REG - Neometals Ltd - Result of Annual General Meeting

NeometalsAnnouncement

22/11/2024 09:15

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RNS Number : 3286N  Neometals Ltd  22 November 2024

22 November 2024

Neometals Ltd

("Neometals" or "the Company")

Results of Annual General Meeting

Innovative battery materials recycler, Neometals Ltd (ASX: NMT & AIM: NMT)
("Neometals" or "the Company"), is pleased to confirm that at its Annual
General Meeting held on Friday 22 November, all resolutions put to
shareholders were duly passed. Further details, including the number of votes
cast for each resolution and the percentage of votes cast 'For' and 'Against',
can be found at: www.neometals.com.au/en/investors/performance-and-news/
(https://wcsecure.weblink.com.au/pdf/NMT/02745263.pdf)

A copy of the AGM presentation can be found on the Company's website at
www.neometals.com.au/en/investors/performance-and-news/

Authorised on behalf of Neometals by Christopher 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. Successfully completed pilot scale test work and planning
further development with industrialisation partners under a technology
licensing business model; 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. Planning to
exploit under a technology licensing business model. Project financing process
for first commercial plant in progress.

 

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

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