22
November 2024
Neometals
Ltd
("Neometals" or "the
Company")
Results of Annual General
Meeting
Innovative battery materials
recycler, Neometals Ltd (ASX: NMT & AIM: NMT) ("Neometals" or "the Company"), is pleased to confirm
that at its Annual General Meeting held on Friday 22 November, all
resolutions put to shareholders were duly passed. Further details,
including the number of votes cast for each resolution and the
percentage of votes cast 'For' and 'Against', can be found
at: www.neometals.com.au/en/investors/performance-and-news/
A copy of the AGM presentation can
be found on the Company's website at
www.neometals.com.au/en/investors/performance-and-news/
Authorised on behalf of Neometals by
Christopher Kelsall, Company Secretary.
- ENDS
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For more information, please
contact:
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Neometals Ltd
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Chris Reed, Managing Director &
Chief Executive Officer
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+61 8 9322 1182
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Chris Kelsall, CFO & Company
Secretary
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+61 8 9322 1182
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Cavendish Capital Markets Ltd - NOMAD &
Broker
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Neil McDonald
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+44 (0)131 220 9771
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Peter Lynch
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+44 (0)131 220 9772
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Adam Rae
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+44 (0)131 220 9778
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About Neometals
Neometals facilitates sustainable
critical material supply chains and reduces the environmental
burden of traditional mining in the global transition to a circular
economy.
The Company is commercialising a
portfolio of sustainable processing solutions that recycle and
recover critical materials from high-value waste
streams.
· Neometals' core focus is its patented, Lithium-ion Battery ("LiB")
Recycling technology (50% NMT), being commercialised
in a 50:50 incorporated JV (Primobius GmbH) with 150-year-old
German plant builder, SMS group GmbH. Primobius is supplying
Mercedes-Benz a 2,500tpa recycling plant and operates its own LiB
Disposal Service in Germany. Primobius' first 21,000tpa commercial
plant will be offered to Stelco under an existing technology
licence for North America.
Neometals is developing two advanced
battery materials technologies for commercialisation under
low-risk, low-capex technology licensing business
models:
· Lithium Chemicals (70%
NMT) - Patented ELi™ electrolysis
process, co-owned 30% by Mineral Resources Ltd, to produce battery
quality lithium hydroxide from brine and/or hard-rock feedstocks at
lowest quartile operating costs. Successfully completed pilot scale
test work and planning further development with industrialisation
partners under a technology licensing business model;
and
· Vanadium
Recovery (100%
NMT) - Patent pending
hydrometallurgical process to produce high-purity vanadium
pentoxide from steelmaking by-product (Slag) at lowest-quartile
operating cost and carbon footprint. Planning to exploit under a
technology licensing business model. Project financing process for
first commercial plant in progress.
For further information, visit: www.neometals.com.au.
