Neometals' pilot produces first cobalt sulphate
ASX-listed Neometals on Friday announced the successful recovery of high purity cobalt sulphate from the hydrometallurgical processing stage of its recycling technology. Neometals MD Chris Reed told shareholders that the first high purity cobalt sulphate production represented the most significant technical milestone in what has been a very comprehensive pilot campaign to deliver the most robust, ecofriendly recycling solution to the LIB supply chain. "Our strategy of disciplined evaluation with business model flexibility has attracted a multibillion-dollar equipment manufacturer to consider a 50:50 joint venture to fast-track commercialisation."
Neometals signs joint venture deal with German group to commercialise lithium-ion battery recycling technology
Perth-based lithium company Neometals has executed a binding memorandum of understanding agreement with Germany's SMS Group GmbH to jointly fund and evaluate the next stage of development work on its proprietary lithium-ion battery recycling technology. Privately-owned SMS - established more than 140 years ago - has a global footprint and is known for its capabilities in design, construction and operation of metallurgical plant and machinery for industrial processing. It has been granted an exclusive due diligence period to evaluate the results of Neometals' pilot battery recycling trial in Canada. If successful, the parties propose to form a 50:50 incorporated joint venture to commercialise the technology.
Neometals sets path for Barrambie development
Neometals has joined forces with a Chinese research organisation to advance development of its Barrambie titanium-vanadium project in Western Australia, using a similar approach that it took at the Mt Marion lithium project. The company has struck a memorandum of understanding (MOU) with the Institute of Multipurpose Utilisation of Mineral Resources Chinese Academy of Geological Sciences (IMUMR). Neometals stated the MOU had the potential to reduce its development costs considerably.
Neometals scores high-grade nickel at Mt Edwards
ASX-listed Neometals has intersected massive nickel sulphides at its Mt Edwards project in the Goldfields region of Western Australia with drilling returning a cracking intersection of 4m @ 6.3% nickel within a broader 11m @ 2.6% nickel from 108m down-hole at the Zabel prospect.
Refinery Wheels In Motion
A hotly anticipated proposal for a lithium refinery in Kalgoorlie-Boulder is quietly moving forward as backers seek out ways to improve the project's viability.
Neometals Eyes Battery Recycling
Perth-based Neometals has been developing a proprietary process to recover 90 per cent of all battery materials from spent and scrap lithium-ion batteries, including cobalt, lithium, nickel, copper, iron and manganese.
India And Australia Strike Their First Lithium Deal To Meet Future Demand For Electric Car Batteries
India and Australia are joining together in a deal which could see Australian lithium used in the first Indian refinery to produce battery grade material for electric cars. Neometals, an Australian company with an interest in the Mt Marion lithium mine near Kalgoorlie in Western Australia, has teamed up with Manikaran Power to jointly fund a study into the refinery.
Neometals Vanadium Revival
Aussie company Neometals is building a battery recycling plant...in Canada
Yesterday, Perth-based battery tech company Neometals fired up its lithium-ion battery recycling pilot plant in Canada. Neometals says it has developed a profitable process that recovers 90 per cent of all raw battery materials, like cobalt, manganese, nickel and lithium from used batteries. These are end-of-life or faulty batteries that would otherwise find their way into landfill or inefficient base metal recovery circuits, Neometals says.
Australia's Neometals Approaching Lithium-Ion Battery Cell Recycling Goal
Australia's Neometals Ltd has announced the successful commissioning of stage 1 of its lithium-ion battery recycling pilot plant. Stage 1 consists of a feed preparation process, which the company says safely and efficiently shreds end-of-life lithium ion batteries at a commercial scale. An interesting aspect is some of these batteries still carry charge. Shredding lithium batteries is accompanied by a risk of combustion occurring, but obviously that threat has been overcome.