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NEOMETALS lithium titanium vanadium

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Neometals

mailchi.mp/neometals/mou-for-lithium-...

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.
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