Alliance Nickel Ltd
Market wrap: strong end to the week as energy shines
Australia’s share market ended the week on a high after gaining in four of the five trading days with energy stocks the hero, rising on the back of higher oil prices and optimism about a continuing economic recovery in China. By the end of trade for the week the ASX 200 had risen 0.4% or […]
Alliance Nickel’s NiWest granted federal government major project status
Alliance Nickel (ASX: AXN) has welcomed the granting by the Australian government of major project status (MPS) for its NiWest nickel-cobalt project in Western Australia. Along with the prestige of being designated an MPS, the award assists developers in gaining government support for projects identified as strategically significant with the potential to contribute to the […]
Market wrap: Wall Street record nudges local market higher
An amazing record on Wall Street as the S&P 500 index briefly crested 5000 points for the first time encouraged a third straight day of gains on Australia. The benchmark index for the US market briefly touched a record high of 5000.4 points but was unable to hold that peak and closed with a still […]
Alliance Nickel’s NiWest project gains momentum with Samsung SDI offtake agreement
Alliance Nickel (ASX: AXN) has signed a non-binding term sheet with global lithium-ion battery manufacturer Samsung SDI for the offtake of battery-grade nickel and cobalt sulphate products from its NiWest project in Western Australia. The sheet outlines a six-year binding offtake agreement that Samsung SDI will enter into pending final negotiations of definitive terms and […]