Neometals

Website: neometals.com.au
Primary ticker: ASX:NMT, RDRUY
Stage of development: Exploration, Development
Primary minerals: Lithium chemicals, Titanium, Vanadium, Nickel Battery Recycling
Project to promote: Lithium ion battery recycling

Live financials

Neometals innovatively develops opportunities in minerals and advanced materials essential for a sustainable future. The strategy focuses on de-risking and developing long life projects with strong partners and integrating down the value chain to increase margins and return value to shareholders. Neometals has three core projects:
• Lithium-ion Battery Recycling
• Barrambie Titanium and Vanadium Project
• Lithium Refinery Project
Neometals also has a nickel and lithium exploration portfolio and suite of longer-term processing related project opportunities.

Management Profile

Chris Reed, Managing Director
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, GM Commercial & IR

Jeremy has 20+ years’ experience in the resources and technology materials sectors. Prior to Neometals, Jeremy was held commercial, corporate finance and funding advisory roles in the investment banking and accounting sectors. Having attained MBA and postgraduate qualifications in applied finance and corporate governance, Jeremy is well versed in strategy management, technology commercialisation, capital markets and IP management.


What is your rationale for attending 121 Mining Investment?

To raise awareness about the business and meet potential stakeholders


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

Continued successful achievement of lithium battery recycling pilot milestones
Partnership with German Company, SMS Group, on the battery recycling project
Encouraging nickel exploration results at the Mt Edwards project
Development advances with the Barrambie titanium and vanadium project and the lithium hydroxide project


What are your key goals for the next 3, 6 and 12 months?

3 Months:
Joint venture with SMS Group for European demonstration plant and commercial roll-out of recycling facilities
Validation of strategy and technologies via independent third party endorsement / support
Remove the gap on market capitalisation discrepancy with cash backing
Positive results from various feasibility programs underway

6 Months:
Progress towards major project stage gate hurdles for the various projects
Advanced showcase recycling demonstration facility in Europe
Offtake arrangements for chemicals produced at recycling demonstration facility
Positive results from various feasibility programs underway
Validation of strategy and technologies via independent third party endorsement / support

12 Months:


What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Market capitalisation discrepancy with underlying value of mature development projects
Market volatility associated with macro economic backdrop
Risk of delays that all projects face


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

Integrated and diversified exposure to energy storage megatrend
Sustainable investment opportunity
Track record of project and partnership execution success
Strong balance sheet to pursue growth opportunities
Consistent strategic approach
Advanced projects approaching JV decisions with partners
Trading below cash backing despite project maturity and future validation catalysts