Neometals Ltd
Neometals Ltd is an Australia-based battery materials producer.
The business
Neometals Ltd is an Australia-based battery materials producer. The Company has developed and is commercializing three environmentally friendly processing technologies. The Company operates through three segments: lithium, titanium/vanadium and other. It is commercializing Lithium-ion Battery (LiB) Recycling technology via Primobius GmbH JV. It is providing recycling service as principal in Germany and commenced plant supply and licensing activities as technology partner to Mercedes-Benz. The Company is involved in commercializing patented ELi electrolysis process to produce battery quality lithium hydroxide from brine and/or hard-rock feedstocks. It also enables sustainable production of high-purity vanadium pentoxide from processing of steelmaking by-product (Slag). Its Barrambie Titanium and Vanadium Project is a highest-grade hard-rock titanium-vanadium deposits. The other segment comprises other minor exploration projects and mineral process technology businesses.
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Latest news
Neometals Receives High-Grade Gold Results from Drilling at Barrambie Project in WA
Neometals (ASX: NMT) is already planning further work at its Barrambie gold project in Western Australia after obtaining high-grade hits in new drilling at the site. While Barrambie has seen only minimal gold exploration since the 1990s, Neometals believes the project has potential for high-tenor gold mineralisation. The company conducted a program of diamond drilling […]
Neometals and MinRes partner with Rio Tinto to advance ELi lithium processing technology
A partnership between Neometals (ASX: NMT) and Mineral Resources (ASX: MIN) has entered into a memorandum of understanding with Rio Tinto (ASX: RIO) aimed at progressing a unique lithium processing technology. Reed Advanced Materials (RAM), 70:30 co-owned by the two companies, will work with Rio on the potential validation of the trademarked ELi Process Technology […]
Neometals’ Finnish vanadium recovery project gains EU backing and strategic financing
Neometals (ASX: NMT) has received European Union (EU) funding support for its plans to develop a unique vanadium recovery process in Finland. Novana, in which Neometals has an indirect interest through its 88%-owned entity Recycling Industries Scandinavia AB (RISAB), has executed a project agreement with EIT RawMaterials that will support the development of the Finnish […]
Market wrap: Aussie market falls down the Jackson Hole
For this entire week the Australian share market has been trading in an information vacuum. We all knew that the world’s most important central banker, Jerome Powell, would be giving an internationally vital speech at the Jackson Hole symposium for central bankers but we also knew that the Australian share market would be safely tucked […]
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