Neometals Ltd (ASX: NMT)
Announced that Primobius GmbH, the joint venture company owned 50:50 by Neometals and SMS group GmbH , has commenced wet commissioning the hydrometallurgical refining circuits of its showcase lithium-ion battery
recycling demonstration plant.
|Neometals||ASX : NMT|
|Stage||Production + development|
|Metals||Titanium + Vanadium + lithium + nickel|
|Market cap||A$474 m @ 86 c|
|Location||Western Australia, Germany|
Neometals JV Primobius Battery recycling demonstration plant – stage 2 commissioning commences
• Primobius commences wet commissioning of Stage 2 hydrometallugicalrefinery;
• Stage 2 takes black mass and uses solvent extraction to recover active cathode materials (lithium, nickel, cobalt, and
manganese) as individual high-purity chemicals for re-use in the production of new lithium-ion batteries; and
• Demonstration trials scheduled to commence in October and conclude in November.
Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to announce that Primobius GmbH (“Primobius”), the joint venture (“JV”) company owned 50:50 by Neometals and SMS group GmbH (“SMS group”), has commenced wet commissioning the hydrometallurgical refining circuits of its showcase lithium-ion battery (“LIB”)
recycling demonstration plant (“DP”).
The DP, located in Primobius’ leased building within the SMS group engineering competence centre in Hilchenbach, comprises a fully constructed Shredding and Beneficiation Circuit (Stage 1) and a Hydrometallurgical Refining Circuit (Stage 2). The entire leaching and solvent extraction circuits has been water tested and leaching of intermediate active material (“Black Mass”) from Stage 1 and filtering the carbon anode residue has commenced.
The individual solvent extraction circuits (to recover copper, manganese, cobalt, nickel and lithium) will then be sequentially commissioned.
The fully integrated, continuous process DP trial constitutes one of the key evaluation
activities required for the JV to make an investment decision relating to construction of
Primobius’ first commercial integrated (Stage 1 and 2 combined) LIB recycling plant (“50tpd Integrated Plant 1”). Commencement of Stage 2 commissioning is another significant milestone for Primobius and the subsequent trials remain on schedule.
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