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REG - Neometals Ltd - AGM Update

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RNS Number : 9577E  Neometals Ltd  20 September 2024

 

20 September 2024

Neometals Ltd

("Neometals" or "the Company")

Date of Annual General Meeting and Closing Date for Director Election
Nominations

Sustainable process technology developer, Neometals Ltd (ASX & AIM:
NMT) ("Neometals" or "the Company"), advises that the Annual General Meeting
("AGM") of the Company will be held on Friday, 22 November 2024.

Details of how shareholders can access and participate in the AGM will be
released with the Notice of Annual General Meeting.

An item of business at the AGM will be the election of Directors. In
accordance with rule 8.1(k) of the Company's Constitution, the closing date
for receipt of nominations for the election of Directors is 5.00 pm (Perth
time) Monday, 30 September 2024.

Authorised on behalf of Neometals by Chris Kelsall, Company Secretary.

 

ENDS

 

For more information, please contact:

 

 Neometals Ltd
 Chris Reed, Managing Director & Chief Executive Officer       +61 8 9322 1182
 Chris Kelsall, CFO & Company Secretary                        +61 8 9322 1182

 Cavendish Capital Markets Ltd - NOMAD & Broker
 Neil McDonald                                                +44 (0)131 220 9771
 Peter Lynch                                                  +44 (0)131 220 9772
 Adam Rae                                                     +44 (0)131 220 9778

About Neometals

Neometals facilitates sustainable critical material supply chains and reduces
the environmental burden of traditional mining in the global transition to a
circular economy.

The Company is commercialising a portfolio of sustainable processing solutions
that recycle and recover critical materials from high-value waste streams.

·      Neometals' core focus is its patented, Lithium-ion Battery
("LiB") Recycling technology (50% NMT), being commercialised in a 50:50
incorporated JV (Primobius GmbH) with 150-year-old German plant builder, SMS
group GmbH. Primobius is supplying Mercedes-Benz a 2,500tpa recycling plant
and operates its own LiB Disposal Service in Germany. Primobius' first
21,000tpa commercial plant will be offered to Stelco under an existing
technology licence for North America.

Neometals is developing two advanced battery materials technologies for
commercialisation under low-risk, low-capex technology licensing business
models:

·      Lithium Chemicals (70% NMT) - Patented ELi™ electrolysis
process, co-owned 30% by Mineral Resources Ltd, to produce battery quality
lithium hydroxide from brine and/or hard-rock feedstocks at lowest quartile
operating costs. Pilot scale test work and Engineering Cost Study update
planned for completion in DecQ 2024; and

 

·      Vanadium Recovery (100% NMT) - Patent pending hydrometallurgical
process to produce high-purity vanadium pentoxide from steelmaking by-product
("Slag") at lowest-quartile operating cost and carbon footprint.

 

For further information, visit: www.neometals.com.au
(https://www.neometals.com.au/) .

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