Latest News

• Nov 28, 2019

  
  

  Battery Recycling Pilot Plant - Outstanding Nickel Results

  

  Lithium-ion battery recycling pilot generates exceptional purity (+99.9%) nickel sulphate product at high recovery rate (+98%).

  Results materially surpass scoping study assumptions.

  Pilot test-work program remains on track for substantial completion this calendar year.

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• Nov 27, 2019

  
  

  Neometals - Deconstructing the Battery Revolution

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• Nov 21, 2019

  
  

  AGM Replay

  Click here to view a replay of the
  AGM live webcast
  (originally broadcast on Wednesday, Nov 20 at 3pm AWDT)

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• Nov 20, 2019

  
  

  AGM Chairman's Address

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• Nov 20, 2019

  
  

  AGM CEO Presentation

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• Nov 20, 2019

  
  

  Barrambie - Outstanding Titanium Test Work Results

  

  Key milestone achieved for the all-hydrometallurgical process flowsheet to recover titanium and vanadium chemicals from Barrambie.

  Independent test-work generates high purity (+99%) titanium chemical at high recovery rate (+98%).

  Construction of Australian pilot plant materially complete - titanium processing imminent.

  Commenced preparation in Australia of concentrate feedstocks for proposed demonstration plant.

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• Nov 13, 2019

  
  

  Additional Nickel Mineral Resource at Mt Edwards

  Encouraging Inferred Nickel Mineral Resource estimate at newly acquired Munda deposit in Western Australia.

  Updated Mineral Resource is 320,000 tonnes at 2.23% Nickel for 7,140 tonnes of contained nickel.

  Mineralisation remains open across-strike and down-dip with recent diamond core drilling supporting potential for further Munda exploration success.

  Global Mineral Resources at Mt Edwards now increased to 7.7 Million tonnes at 1.7% nickel for circa 130,400 tonnes of contained nickel.

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• Nov 8, 2019

  
  

  Battery Recycling - Outstanding Pilot Plant Results

  Independent pilot test-work generates high purity (+99%) cobalt sulphate product at high recovery rate (+98%).
  
  Project economics strongly driven by cobalt, recoveries to date exceed scoping study assumptions.
  
  Pilot test-work advancing well with copper, cobalt and manganese recovery complete – nickel and lithium to commence imminently with substantive completion in December 2019.
  
  Successful pilot results are the key milestone for 50:50 JV formation with German conglomerate, SMS Group.
  
  Joint preparations underway for European demonstration plant and engineering cost study.

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• Oct 30, 2019

  
  

  Quarterly Activities Report

  HIGHLIGHTS

  
  CORPORATE

  Significant commercial activity culminating in partnership agreements signed during and post the quarter; and

  Cash $107.1million, receivables and investments at $9.4million.

  
  CORE DEVELOPMENT ACTIVITIES
  
  Lithium-ion Battery Recycling Project

  September quarter negotiations formalised post the period end - MOU with global processing plant manufacturer, SMS Group, granting an exclusivity period over JV to commercialise Neometals' recycling technology;

  Recycling pilot test-work nearing completion with key cathode metals being recovered and upgraded to chemical products for the battery supply chain; and

  Commercialisation and market evaluation running in parallel with preparations for European demonstration trial plant at SMS Group facilities.

  
  Lithium Refinery Project

  Commencement of jointly funded evaluation pursuant to MOU with leading Indian power conglomerate for the development of the first lithium refinery in India using Neometals annual offtake option from Mt Marion;

  MOU contemplates the production of primarily lithium chemicals (predominantly lithium hydroxide ("LiOH") at a minimum rate of 10,000tpa LiOH equivalent; and

  Successful production of multiple types of commercial quality synthetic zeolite products from various sources of lithium refinery residue. Production of synthetic zeolite could eliminate significant disposal costs and generate significant co-product revenue from a market multiple times larger than the lithium market.

  
  Barrambie Titanium and Vanadium Project

  MOU signed post the period end with China's IMUMR which defines joint milestones ahead of a potential 50:50 operating JV to develop the project;

  Successful preliminary metallurgical test-work has defined the optimal flowsheet for pilot scale beneficiation test-work to commence in the December quarter; and 

  Beneficiation pilot plant output will be supplied to IMUMR for demonstration plant test-work in China.

  
  EXPLORATION ACTIVITIES

  Mt Edwards exploration highlights include high grade massive sulphide nickel assay results from small drilling campaigns over existing and newly acquired deposits. Drill programs have successfully tested high grade nickel sulphide near and within existing Mineral Resources; and

  A systematic program is underway to build / realise value from Mt Edwards via geophysics guiding targeted drilling together with acquisitions and applications to grow the project size.

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• Oct 22, 2019

  
  

  "CRUX Investor" video interview

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