NMT - Neometals Limited

Now comes the difficult part for the battery recycling plant, proving the continuous separation process, is effective.

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sptrawler said:

Now comes the difficult part for the battery recycling plant, proving the continuous separation process, is effective.

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It will be be interesting. I'm assuming they have been successful on a small scale (otherwise you wouldn't go further would you ?) . Always exciting to see if a promising small scale process can work on a commercial basis. And the opportunity to effectively recycle and reuse the millions of batteries current going as scrap is big.

The punters are excited. The SP has jumped 8% on the announcement

BATTERY RECYCLING DEMONSTRATION PLANT – STAGE 2 COMMISSIONING COMMENCES HIGHLIGHTS

• Primobius commences wet commissioning of Stage 2 hydrometallugicalrefinery;

• Stage 2 takes black mass and uses solvent extraction to recover active cathode materials (lithium, nickel, cobalt, and manganese) as individual high-purity chemicals for re-use in the production of new lithium-ion batteries; and

• Demonstration trials scheduled to commence in October and conclude in November.

NMT Presentation on the Lithium Battery recycling project.
Highlights how cost effective and CO2 effective the battery recycling project will be.

Market certainly chasing NMT . I think the last couple of announcements have strengthened investor confidence in how valuable and timely their high tech recycling projects will be.

They also seem to be progressing very smartly with turning the ideas into practice which improves confidence in making a dollar on the projects. Up another 11% to an all time high.

The battery recycling demonstration plant is fully commissioned and will start processing batteries in Europe next month.

Another development in NMT's portfolio of green energy developments. SP has kicked along a bit as well.

CO-OPERATION AGREEMENT WITH BONDALTI TO COMMERCIALISE SUSTAINABLE ELi® LITHIUM PROCESS HIGHLIGHTS

• Reed Advanced Materials Pty Ltd (“RAM”) (Neometals 70% and Mineral Resources Ltd 30%) has agreed terms with Bondalti Chemicals, S.A. to evaluate commercialisation of its ELi® lithium processin Europe;

• The proposed 25,000tpa lithium refinery in Portugal will be the first ELi® deployment to produce battery quality lithium hydroxide and lithium carbonate;

• ELi® replaces conventional, carbon-intensive chemical conversion of lithium chloride solutions with electrolysis to produce lithium chemicals, potentially utilising renewable energy;

• Bondalti and RAM will co-fund construction and operation of a pilot plant at Estarreja and complete evaluation studies over 18 months at a shared cost of US$4 million; and

• The pilot plant, and proposed commercial refinery, will be integrated withBondalti’s existing chlor-alkali operations, which share significant processing commonalities with the ELi® proces

ELi Process - EU Project Presentation

NMT have commissioned their first ten ton per day lithium battery recycling plant. The next iteration planned for 2022 will be 50 TPD.

FIRST COMMERCIAL BATTERY RECYCLING PLANT COMMISSIONED HIGHLIGHTS
• Primobius has successfully commissioned its commercial 10tpd Shredding Plant enabling it to commence commercial operations in Q1 2022, subject to board approvals;

• Federal environmental permitimminent and battery feed supply arrangements advancing;

• Primobius’ strategy is to secure market share by focussing on potential partners and customers with direct access to large volumes of production scrap and end-of-life feedstocks; and

• Class 3 Engineering Cost Studies on the larger 50tpd Stage 1 – Shredding and Stage 2 – Hydrometallurgicalrefinery plantswill be completed by the end of January and June respectively.

Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to announce the material progress made by Primobius GmbH (“Primobius”), the joint venture (“JV”) company owned 50:50 by Neometals and SMS group GmbH (“SMS group”), with its strategy to fast-track commercial operations in Hilchenbach Germany. Primobius has successfully commissioned the newly expanded shredding and beneficiation circuit of its demonstration plant. This enables the commencement of a 10tpd battery disposal recycling service in Q1 2022 (“10tpd Shredding Plant”). Primobius is continuing its operational readiness activities ahead of the receipt of its Federal environmental (emissions) licence and commercial battery disposal agreements to ensure feed supply for the operation.

Battery Recycling - First Commercial Plant Commissioned

Moving right along. NMT have some high value projects on the go.

BARRAMBIE PILOT PLANT AND OFFTAKE UPDATE HIGHLIGHTS

• 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 with the majority going to titanium slag producer Jiuxing for commercial scale trials as part of their offtake evaluation process;

• Pre-feasibility studies are on schedule for completion in Q1 2022; and

• Jiuxing commercial smelting trials scheduled for completion Q2 2022 to advance negotiations for formal offtake agreements which are a prerequisite for any future investment decision.

Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to provide an update on its 100% owned Barrambie Titanium and Vanadium Project (“Barrambie”). The Company, in conjunction with its consultants Allied Mineral Laboratories, Primero Group and Roxbury Trading Pty Ltd have successfully commissioned a gravity beneficiation plant at Menzies in Western Australia to generate bulk concentrate samples for evaluation by potential Chinese offtake counterparties. Neometals has a memorandum of understanding with Jiuxing Titanium Materials (Liaonging) Co. Ltd (“Jiuxing MoU”) (“Jiuxing”) (for full details refer to ASX announcement entitled “Barrambie - MOU for Cornerstone Concentrate Offtake” released on 16thApril 2021).

The Jiuxing MoU outlines the technical and commercialpathway to a formal, binding take-or-pay offtake agreement, with Neometals supplying approximately 100 tonnes of mixed gravity concentrate for evaluation trials using Jiuxing’s commercial titanium smelter(“Offtake Trials”). TheOfftake Trials represent the final stage of Jiuxing Barrambie offtake due diligence.

Neometals excavated throughcostean mineralization to enable the production ofapproximately150tonnesof mixed gravity concentrate bulk sample for Jiuxing and other potential offtakers. Contract crushing and grinding of the mined material is largely complete, and the gravity (spirals) circuit has been commissioned. The bulk gravity concentratessample is expected to be dispatched to China prior to the end of Q1 2022

BIG deal announced today. An excellent partner to provide feedstock for the battery recycling plant. The whole announcement is well worth reading.
SP has responded strongly.

PRIMOBIUS TO ENTER NORTH AMERICA WITH STELCO FOR RECYCLING OF ELECTRIC VEHICLE BATTERIES HIGHLIGHTS

• Primobius executes agreements to commercialise its recycling technology into North America, the fastest growing lithium battery production region, with leading Canadian steelmaker StelcoHoldingsInc. (TSX: STLC);

• Stelco plans to secure large volumes of end-of-life vehicles to source scrap steel feedstocks and recycle lithium-ion batteries in a proposed 50tpd integrated operation at its Lake Erie Works;

• Primobius will licence a Stelco battery recycling special purpose vehicle and hold an option to acquire between 25% and 50% equity by contributing its pro-rata share of sunk evaluation and development costs; and

• Allows Stelco to focus on feedstock and approval activities and Primobius on its demonstration trials, engineering studies and 10tpd commercial disposal operation in Hilchenbach, Germany

basilio said:

BIG deal announced today. An excellent partner to provide feedstock for the battery recycling plant. The whole announcement is well worth reading.
SP has responded strongly.

PRIMOBIUS TO ENTER NORTH AMERICA WITH STELCO FOR RECYCLING OF ELECTRIC VEHICLE BATTERIES HIGHLIGHTS

• Primobius executes agreements to commercialise its recycling technology into North America, the fastest growing lithium battery production region, with leading Canadian steelmaker StelcoHoldingsInc. (TSX: STLC);

• Stelco plans to secure large volumes of end-of-life vehicles to source scrap steel feedstocks and recycle lithium-ion batteries in a proposed 50tpd integrated operation at its Lake Erie Works;

• Primobius will licence a Stelco battery recycling special purpose vehicle and hold an option to acquire between 25% and 50% equity by contributing its pro-rata share of sunk evaluation and development costs; and

• Allows Stelco to focus on feedstock and approval activities and Primobius on its demonstration trials, engineering studies and 10tpd commercial disposal operation in Hilchenbach, Germany

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I am very happy with this announcement. Always good to have an insider for the North American market. It is so protected.
5 bagger now!

Backing NMT for the CY 22 comp. So many projects working so well, I think '22 will see significant moves to full commercialization of at least 3 of the endeavours.

NMT’s key imho is top notch management with a proactive approach to developing the company without screwing shareholders! I’m in for the long run. Already a 7 bagger for me with lots more to go. Happy and safe 2022 for all fellow investors!

Powerful start to the New Year from NMT . Up 22c/15% to date to $1.64

NMT was still under $1 just before Christmas (Dec 23rd) . That's some jump in a handful of trading days

Good day today Basilio. Will improve more with UK listing and more Super Funds realising this is a top notch Green tech investment! Good luck in 2022!

NMT having a bit of a cash burn, they don't seem to be receiving much income from their battery recycling plant, considering it is now operational. They don't actually seem to be receiving much income at all, unless I'm reading the cash flow report wrong.

Another BIG announcement today and a subsequent rocket to the SP.

MERCEDES-BENZ PRESS RELEASE REGARDING BATTERY RECYCLING WITH PRIMOBIUS HIGHLIGHTS

• Neometals notes the press release made today by Mercedes-Benz AG (“Mercedes-Benz”), regarding its global strategy for recycling automotive battery systems, which includes a recycling plant at its Kuppenheim operations in Southern Germany;

• Mercedes-Benz has announced that its subsidiary LICULAR GmbH (“LICULAR”) plans to cooperate with Neometals’ battery recycling JV, Primobius, as its technology partner, for the design and construction of the proposed recycling plant;

• Primobius is in advanced discussions with Mercedes-Benz regarding the design and construction of a 2,500 tpa lithium-ion battery recycling plant for LICULAR’s facilities; and

• Neometals looks forward to Primobius’ continuing collaboration with Mercedes-Benz and will keep the market informed of developments

Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), notes the press release made today by Mercedes-Benz AG(“Mercedes-Benz”)(“Mercedes Release”). Mercedes-Benz has advised that its wholly owned subsidiary LICULAR GmbH (“LICULAR”) plans to cooperate with Primobius GmbH (“Primobius”), the incorporated joint venture company owned 50:50 by Neometals and SMS group GmbH (“SMS”), as part of Mercedes-Benz’s push to develop a holistic and sustainable recycling approach for lithium-ion batteries.

Mercedes-Benz has today announced that Primobius is its preferred technology partner for the conceptual design and construction of a planned battery recycling and waste disposal recycling plant at Mercedes Benz’s Kuppenheim Operations in Southern Germany. The proposed recycling plant at Kuppenheim marks Mercedes-Benz’s first entry into the field of battery recycling. As set out in the Mercedes Release and based on preparatory work carried out by Primobius and LICULAR, Neometals expects the recycling plant will have a nominal capacity of 2,500 tonnes per annum (up to 10 tonnes per day) and will be built in two stages with the first stage (mechanical dismantling) commencing production in 2023.

Neometals confirms that Primobius is finalising discussions with Mercedes-Benz regarding the planned cooperation set out in the Mercedes Release. The formal agreements relating to the cooperation agreement are expected to be signed between Primobius and LICULAR, following negotiations under an earlier informal non-binding memorandum of understanding between the parties. Neometals is pleased with how the discussions are progressing and notes that Mercedes-Benz has publicly made its intentions known in advance of the parties executing binding legal agreements. Neometals looks forward to Primobius continuing its negotiations with Mercedes-Benz and providing further updates on the cooperation with LICULAR.

Primobius to partner with Mercedes-Benz

Good news, but NMT has had a very good run in the last 12 months and is looking toppy. Needs to smash through $1.70 and stay there.

NMT posted a European investor presentation which outlined the status of its major projects.
Three of the four projects are close to final major investment decisions. 2022 should see concrete startsin these ventures.
See page 36 of presentation

The 10 TPD LiOn battery recyling plant will be operational in first half 2022.
Investor Presentation (PDF 9,429.4 KB)

Quarterly cashflow statement.

My pick for the month.
It has been very stable through the downturn suggesting accumulation. Maybe there will be more good news this month?