Neometals Ltd is a developer of industrial mineral and advanced materials projects.
Latest News and Reports
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Completion of Mt Marion Sale and Strategy Guidance
March 18, 2019
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Euroz Institutional Conference Presentation
March 14, 2019
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Half Year Report for the half year ended 31 December 2018
March 6, 2019
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2019 RIU Explorers Conference
February 28, 2019
About Us
Neometals Ltd ("Neometals" - ASX:NMT) is a project developer and supplier of strategic materials, with a specific focus on targeting higher margins from downstream opportunities.
The Company 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;
- Kalgoorlie 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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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.
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Mar 14, 2019
Euroz Institutional Conference Presentation
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Mar 6, 2019
Half Year Report for the half year ended 31 December 2018
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Feb 28, 2019
2019 RIU Explorers Conference
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Feb 27, 2019
Update on Mt Marion Sale
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Feb 21, 2019
RIU Conference Presentation
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Feb 12, 2019
Neometals Commences Lithium Battery Recycling Pilot Plant
SGS Lakefield awarded contract to construct and operate Neometals' battery recycling pilot in Canada.
Neometals' battery shredding plant successfully commissioned and approximately 2 tonnes of used batteries prepared for leaching stage.
SGS has purpose-built facilities and world-class hydrometallurgical processing expertise.
Pilot will produce samples of high purity battery materials for market qualification testing.
Pilot operation to provide showcase for customers and precedes front-end engineering studies.
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Feb 1, 2019
Update on completion of Mt Marion sale
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Jan 15, 2019
BAML Battery and Storage Forum Presentation
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Dec 21, 2018
Neometals agrees the sale of Mt Marion equity for $A104 million and retains offtake rights
Neometals to sell its Mt Marion project equity to Ganfeng and Mineral Resources for ~A$104 million
"Life of Mine" offtake option rights for 57,000 tpa of spodumene concentrate
Strategy to produce higher value lithium chemicals underpinned by certainty from proven feed supply
Balance sheet strengthened to support project development financing and offtake processes
continue reading
Twitter Feed
Completion of Mt Marion Sale and Strategy Guidance - https://t.co/MDFW0e2mHm https://t.co/hPBD5hyuLT - Link
VW plans to transform the electric car industry over the next decade https://t.co/l1DHzjhgXL - Link
Our latest fortnightly roundup of news impacting the lithium industry is out now! - https://t.co/t2DPepNo74 https://t.co/zey5KJPqNC - Link
Electric cars: China's drive to dominate the industry — "60 Minutes" - CBS News @NIOGlobal https://t.co/7FpmunXzpO - Link
We’re happy institutional investors, like pension funds, now “see energy storage as the most interesting renewables option” due to the declining cost of #batteries and the appeal of stable, long-term cash flows @energystoragenw: https://t.co/8a1pKv1jBo - Link
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