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Sep 5, 2018
Neometals successfully converts lithium residue into valuable engineered material
Neometals test-work with CSIRO confirms synthesis of commercial grade zeolite from spodumene leach residue.
Opportunity to add co-product revenue, reduce waste and improve the lithium hydroxide competitive cost position.
Technology is the subject of Neometals' Australian Provisional and International patent applications.
2017 global market for synthetic zeolites (molecular sieves for adsorbents and catalysts) valued at US$13.7B.
Engineering Cost Study underway to accelerate commercialisation activities including pilot scale test work
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Jan 31, 2017
Quarterly Activities Report
All downstream lithium processing technology and patents are owned by Reed Advanced Materials Pty Ltd (“RAM”). RAM is beneficially owned 70:30 by the Company and MIN.
The commercialisation program of the JV Partners patented ELi process will continue separately from arrangements under the aforementioned MOU with primary focus on its application to traditional salar brines as well as spodumene/hard rock supply sources.
RAM is in discussions with potential users regarding sub‐licensing the ELi Process to produce lithium hydroxide.
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Jul 11, 2016
Positive Lithium Downstream Processing Feasibility Results
Positive results for Feasibility Study (‘FS’) on producing battery grade lithium hydroxide and lithium carbonate using the patented ELiTM Process
The FS cost estimates established to an accuracy of +/‐ 15% confirm a production operation is technically feasible and economically viable
The FS demonstrates an internal rate of return of 51% and a pre‐tax net present value of US$481M using a 12% discount rate
Pilot plant study using run‐of‐mine concentrates is the next step in commercialising ELi
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Jan 28, 2016
Quarterly Activities Report
Work commenced on the project DFS during the quarter and the DFS is on‐schedule for completion in mid‐2016
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Dec 2, 2015
Appointment of Chief Operating Officer
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Nov 27, 2015
Presentation on the future of batteries and lithium
Presentations given by Prof Ray Wills and Prof Dudley Kingsnorth on the future of batteries, lithium and lithium supplies.
Video: https://youtu.be/R3b4MuT1xA0
Presentation slides: http://www.neometals.com.au/reports/629-All-presentations.pdf
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Nov 11, 2015
Lithium Hydroxide - Definitive Feasibility Study Commences
Neometals Ltd and Mineral Resources Limited are pleased to announce the commencement of a Definitive Feasibility Study on their patented ELi Process, to produce 20,000 tonnes per annum of batterygrade Lithium Hydroxide directly from spodumene concentrates.
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Jan 16, 2015
Quarterly Activities Report
Semi- Pilot Plant in US successfully achieves 200hr of operation at 80% efficiency.
Optimisation testwork of semi-pilot plant in USA reduces power consumption by 15%.
Australian patent granted for lithium hydroxide technology.
Works Approval granted, upstream mining and processing project now fully permitted.
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Nov 7, 2014
Australian Patent Granted for Lithium Hydroxide Process
Patent for production of high purity Lithium Hydroxide.
Semi- Pilot Plant in US successfully achieves 200hr of operation at 80% efficiency.
Results confirm potential to deliver lowest-quartile operating costs as indicated in Pre- feasibility Study 2012.
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Jul 1, 2014
Investor Presentation