Neometals

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

Live financials

Neometals Ltd is a project developer and supplier of strategic materials, with a specific focus on targeting higher margins from downstream opportunities. The Company has three core projects:

Barrambie Titanium and Vanadium Project
Lithium-ion Battery Recycling
Kalgoorlie Lithium Refinery Project

Neometals’ 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.

Management Profile

Chris Reed – 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.

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.

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

12 February 2019 – Neometals Commences Lithium Battery Recycling Pilot Plant
21 December 2019- Neometals agrees the sale of Mt Marion equity for $A104 million and retains offtake rights
16 November 2018 – Neometals Commences Update Of Barrambie DFS
5 September 2018 – Neometals produces Zeolites from Lithium leach residue

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.