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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: Titanium
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’ Barrambie Titanium Project PFS Update
Neometals Ltd (ASX / AIM: NMT)
Announced the completion of an update to its Association for the Advancement of Cost Engineering (“AACE”) Class 4 (+/- 25%) PFS for the production of DSO and MGC from its 100% owned Barrambie Titanium Project (“Barrambie”). 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 Barrambie PFS ‘Robust’
Neometals (ASX: NMT)
Announced a positive and ‘robust’ PFS for their Barrambie Titanium Project located in Western Australia.
Average free cash (before tax, depreciation and amortisation) of AUD $136M p.a. over the first 10 years. Continue reading
Neometals Barrambie Pilot Plant and Offtake Update
Neometals (ASX: NMT)
Neometals has successfully commissioned its pilot plant and commenced production of a titanium-rich gravity concentrate sample for offtake evaluation trials.
Approximately 150 tonnes of gravity concentrates will be produced and shipped in Q1 2022. Continue reading