Neometals Issue a Barrambie Offtake Update

Neometals Ltd (ASX & AIM: NMT)

Announced that its wholly owned subsidiary Australian Titanium Pty Ltd has been unable to advance from offtake term sheet to binding take or pay offtake agreement with Jiuxing.

Both parties have invested significant time and money evaluating the feasibility of using Barrambie MGC in Jiuxing’s downstream titanium processing facilities. Continue reading

Neometals Signs Critical Minerals agreement

Neometals Ltd (ASX / AIM: NMT)

Has signed a Term Sheet to investigate opportunities with AVL to purchase and further process the co-product vanadium/iron concentrate generated from Neometals’ Barrambie Project,  and to co-locate and/or share infrastructure near AVL’s processing
plant site.  Continue reading

Neometals Successful Barrambie Titanium Slag Smelting Trial

Neometals Ltd (ASX: NMT)

Announced highly encouraging results with production of +90% TiO2 chloride slag from the industrial scale smelting trial of a blend of Barrambie Mixed Gravity Concentrate with other ilmenites.

Neometals’ potential offtake partner, Jiuxing Titanium Materials (Liaonging) Co. Ltd  ran the trial at their production facility in China.  Continue reading