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.
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