Stellantis N.V. (NYSE: MTA. Euronext Paris: STLA) and Alliance Nickel Ltd (formerly GME Resources – ASX: AXN, Alliance) today announced the signing of a binding offtake agreement for the supply of 170,000 tons of nickel sulphate and 12,000 tons of cobalt sulphate in total over a five-year period. This represents ~40% of forecast annual production of the NiWest Nickel-Cobalt Project in Western Australia. Pricing for the nickel and cobalt sulphate is linked to index prices. This advances the MoU on the sale of battery nickel and cobalt sulphate from Western Australia entered last October. (EV Battery Gold Rush Persists with Stellantis and GME)
NiWest is an advanced nickel-cobalt development project in Western Australia that hopes to produce ~90,000 tpa (tons per annum) of battery grade nickel and cobalt sulphate for the electric vehicle market. To date, more than AU$30 million has been invested into drilling, metallurgical test work and development studies. Continue reading







EPA Emergency Order Allows Summer Sale of E15 Gasoline
The US Environmental Protection Agency today is issuing an emergency fuel waiver to allow E15 gasoline, gasoline blended with 15% ethanol, to be sold during the summer driving season. EPA’s waiver is effective 1 May when terminal operators would otherwise no longer be able to sell E15 in the affected regions of the country.
It will last through 20 May, which is the statutory maximum of 20 days. EPA will continue to monitor the supply with industry and federal associates. EPA expects to issue new waivers effectively extending the emergency fuel waiver until such time as the “extreme and unusual fuel supply circumstances” due to the war in Ukraine are no longer present. Continue reading →