Neometals Ltd rewarded with lithium resource upgrade ahead of first shipment
The resource upgrade represents another completed milestone on the lithium project’s path to production.
Company
Neometals Ltd
ASX:NMT
Neometals Ltd is leveraging its proprietary, green process technologies to generate battery materials projects with unparalleled exposure to commodities most impacted by the energy storage megatrend. The company builds value, de-risks and develops these long-life projects with strong partners having a strategic focus on increasing margins through integration down the value chain. Neometals has a growing suite of sustainable downstream, recovery and recycling projects, supporting the global transition to more circular supply chains and cleaner energy.
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Neometals Ltd achieves milestone for development of lithium chemical plant
A lithium plant that sources input from Mt Marion also will give Neometals a greater exposure to the battery-grade lithium market.
Neometals Ltd receives Buy recommendation, $0.59 price target
Neometals has received a Buy recommendation and $0.59/sh price target from Euroz. Shares in the company last traded at $0.37.
Neometals Ltd declares $0.02 unfranked dividend
The declaration of the dividend is consistent with the company’s commitment to share cash considered surplus to prudential requirements with shareholders via a disciplined capital management program.
Neometals Ltd shows lithium hydroxide potential from patented ELiTM Process
Chris Reed, MD, commented: “We are pleased to have completed another step towards commercialising our patented ELi process and building a globally competitive, high purity battery grade lithium compound facility.”
Neometals Ltd expands lithium offtake arrangement ahead of production
Initial offtake partner Ganfeng has agreed to further expand the scope of the offtake arrangements for lithium spodumene concentrate grading 4-6% Li2O from 80,000 tonnes per annum to 200,000 tonnes per annum of spodumene concentrate.
Neometals Ltd JV eyes first production at Mt Marion Lithium Project
Neometals, Mineral Resources and Ganfeng Lithium Co. continue their strategic resource expansion drill program at the Mt Marion Lithium project. A resource update is planned for the June quarter, with ore reserve estimates due in the Septem
Neometals Ltd Melbourne/Sydney Investor Luncheon Presentation
Neometals Ltd Melbourne/Sydney Investor Luncheon Presentation
Neometals Ltd's Chris Reed brings lithium to Spotlight CEO Sessions
Neometals MD Chris Reed will bring near-term lithium production to Proactive's Spotlight CEO Sessions in Melbourne 12th April, and Sydney 13th April. Seats almost full, don't miss out!
Neometals to return capital to shareholders, share buy-back
Neometals is expected to hold cash reserves of between A$66 million and A$68 million by March-end to effect a capital management strategy - and with no debt would be the envy of many a near term mineral producer.