ALLIANCE NICKEL LIMITED

Alliance Nickel Limited is an ASX-listed company advancing the NiWest project in Western Australia to produce battery-grade nickel and cobalt for the electric vehicle and renewable energy industries.

ALLIANCE NICKEL LIMITED Share Price & Chart

About ALLIANCE NICKEL LIMITED (ASX:AXN)

Alliance Nickel Limited is an ASX-listed exploration and development company strategically positioned in the critical minerals sector, specifically focusing on nickel and cobalt production in Western Australia. Their primary asset is the NiWest Nickel Cobalt Project, located near Leonora, which is recognized as one of the largest and highest-grade undeveloped nickel/cobalt deposits in Australia. Situated adjacent to Glencore’s Murrin Murrin operation, the project represents a significant opportunity in the battery metals supply chain.

The company has made substantial progress in advancing the NiWest project, having completed a Pre-Feasibility Study that confirms the technical and economic viability of a heap leach and direct solvent extraction operation. Currently, Alliance Nickel is undertaking a Definitive Feasibility Study (DFS), which is expected to be completed by the end of 2024. This study will provide further detailed insights into the project’s potential and development strategy, positioning the company to become a key supplier of battery-grade nickel and cobalt products.

Alliance Nickel’s strategic approach focuses on developing high-purity nickel and cobalt sulphate products, which are critical components in the rapidly growing electric vehicle and renewable energy storage markets. By leveraging their high-grade mineral resource and proximity to established mining infrastructure, the company aims to contribute to the global transition towards sustainable energy technologies. Their ongoing development efforts and commitment to advancing the NiWest project demonstrate their potential to become a significant player in the critical minerals sector.

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