Appointment of Joint Company Secretary
Care Cap. Prop. Dl-,01
€23.20
19:59 22/03/17
Neometals Ltd
("Neometals" or "the Company")
Appointment of Joint Company Secretary
The Directors of innovative project development company Neometals Ltd (ASX: NMT / AIM: NMT) ("Neometals" or "the Company") are pleased to announce the appointment of Ms Rachel Rees as Joint Company Secretary. Ms Rees' has been appointed for approximately 4 months whilst the Chief Financial Officer / Company Secretary Mr Jason Carone takes long service leave. Ms Rees brings to Neometals over 25 years' experience as a Chief Financial Officer, Company Secretary and Non-Executive Director for both ASX and TSX listed companies across diverse industries.
ENDS
For more information, please contact:
Neometals Ltd | |
Chris Reed, Chief Executive Officer | +61 8 9322 1182 |
Jeremy McManus | +61 8 9322 1182 |
Cenkos Securities plc - NOMAD & Broker | |
Neil McDonald | +44 (0)131 220 9771 |
Peter Lynch | +44 (0)131 220 9772 |
Adam Rae | +44 (0)131 220 9778 |
Camarco PR | + 44(0) 20 3 757 4980 |
Gordon Poole | |
James Crothers | |
Charlotte Hollinshead |
About Neometals
Neometals innovatively develops opportunities in minerals and advanced materials essential for a sustainable future. We leverage our proprietary, green process technologies to generate battery materials projects with unparalleled exposure to commodities most impacted by the energy storage megatrend.
We build value, de-risk and develop these long-life projects with strong partners having a strategic focus on increasing margins through integration down the value chain. We have a growing suite of sustainable downstream, recovery and recycling projects, supporting the global transition to more circular supply chains and cleaner energy.
Our core projects are:
Downstream Materials Processing:
· Lithium-ion Battery Recycling -commercialising a proprietary process for recovering nickel, cobalt and other valuable materials from spent and scrap lithium-ion batteries through a 50:50 incorporated JV with SMS group called Primobius GmbH. Primobius is targeting commencement of a 10tpd principal German commercial shredding operation during H1 2022. Development decision on larger 50tpd LIB Recycling plants in H2 2022;
· Vanadium Recovery - sole funding evaluation studies for a 50:50 joint venture with Critical Metals Ltd to recover high-purity vanadium pentoxide from processing steelmaking by-products ("Slag") from leading Scandinavian steelmaker SSAB. Underpinned by a 10-year Slag supply agreement, Neometals is targeting an investment decision to develop a commercial-scale processing plant in Dec 2022; and
· Lithium Chemicals - commercialising a proprietary process ("ELi®") to produce lithium hydroxide from lithium solutions (lithium chloride) using electrolysis to avoid costly and carbon intensive reagents used in traditional chemical conversion. Technology 70:30% owned by Neometals and Mineral Resources Limited. Bondalti Chemicals S.A is co-funding and piloting the process in Portugal as part of potential 50:50 JV in European Union.
Upstream Mineral Extraction:
· Barrambie Titanium and Vanadium Project - one of the world's highest-grade hard-rock titanium-vanadium deposits. Working towards a development decision in Dec 2022 with potential operating JV partner IMUMR and potential cornerstone product off-taker, Jiuxing Titanium Materials Co.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.