Neometals’ Primobius JV Stelco Update

Neometals (ASX / AIM: NMT)

Announced that Primobius GmbH, the joint venture company owned 50:50 by Neometals and SMS group GmbH, has executed revised agreements with Stelco Holdings Inc.

Stelco Holdings Inc. and Primobius have agreed term extensions for the technology license and lithium-ion battery recycling JV option agreements entered into in late 2021

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Neometals’ Primobius Study For 50 TPD Plant

Neometals Ltd (ASX: NMT)

Announced that Primobius GmbH  the 50:50 JV owned by Neometals and SMS group GmbH has finalised its internal Engineering Cost Study (+30%,-10% accuracy) for a first-stage shredding Spoke of a potential greenfield lithium-ion battery recycling operation in an existing industrial park in Germany.  Continue reading