[SMM Nickel Market Flash] Alliance Nickel Says Stellantis Offtake for 40% of NiWest Output Is Being Renegotiated

Published: Jul 28, 2026 09:04

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Alliance Nickel disclosed in its June 2026 quarterly that its offtake agreement with Stellantis is under renegotiation, without detailing terms or timing. The 2023 partnership with the automaker combined an equity investment with offtake for roughly 40% of future output from NiWest, the ASX-listed developer's 100%-owned nickel-cobalt laterite project in Western Australia. NiWest plans to produce battery-grade nickel and cobalt sulphate via heap leach and direct solvent extraction, averaging about 20,000 t/y of contained nickel and 1,600 t/y of cobalt over the first 12 years of a 35-year life. Automaker offtake underpins project financing for Western laterite-to-sulphate developers, so any reset in volume or terms is a signal worth tracking for the ex-China battery nickel chain.

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