Nov 8, 2019
Battery Recycling - Outstanding Pilot Plant Results
Independent pilot test-work generates high purity (+99%) cobalt sulphate product at high recovery rate (+98%).continue reading
Project economics strongly driven by cobalt, recoveries to date exceed scoping study assumptions.
Pilot test-work advancing well with copper, cobalt and manganese recovery complete – nickel and lithium to commence imminently with substantive completion in December 2019.
Successful pilot results are the key milestone for 50:50 JV formation with German conglomerate, SMS Group.
Joint preparations underway for European demonstration plant and engineering cost study.
Oct 21, 2019
Video interview on battery recycling MoU
Oct 17, 2019
MOU for Lithium Battery Recycling JV with SMS Group
MoU with leading global processing plant manufacturer, SMS Group,to form a JV to accelerate commercialisation of Neometals' lithium-ion battery recycling technology.
Successful completion of current pilot plant program will precede a decision to form a 50:50 JV to design and construct a Demonstration Plant and complete a Class 3 Engineering Cost Study.
Demonstration Plant to be operated in a hub and spoke configuration with Comminution and Beneficiation at SMS sites in Germany and the Hydrometallurgical Plant in Austria. All costs to be borne equally.
MoU contemplates SMS Group constructing and operating multiple commercial scale lithium-ion battery recycling plants on behalf of JV.
Agreement represents significant commercial validation of the Neometals recycling technology.continue reading
Jun 4, 2019
Lithium Battery Recycling - Scoping Study Results
Scoping Study supports robust economic outcomes for Neometals’ battery recycling process.
Process recovers cobalt, nickel, copper and lithium as high‐purity sulphate products, with estimated operating cost of less than US$7/lb (US$15/kg) of contained cobalt as cobalt sulphate, before by‐product credits.
Provisional patents pending in Australia and Europe.
Pilot test work in Canada on schedule and will be followed by planned Class 3 Engineering and Feasibility Studies.continue reading
Feb 12, 2019
Neometals Commences Lithium Battery Recycling Pilot Plant
SGS Lakefield awarded contract to construct and operate Neometals' battery recycling pilot in Canada.
Neometals' battery shredding plant successfully commissioned and approximately 2 tonnes of used batteries prepared for leaching stage.
SGS has purpose-built facilities and world-class hydrometallurgical processing expertise.
Pilot will produce samples of high purity battery materials for market qualification testing.
Pilot operation to provide showcase for customers and precedes front-end engineering studies.continue reading
Jun 20, 2017
US Provisional Patents lodged for Lithium Battery Recycling
Three US provisional patent applications lodged in relation to the previously announced battery recycling process.
Pilot plant under construction at Company’s laboratory facility in Canada.continue reading
May 7, 2017
Lithium Battery Recycling - Pilot Plant
Neometals to invest in pilot plant at its facilities in Montreal, Canada and conduct continuous test work to recover Cobalt, using its proprietary process, from Lithium Ion Batteries typically used in Electric/Hybrid Vehicles.
Scoping Study estimated operating cost of US$4.45/lb contained Cobalt vs LME Spot/3 month/15 month Prices of ~US$24.50/lb.
Commenced discussions with potential partners around various commercialisation models.continue reading