Kuniko gets backing from automaker

摘要

EUROPEAN automaker Stellantis has continued its love affair with ASX-listed explorers, this morning shaking hands with Norwayfocused battery metals explorer Kuniko for equity and offtake deals. Stellantis will invest A$7.8 million for a 19.9 in Kuniko, having previously dealt with Kuniko's former parent company, Vulcan Energy Resources, and Western Australian firms Element 25 and Alliance Nickel, looking for a mix of lithium, manganese, and nickel-cobalt.