Neometals

Website: www.neometals.com.au
Primary ticker: ASX:NMT
Stage of development: Exploration, Production, Development
Primary minerals: Lithium, Vanadium, Titanium
Project to promote: Mt Marion, Barrambie, Kalgoorlie Lithium Refinery, Lithium Ion Battery Recycling

Live financials

Neometals Limited is a developer of industrial minerals and advanced materials projects. Neometals has two key divisions – a fully integrated Lithium business and a Titanium-Vanadium development business. Both are supported by proprietary technologies that assist downstream integration through revenue enhancement and cost efficiencies.
Neometals owns a 13.8% stake in the Mt Marion lithium mine near Kalgoorlie, which operates one of the world’s biggest lithium concentrators. Neometals holds an offtake option, which forms the backbone to its fully-integrated lithium business aspirations which include a Lithium Hydroxide Refinery and Lithium-ion Battery Recycling process. The 100%-owned Barrambie Titanium-Vanadium Project in WA’s Mid-West is one of the world’s largest vanadium and highest-grade hard-rock titanium-vanadium deposits.

Management Profile

Chris Reed – Managing Director/CEO

Chris started in the mining industry in 1990 and co-founded Reed Resources in 2001. Chris holds a Bachelor of Commerce from the University of Notre Dame and a Graduate Certificate in Mineral Economics from WA School of Mines. He is a Member of the AusIMM and immediate past Vice-President of the Association of Mining & Exploration Companies.
Jeremy McManus:
Jeremy has nearly 20 years experience in the resources and technology minerals sectors.
Prior to Neometals, Jeremy was the Commercial Manager for advanced materials company Talga Resources.
Holding a MBA and postgraduate qualifications in applied finance and corporate governance, Jeremy is versed in strategy management, technology commercialisation, capital markets and IP management.


What is your rationale for attending 121 Mining Investment?

Neometals is approaching mid 2019 development decisions on 3 key projects. The Company aims to expand its existing ‘passive’ spodumene mining/processing income stream to include an additional three ‘active’ income streams from the Barrambie vanadium/titanium project, battery recycling and production of lithium hydroxide chemical. The purpose for attending the event is to continue raising awareness about our developments, particularly the upcoming demerger of the advanced Barrambie project


What recent news would you like to highlight to investors attending?

August 2018 – Neometals to demerge Barrambie titanium / vanadium project
September 2018 – Neometals produces zeolites from lithium leach residue
September 2018 – Neometals strengthens Board ahead of demerger (Dr Jennifer Purdie and Mr Les Guthrie join as non-executive directors)
October 2018 – Receipt of $6.21 million Mt Marion maiden profit distribution


In a sentence, what do you think makes your company such a compelling investment?

Neometals is well funded, diversified and vertically integrated and has a track record of delivering projects across globally relevant sectors, pursuing downstream growth and returning money to shareholders