Alliance Nickel Limited (ASX:AXN), founded in 1980 and headquartered in Nedlands, Australia, is an ASX-listed exploration and development company focused on nickel and cobalt mineral properties for battery-grade products. The company holds 100% ownership of the NiWest Nickel-Cobalt Project, one of Australia's largest and highest-grade undeveloped nickel laterite mineral resources, located near Leonora in Western Australia's North Eastern Goldfields adjacent to Glencore's Murrin Murrin operations; it targets production of high-purity, IRA-compliant nickel sulphate and cobalt sulphate via a heap leach and direct solvent extraction process, as confirmed viable by a Pre-Feasibility Study and Definitive Feasibility Study completed in November 2024. Operations are concentrated in Western Australia within the other industrial metals and mining sector, serving battery manufacturers and electric vehicle automakers globally. In January 2023, the company rebranded from GME Resources Limited to Alliance Nickel Limited; it executed a binding offtake agreement and equity investment with Stellantis N.V. in 2023 for 170,000 tonnes of nickel sulphate and 12,000 tonnes of cobalt sulphate over five years, representing about 40% of NiWest's projected annual production, alongside a non-binding term sheet with Samsung SDI Co., Ltd. for future offtake; however, in November 2025, Stellantis issued a termination notice effective December 3, 2025, due to unmet milestones amid weak nickel prices and project financing challenges, while expressing interest in renegotiating terms, prompting Alliance to pursue alternative funding including a potential SPAC transaction for Nasdaq listing.