Latest News

• Aug 16, 2018

  
  
  

  Neometals to demerge Barrambie Titanium / Vanadium Project

  Neometals to demerge Barrambie Titanium�Vanadium Project and associated non�lithium technology assets, subject to shareholder/regulatory approvals and third�party consents.

  Demerger will allow Neometals to focus on developing its fully�integrated lithium business, underpinned by offtake rights to Mt Marion lithium concentrate.

  New ASXâ€�listed entity to focus on initial development of Barrambie as a direct shipping ore operation with continued evaluation of subsequent onâ€�site production of high – purity titanium and vanadium chemicals.

  Neometals shareholders to receive shares in the new entity via an in�specie distribution. Demerger expected to be completed in the March 2019 quarter, subject to approvals and consents.

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• Jul 31, 2018

  
  

  Quarterly Activities Report

  INTEGRATED LITHIUM BUSINESS UNIT

  Strong operational performance at Mt Marion mine – 109kt of concentrate produced (~65% of 6% Li2O and 35% of 4% Li2O) with shipments totalling ~95kt (13% increase QoQ). Flotation circuit expansion progressing;

  Neometals Lithium Hydroxide production process validated by vendor test results from run-of-mine spodumene concentrates. High-purity battery quality lithium hydroxide chemical produced;

  German engineers M&W Group engaged to complete Front-End Engineering Design Study for the production of Lithium Hydroxide at a new Lithium Refinery - results will be integrated into a Feasibility Study;

  Option agreement executed with City of Kalgoorlie-Boulder for sub-lease of 40-hectare site for the proposed Kalgoorlie Lithium Refinery;

  Azure Capital engaged to advise on the financing of the Lithium Hydroxide Refinery;

  Completion of Mt Edwards lithium project acquisition (transaction also included nickel rights); and

  Mt Edwards lithium project interim and updated JORC 2012 nickel resource delineated (7.4Mt at 1.7% nickel for 123,340t of contained nickel).

  TITANIUM / VANADIUM AND TECHNOLOGY BUSINESS UNIT

  Preliminary test work in China on core from Barrambie confirms the production of high grade concentrates at excellent recoveries and the conversion to high purity titanium and vanadium slags from traditional process flowsheet;

  Barrambie bulk samples shipped to China for pilot scale metallurgical test-work. Successful completion will determine the value-in-use of Barrambie ores and process flowsheet required to enable development of a Direct Shipping Operation (“DSO”); and

  Primero Group engaged to project manage completion of construction, commissioning and operation of the Battery recycling pilot plant to overcome delays. Plant is nearing completion at expanded scale.

  CORPORATE

  Mt Marion JV shareholder loans repaid with $4m balance from original $8m Neometals loan settled post quarter end;

  Payment of 1 cps unfranked dividend; and

  New senior management appointments strengthen the two Neometals business units.

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• Jul 11, 2018

  
  

  Barrambie - Positive Test Work Results

  Receipt of highly encouraging initial Chinese metallurgical results.

  Clean mixed mineral concentrate produced with combined Titanium, Vanadium and Iron levels of >92%.

  Metallurgical processing of mineral concentrate gave recoveries of >90% TiO2 and high recoveries for pig iron and vanadium product streams.

  Results provide strong encouragement that a simple and conventional processing pathway can be developed to extract titanium, vanadium and iron products.

  Supports next stage of Pilot‐scale metallurgical test work.

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• Jun 25, 2018

  
  

  Mt Edwards - Mineral Resource Over 120,000 Nickel Tonnes

  Nickel Mineral Resource for the Mt Edwards Project increased to 7.4 million tonnes at 1.7% Ni for 123,340t of contained nickel.

  Approximately 155% increase in contained nickel .

  Increase to the maiden April 2018 Mineral Resources due to the addition of nickel rights covering four deposits upon settlement of the Mt Edwards acquisition.

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• Jun 20, 2018

  
  

  Completion Of Mt Edwards Lithium Project Acquisition

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• Jun 18, 2018

  
  

  Investor Presentation - Benchmark Presentation June 2018

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• Jun 10, 2018

  
  

  Video interview on lithium hydroxide plant

  

  Chris Reed, chief executive of Neometals Ltd (ASX:NMT), discusses with Proactive's Andrew Scott their decision to enter into an option agreement to sub-lease a 40-hectare site in Kalgoorlie for a proposed lithium hydroxide refinery.

  With a lithium hydroxide plant, Neometals aims to take lithium concentrate feed from its nearby 13.8% owned Mt Marion lithium operations and convert it to the higher value lithium hydroxide product.

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• Jun 6, 2018

  
  

  MoU for Kalgoorlie Lithium Refinery Site and Infrastructure

  Option agreement executed with City of Kalgoorlie-Boulder for sub-lease of site for Neometals lithium hydroxide refinery.

  Proposed 40 hectare location is only 70km from the existing Mt Marion Lithium Operations, 5km from Kalgoorlie township and adjacent to critical infrastructure.

  Kalgoorlie lithium hydroxide refinery is part of Neometals’ strategy to realise maximum value from its lithium feedstocks at a time of unprecedented global demand for battery raw materials and chemicals.

  FEED study for the refinery is in progress, process testing completed.

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• May 25, 2018

  
  

  Neometals Declares 1 cent Unfranked Dividend

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• May 25, 2018

  
  

  Dividend/Distribution - NMT

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