Neometals Ltd Notice of Extraordinary General Meeting

RNS Number : 7486W

Neometals Ltd

17 July 2024

 

17 July 2024

Neometals Ltd

("Neometals" or "the Company")

Notice of Extraordinary General Meeting

Sustainable process technology developer, Neometals Ltd (ASX & AIM: NMT) ("Neometals" or "the Company"), will be holding an Extraordinary General Meeting (EGM) on Friday, 16 August 2024 at 10.00am (AWST) at the Quest Kings Park, 54 Kings Park Rd, Perth, Western Australia.

The Company is not sending hard copies of the Notice of Meeting to shareholders unless a shareholder has previously requested a hard copy. The Notice of Meeting can be viewed and downloaded from this website link: https://www.neometals.com.au/en/general-meetings/ or from the ASX Company Announcement Platform at asx.com.au. In order to vote by proxy, the Form of Proxy is to be used, which has been sent to shareholders. Please use the Form of Proxy in accordance with the instructions printed on it.  For the proxy to be valid, the proxy form must be received by the Company by 10.00am (AWST) on Wednesday 14 August 2024.

Authorised by the Board of Neometals.

 

-ENDS-

For more information, please contact:

 

Neometals Ltd
Chris Reed, Managing Director & Chief Executive Officer	[phone]
Jeremy McManus, General Manager - IP & IR	[phone]
Cavendish Capital Markets Ltd - NOMAD & Broker
Neil McDonald	[phone]
Peter Lynch	[phone]
Adam Rae	[phone]

 

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.

 

Additionally, Neometals is conducting due diligence on acquiring a proprietary process and pilot plant to produce precious metals from waste.

For further information visit www.neometals.com.au

 

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END

 

 

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