Neometals Terminates Indian Lithium Refinery Deal

Neometals Ltd (ASX: NMT)

Announced that its MOU with Indian company Manikaran Power Limited to jointly fund the evaluation of developing an Indian lithium refinery together, with a co-operation agreement ancillary to the MOU, have been terminated.

 

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Neometals ASX : NMT
Stage Production + development
Metals Titanium + Vanadium + lithium + nickel
Market cap A$384 m   @ 70 c
Location Western Australia, Germany

 

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Neometals logo

 

Neometals Indian Lithium Refinery Update

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Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), announces that its memorandum of understanding (“MOU”) with Indian company Manikaran Power Limited to jointly fund the evaluation of developing an Indian lithium refinery, which Neometals advised was under strategic review (see HERE), together with a co-operation agreement ancillary to the MOU, have been terminated.

Authorised by the Board of Neometals

 

 

To read the full news release, please click HERE

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