Neometals (ASX / AIM: NMT)
Announced their intention to delist from the London AIM market, due to the cost of maintaining a listing , low liquidity, and the “challenging conditions for financing” in London. Continue reading
Tag Archives: Neometals
Neometals Successfully Closes A$4 Million Placement
Neometals (ASX / AIM: NMT)
Announced that it has received firm commitments from sophisticated, professional
and institutional investors for its placement of 44,444,445 new fully paid ordinary shares at A$0.09 per New Share to raise approximately A$4 million (before costs). Continue reading
Neometals Strategic Review
Neometals Ltd (ASX / AIM: NMT)
Provided a strategy update with the following key measures to be implemented immediately, restructuring and right-sizing of the organisation and its underlying cost base to reflect a new strategic refocus. Continue reading
Neometals Option to acquire PM Waste Recovery Plant
Neometals (ASX / AIM: NMT)
Announced it has secured an option, expiring 31 August 2024 to acquire an 80% equity interest of US business, Precious Metals Recovery, LLC.
PMR operates a pilot plant which demonstrates its proprietary hydrometallurgical processing flowsheet to recover precious metals from industrial waste streams. Continue reading
Neometals Final Stage of ELi™ Pilot Trial Commences
Neometals (ASX / AIM: NMT)
Announced the commencement of the final Electrolysis stage of a pilot test work
program by Reed Advanced Materials Pty Ltd.
RAM, the 70:30 Neometals incorporated joint venture, with Mineral Resources Ltd, is commercialising its proprietary ELi™ Process. Continue reading
Neometals Halts Further Spargos Exploration
Neometals Ltd (ASX / AIM / NMT)
Advised completion of the exploration review at its Spargos project in Western Australia.
Neometals concludes that the ESGB has a low chance for Lithium-Caesium-Tantalum pegmatite prospectivity, and given the current market conditions for lithium, further Spargos exploration activities have been placed on hold pending a strategic review.
Neometals Announce Mercedes Benz Purchase Order
Neometals (ASX / AIM NMT)
Announced that Primobius GmbH has received a PO for supply of a hydrometallurgical refining Hub from Mercedes for installation at its Kuppenheim operation in Germany.
The PO value is ~ £16M and was awarded as part of a cooperation arrangement with Mercedes (“Cooperation”). Continue reading
Neometals AGM Presentation and Address
Neometals (ASX & AIM: NMT)
Innovative battery materials recycler, Neometals published the Chairman’s AGM Address and the AGM Presentation for 2023.
These were presented at the company’s Annual General Meeting. Continue reading
Mining Review 26th November 2023
Mining Review 26th November 2023
i-80 Gold announced high grade results from their Cove Gold Project in an otherwise quiet week for news from our watchlist stocks.
The recent Global Mining Finance Conference was busy as it lead into the London Mining fortnight, with other conferences to follow. Continue reading
Neometals Launches Placement and Entitlement Offer
Neometals (ASX / AIM: NMT)
Intends to undertake a capital raising by way of a placement of new fully paid ordinary shares to sophisticated, professional and institutional investors to raise approximately A$7.0 million and a non-renounceable entitlement issue of New Shares to eligible shareholders in Australia and New Zealand to raise up to approximately A$13 million. Continue reading
Mining Review 8th October 2023
Mining Review 8th October 2023
Higher US bond yields were the focus this week as they pushed gold lower, and then on Friday retreated a tad to allow gold to rise into the close.
Neometals issued an update on their Barrambie titanium and vanadium project, announcing they have failed to agree terms with Xinjiang for offtake, and have terminated discussions. Continue reading
Battery Recycling Expert to Lead Neometals Recycling
Neometals (ASX / AIM: NMT)
Announced the appointment of career electric vehicle and battery recycling expert, Christian Reiche (M.Sc., B.Sc.) to lead Neometals’ lithium-ion battery (“LiB”) recycling activities. Continue reading
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 Grant of Battery Recycling Patent
Neometals (ASX / AIM: NMT)
Announced that the Australian Patent Office has granted Neometals’ 50% owned
recycling intellectual property subsidiary, A.C.N. 630 589 507 Pty Ltd a patent for the key process steps of its lithium-ion battery recycling process. Continue reading
Market Review August 2023 Published
Market Review August 2023
The August 2023 Market Review has been published. It features comments on Karora Resources, Neometals, and Orla Mining, plus news snippets from other companies.
The review also provides market data for commodity prices. Continue reading
Neometals’ Mercedes Battery Recycling Plant Order
Neometals (ASX & AIM: NMT)
Announced that Primobius GmbH, the battery recycling incorporated joint venture company owned 50:50 by Neometals and SMS group GmbH, has received a Purchase Order for supply of a 10 tonne per day Spoke with Mercedes for installation at Kuppenheim in southern Germany. Continue reading
Mining Review 6th August 2023
Mining Review 6th August 2023
Maple Gold and Pacgold reported exploration results this week, neither causing much excitement in the market.
Gold fell nearly 1% on US rate news and sentiment, silver, nearly 3%, reversing some of the recent rise. Continue reading
Neometals Battery Recycling ‘Hub’ Engineering Cost Results
Neometals (ASX & AIM: NMT)
Announced the successful completion by Primobius GmbH of the ECS for the Hub part (component) of a 21,000 tonnes per annum fully integrated LiB recycling plant. Continue reading
Mining Review 16th July 2023
Mining Review 16th July 2023
Gold had a better week after poor US employment numbers, base metals were largely positive despite Chinese economic concerns.
Calidus Resources, Cartier Resources, and i-80 Gold all reported good drill results. Continue reading
Neometals Vanadium Recovery Project Update
Neometals Ltd (ASX: NMT & AIM: NMT)
Announced that the Vanadium Recovery Project special purpose vehicle, Recycling Industries Scandinavia AB (“RISAB”), is making strong progress in the lead up to its VRP1 FID. Continue reading