Australia's Neometals jumps on nickel sulphate production at German JV
08/11/2023 04:43
** Shares of Australia's Neometals NMT.AX rise as much as
14.9% to A$0.270, their highest since Oct. 30
** Battery materials recycler says its German lithium ion
battery recycling joint venture, Primobius GmbH, produced
battery-grade nickel sulphate
** Says produced nickel sulphate exceeds Chinese cathode
producer specifications
** Stock down 70.6% YTD, as of last close
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))