Neometals innovatively develops opportunities in minerals and advanced materials essential for a sustainable future.
Latest News and Reports
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Appointment of Senior Lithium Executive
July 2, 2019
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Neometals Zeolite Production Evaluation Results
June 24, 2019
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MoU - Lithium Refinery in India
June 20, 2019
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Investor Presentation - AMEC Conference
June 12, 2019
About Us
Neometals Ltd ("Neometals" – ASX:NMT) has three core projects:
- Barrambie Titanium and Vanadium Project - one of the world's highest-grade hard-rock titanium-vanadium deposits, working towards a development decision in mid-2019;
- Lithium-ion Battery Recycling – a proprietary process for recovering cobalt and other valuable materials from spent lithium batteries. Pilot plant testing currently underway with commercial development decision expected by December 2019;
- Lithium Refinery Project – Progressing plans for a lithium refinery development to supply lithium hydroxide to the battery cathode industry, underpinned by a binding life-of-mine annual offtake option for 57,000 tonnes per annum of Mt Marion 6% spodumene concentrate.
Neometals' strategy focuses on de-risking and developing long life projects with strong partners and integrating down the value chain to increase margins and return value to shareholders.
News and media
Latest News
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Jul 2, 2019
Appointment of Senior Lithium Executive
Neometals Ltd is pleased to advise the appointment of experienced mining executive Matthew Read as General Manager – Lithium Projects to drive the Company's feasibility and engineering studies in its core lithium related projects.
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Jun 24, 2019
Neometals Zeolite Production Evaluation Results
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Jun 20, 2019
MoU - Lithium Refinery in India
MOU with leading Indian power conglomerate to jointly evaluate the development of a lithium refinery in India.
Parties to share test-work and evaluation costs for battery grade lithium chemical production.
Opportunity for Neometals to leverage its valuable Mt Marion offtake option and lithium industry experience
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Jun 12, 2019
Investor Presentation - AMEC Conference
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Jun 4, 2019
Lithium Battery Recycling - Scoping Study Results
Scoping Study supports robust economic outcomes for Neometals’ battery recycling process.
Process recovers cobalt, nickel, copper and lithium as high‐purity sulphate products, with estimated operating cost of less than US$7/lb (US$15/kg) of contained cobalt as cobalt sulphate, before by‐product credits.
Provisional patents pending in Australia and Europe.
Pilot test work in Canada on schedule and will be followed by planned Class 3 Engineering and Feasibility Studies.
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May 22, 2019
Barrambie Vanadium DFS Results and Start of Titanium Pilot
Neometals confirms primary production of vanadium pentoxide and ferrovanadium from vanadium-rich Central Bands to be technically feasible and economically viable.
Revised DFS focused on vanadium production only (primarily from Central Bands). Next step to determine how to extract value from titanium which represents ~95% of contained Barrambie resource metal.
Commenced staged pilot-scale evaluation of conventional hydrometallurgical flowsheets to recover titanium and vanadiumfrom the titanium-rich Eastern Band.
Pilot to provide data to upgrade the accuracy of 2015 PFS to DFS standard and determine optimal flowsheet to process 'whole of deposit' before commencing a FEED Study.
A Canadian NI 43-101 Technical Report is nearing completion as a capstone document for ongoing offtake, partner and financing discussions
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May 7, 2019
Neometals Lithium Presentation for Benchmark New York
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May 1, 2019
Neometals Declares 2 Cent Partially Franked Dividend
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Apr 30, 2019
Quarterly Activities Report
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Mar 18, 2019
Completion of Mt Marion Sale and Strategy Guidance
Neometals cash balance at ~AUD$131 million plus ~AUD$7 million in listed investments.
Core strategy remains to de-risk and develop long life projects with strong partners and integrate down the value chain to increase margins and return value to shareholders.
Neometals Board has refined short-term project development priorities:- Driving the Barrambie Project's engineering, approvals and financing processes toward a Final Investment Decision for the development of a primary vanadium operation in 2019;
- Completion of the lithium-ion battery recycling pilot and feasibility study in parallel with market qualification, partner and approvals processes; and
- Advancing design and approvals activities for the Lithium Refinery Project and proving-up of zeolite co-product opportunity.
Twitter Feed
In our latest fortnightly roundup of news impacting the lithium industry: India continues to set itself for electric future, Record low solar + battery prices, VW, LG Chem, JLR and more! #asx #lithium #india https://t.co/jBuxJZnpAB https://t.co/MH5rEwSjh0 - Link
Appointment of Senior Lithium Executive https://t.co/1tLoDuDOuu https://t.co/FVrFWAYRwv - Link
Our latest fortnightly roundup of news impacting the lithium industry is out now! In this edition: India prepares for EV liftoff, Toyota, BMW, German battery research, car pollution deaths, Paris heat and EV's and more! #asx #lithium #auspol https://t.co/oyW4MyWOvm https://t.co/b9L5aVap3q - Link
Neometals Zeolite Production Evaluation Results. Manufacturing zeolites from spodumene leach residue could eliminate waste disposal and associated costs from lithium production and generate significant co‐product revenue. https://t.co/szA7g7bsoi https://t.co/x665BscqGJ - Link
Neometals Ltd is pleased to announce that it has entered into a binding MOU with Indian company Manikaran Power Ltd to jointly fund the evaluation of developing the first lithium refinery in India. #asx #auspol https://t.co/KQFOIFqAUP https://t.co/xLjQ3yKG1e - Link
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