Neometals Regulatory News (NMT)

3 October 2023

 

RNS Reach

Neometals Ltd

("Neometals" or "the Company")

 

Retail Investor Conference Participation

 

Innovative battery material recycler, Neometals Ltd (ASX: NMT & AIM: NMT) ("Neometals" or "the Company"), is pleased to announce the Company's participation in upcoming retail investor conferences in the UK.

General Manager, Jeremy McManus will host an investor presentation at the London South East Natural Resources Webinar on Tuesday 3rd October at 19:00 BST. There will be presentations from other companies between 18:00 and 20:00. Sign up for the webinar online https://shorturl.at/cfBI9 .

Jeremy will also be presenting at the Shares and AJ Bell 'LIVE' investor evening at The Novotel, Tower Hill on 10 October 2023 at 19:00 BST. Investors will have the chance to listen to the latest Company presentation and ask questions. Shareholders and potential investors can register and join us for the 'live' the event for free at: https://shorturl.at/hwA67 .

 

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For more information, please contact:

 

 

About Neometals

 

Neometals has developed and is commercialising three environmentally-friendly processing technologies that produce critical and strategic battery materials at lowest quartile costs with minimal carbon footprint.

Through strong industry partnerships, Neometals is demonstrating the economic and environmental benefits of sustainably producing of lithium, nickel, cobalt and vanadium from lithium-ion battery recycling and steel waste recovery. Reducing the reliance on traditional mine-based supply chains and creating more resilient, circular supply chains to support the energy transition. 

The Company's three core business units are exploiting the technologies under principal, joint venture and licensing business models:

 

·    Lithium-ion Battery ("LIB") Recycling (50% technology) - Commercialisation via Primobius GmbH JV (NMT 50% equity). All plants built by Primobius' co-owner (SMS group 50% equity), a 150-year old German plant builder. Providing recycling service as principal in Germany and commenced plant supply and technology licencing activities as technology partner to Mercedes-Benz. investment decision for Primobius' first commercial 50tpd plant and JV with Stelco in Canada expected end 2023;

 

·    Lithium Chemicals (70% technology) - Commercialising patented ELi™ electrolysis process, co-owned 30% by Mineral Resources Ltd, to produce battery quality lithium hydroxide from brine and/or hard-rock feedstocks at lowest quartile operating costs. Co-funding Pilot Plant trials in 2023 with Demonstration Plant trials and evaluation studies in 2024 for potential 25,000tpa LiOH operation in Portugal under a 50:50 JV with Bondalti, Portugal's largest chemical company; and

 

•  Vanadium Recovery (100% technology) - aiming to produce high-purity vanadium pentoxide from processing of steelmaking by-product ("Slag") at lowest-quartile operating cost. Investment decision with JV partner, Critical Metals pending on planned 9,000tpa vanadium pentoxide operation in Pori, Finland (NMT 72.5% equity). Feedstock sourced under 10-year Slag supply agreement with SSAB and product offtake agreement with Glencore. MOU with H2Green Steel for potential second, larger operation in Boden, Sweden.

 

For further information visit www.neometals.com.au