Aankondiging • May 15
Neometals Ltd has completed a Follow-on Equity Offering in the amount of AUD 5.13661 million. Neometals Ltd has completed a Follow-on Equity Offering in the amount of AUD 5.13661 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 128,415,257
Price\Range: AUD 0.04
Transaction Features: Rights Offering Aankondiging • Apr 21
Neometals Ltd has completed a Follow-on Equity Offering in the amount of AUD 7.9 million. Neometals Ltd has completed a Follow-on Equity Offering in the amount of AUD 7.9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 71,875,000
Price\Range: AUD 0.04
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,625,000
Price\Range: AUD 0.04
Transaction Features: Subsequent Direct Listing Aankondiging • Apr 20
Neometals Ltd has filed a Follow-on Equity Offering in the amount of AUD 5.13661 million. Neometals Ltd has filed a Follow-on Equity Offering in the amount of AUD 5.13661 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 128,415,257
Price\Range: AUD 0.04
Transaction Features: Rights Offering Aankondiging • Oct 21
Neometals Ltd Announces Board Changes Neometals Ltd. announced the appointment of Gregory Evans to the Neometals Board (Board) as an Independent Non-Executive Director effective from 21 October 2025, subject to regulatory requirements. Mr. Evans has been appointed by the Board to fill a casual vacancy in accordance with the Company's Constitution and will formally stand for re-election at the upcoming 2025 Annual General Meeting (AGM). Mr. Evans is a senior executive and company director with over 25 years' experience in the energy, resources, and finance sectors. He is currently Non-Executive Chair of Yandal Resources Ltd. and an Independent Non-Executive Director of Macmahon Holdings Ltd. Previously a Corporate Finance Partner at KPMG Australia, Mr. Evans advised on corporate transactions and project financing, primarily in the resources industry. He holds a Bachelor of Commerce from Curtin University, a Diploma in Applied Finance, and is a Graduate of the Australian Institute of Company Directors (GAICD). In conjunction with this appointment and as part of the board's succession planning initiative, Neometals advises that Non-Executive Directors Douglas Ritchie and Dr Jennifer Purdie have indicated their intention to retire from office at the conclusion of the 2025 AGM. Doug was appointed on 14 April 2016, and Jenny on 27 September 2018. Both have provided significant strategic direction and strong governance oversight as Neometals has sought to advance its portfolio of sustainable processing technologies and exploration projects. Aankondiging • Sep 30
Neometals Ltd, Annual General Meeting, Nov 27, 2025 Neometals Ltd, Annual General Meeting, Nov 27, 2025. Aankondiging • Aug 08
SMS group GmbH entered into a binding term sheet to acquire remaining 50% stake in Primobius GmbH from Neometals Ltd (ASX:NMT) for €12 million. SMS group GmbH entered into a binding term sheet to acquire remaining 50% stake in Primobius GmbH from Neometals Ltd (ASX:NMT) for €12 million on August 7, 2025. A cash consideration of €5 million will be paid by SMS group GmbH. SMS group GmbH will pay an earnout/contingent payment of €7 million cash and will represent Neometals’ ongoing interest in that business will be in the form of the commercial compensation fee. The €7 million cash representing 2% of Primobius’ annual revenues determined for each fiscal year from July 1, 2025 to June 30, 2037. As part of consideration, €12 million is paid towards common equity of Primobius GmbH. Upon completion, SMS group GmbH will own 100% stake in Primobius GmbH and the Lithium-ion Battery (“LiB”) Recycling technology. In accordance with the binding term sheet, Neometals and SMS will use all reasonable endeavours to execute formal agreements by August 31, 2025 to give effect to the proposed transaction.
The transaction is subject to approval by regulatory board / committee and approval of offer by acquirer shareholders. The parties will work towards satisfying the conditions precedent to the transaction during Q3 2025. Aankondiging • Apr 11
Neometals Ltd Provides Update Regarding Its Evolving Strategic Direction and Recent Activity Relating to Gold Exploration and Development Neometals Ltd. provided the following update regarding its evolving strategic direction and recent activity relating to gold exploration and development. Strategic Context. Neometals has built a strong reputation in sustainable battery materials, particularly through its lithium-ion battery recycling and refining, and vanadium recovery projects. The Company remains committed to the commercialisation of its sustainable processing solutions for critical materials, primarily through licensing business models. Except as required by law, and only to the extent so required, directors, agents and employees of Neometals shall in no way be liable to any person or body for any loss, claim, demand, damages, costs or expenses of whatever nature arising in any way out of, or in connection with, the information contained in this announcement. Aankondiging • Dec 23
Neometals Announces the Proposed Cancellation of the Admission of its Ordinary Shares to Trading on AIM in Accordance with Rule 41 of the Aim Rules for Companies Neometals Ltd. announced the proposed cancellation of the admission of its Ordinary Shares ("shares") to trading on AIM (the "Cancellation" or "Delisting") in accordance with Rule 41 of the AIM Rules for Companies ("AIM Rules"). It is expected that Cancellation will occur on 3 February 2025. Following the Cancellation, the Company's shares will remain listed on the Australian Securities Exchange ("ASX"), which will continue as the primary trading venue for its equity securities. The Company is providing an opportunity for each Depositary Interest ("DI") holder to become a registered shareholder on the Australian share register. Reasons for the AIM Delisting: Following an extensive review, the Board has concluded that the Company's admission to trading on AIM is not delivering sufficient value for Shareholders. In reaching this conclusion, the Directors have considered the following key factors: The challenging conditions which have impacted the UK market since its admission to trading on AIM in 2022, which have made it challenging to raise capital in the UK. The low levels of liquidity and trading volumes in Neometals' shares on AIM, with shares represented by DIs accounting for less than 1% of Neometals' issued share capital. The cost of maintaining admission to trading on AIM, including professional fees, listing fees payable and incremental legal, auditing and insurance fees. The considerable amount of management time and regulatory burden associated with maintaining the Company's admission to trading on AIM, in addition to the ASX listing. It is the opinion of the Board that streamlining the Company share listings will not materially nor adversely impact existing Shareholders as they will still be able to trade on the ASX. Process for Cancellation: Rule 41 of the AIM Rules requires any AIM company that wishes the London Stock Exchange to cancel the admission of its shares to trading on AIM to notify shareholders and to separately inform the London Stock Exchange of its preferred cancellation date at least 20 clear business days prior to such date. Accordingly, the Company through its nominated adviser, Cavendish Capital Markets Ltd, has notified the London Stock Exchange of the Company's intention to cancel the Company's admission of the shares to trading on AIM and it is expected that the Cancellation will become effective at 7.00 a.m. on 3 February 2025. On the basis that the Company's shares will continue to be listed on ASX, which is an AIM Designated Market (as defined by the AIM Rules for Companies), the Company is not required to seek Shareholder approval for the Cancellation. Expected last day of dealings in the Ordinary Shares on AIM - 31 January 2025. Aankondiging • Nov 12
Neometals Ltd Announces Positive Results from Eli Pilot Trial Neometals Ltd. announced the results of the final electrolysis and crystallisation stages of the ELi™ Process Pilot trial. ELi™ is owned by Reed Advanced Materials Pty Ltd. ("RAM"), a 70:30 incorporated joint venture between Neometals Ltd. and Mineral Resources Ltd. Highlights: ELiTM has achieved the objectives of the pilot stage of its electrolysis technology readiness; The crystallisation trial produced high purity lithium hydroxide monohydrate crystals and will produce further samples for market evaluation; The electrolysis trial data supports the expected power consumption and membrane life assumptions, and hydrodynamic testing confirmed the equipment can be applied to commercial-scale operation; The final stages of the Pilot trial involved a 1,000-hour electrolysis test of a lithium chloride solution (South American brine source), purified with ELi™ technology and crystallisation of the lithium hydroxide product; The ELi™ Process potentially delivers users a step-change reduction in operating costs to convert lithium chloride brines to lithium hydroxide (or carbonate) with electrolysis, virtually eliminating bulk reagents. The technology uses electricity to convert lithium chloride solutions into lithium hydroxide in a conventional chlor-alkali cell, replacing the need for large volumes of bulk chemical reagents required in the industry-standard, chemical precipitation process. ELi™ has the potential to deliver users a step-change in operating costs[1] versus industry standard chemical precipitation. RAM completed a long-duration 1,000-hour electrolysis membrane durability test utilising a lithium chloride solution produced in the successful 2023 'purification' trial on brine sourced from South America[2]. The Trial tested the performance of the electrolysis cell membrane over a duration five times longer than historic tests and the results support current estimates of two major variable operating costs (power consumption and membrane life) and successfully produced lithium hydroxide monohydrate ("LHM") of very high purity. Aankondiging • Sep 20
Neometals Ltd, Annual General Meeting, Nov 22, 2024 Neometals Ltd, Annual General Meeting, Nov 22, 2024. Aankondiging • Aug 19
Neometals Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.533333 million. Neometals Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.533333 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,666,666
Price\Range: AUD 0.068
Transaction Features: Subsequent Direct Listing Aankondiging • Jul 11
Neometals Ltd Announces Appointment of Chris Kelsall as Company Secretary Neometals Ltd. advised that the recently appointed Chief Financial Officer, Chris Kelsall (see ASX announcement dated 3 June 2024), has also been appointed Company Secretary to replace the departing Jason Carone. Aankondiging • Jun 27
Neometals Ltd Announces Resignation of Natalia Streltsova as Non-Executive Director, Effective 30 June 2024 Neometals Ltd. announced that Dr. Natalia Streltsova has resigned as a Non-Executive Director of the Company effective 30 June 2024. Aankondiging • May 29
Neometals Ltd Strengthens Senior Management Team Neometals Ltd. advised of two new appointments to the Company's senior management team, both are highly experienced and bring new capability and leadership to the Company. Dr Jennifer Purdie, an existing non-executive director, has been appointed an executive director and will assume the responsibility of 'Chief Operating Officer'. Dr Purdie will support Neometals 3 days per week for an initial term of 6 months and focus on Primobius as it ramps up construction, commissioning and commercial activities. Dr Purdie, an MBA and PHD qualified chemical and materials engineer, has more than 30 years of global management and leadership experience spanning operational, business improvement and corporate roles in the mining, energy, heavy manufacturing, and infrastructure sectors. Dr Purdie has held key senior leadership positions with Adani Renewables, Rio Tinto, Alcoa and BHP with her last role seeing her managing BHP's Olympic Dam as Asset President. Dr Purdie's addition as a member of the Neometals executive team will provide much valued experience in project execution and delivery. Mr. Cathal Smith (LLB, LLM & MBA (AGSM)) has commenced as Company General Counsel. Mr. Smith has extensive local and international experience advising corporates on a wide range of projects and operations in both legal and commercial roles. He is highly proficient in providing strategic advice, effective problem solving and managing complex transactions to achieve successful outcomes. Aankondiging • Feb 13
Neometals Ltd Announces Spargos Exploration Update Neometals Ltd. announced that its review of the lithium exploration potential over its 100% owned Spargos Project ("Spargos") indicates a low potential for lithium-bearing pegmatites. Re-sampling and assaying of historical nickel exploration diamond drill core and assaying of recently collected rock chip and soil samples has returned no significant lithium assay results. Exploration results were as follows: 11 of 12 historic ESGB diamond drill cores were re-sampled with no significant lithium assay results returned; Upon review of the reprocessed imagery, assay results and whole rock geochemistry, Neometals has concluded that the ESGB has a low chance for Lithium-Caesium-Tantalum ("LCT") pegmatite prospectivity. Upon review of the reprocessing imagery, poor Li2O assay results and whole rock geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk samples - size & method of treatment; metall surgical test results; bulk samples - sizes and method of treatment; bulk samples- size and method of treatment; bulk sample samples - size and methods; bulk samples - size and methods; and bulk samples - size and methodof treatment; metallurgical test Results; bulk samples - size and procedure results; bulk samples - size of treatment; bulk samples - size and process results; bulk samples - size. A quantitative and qualitative logging suite was supplied to NMT at the acquisition of the tenement in 2021. Historical data (drill data prior to NMT) Historical chip sampling methods include single metre riffle split and 4m composites that were either scoop or spear sampled. Historical data (drill Data prior to NMT) All historical samples are assumed to have been prepared and assayed by industry standard techniques and methods. Historical data (drilldata prior to NMT) Data entry, verification and storage protocols remain unknown for historical operators. Location of data points - Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. MGA94_51 is the grid system used in this program. Historical data (drill information prior to NMT) Historical collars are recorded as being picked up by DGPS, GPS or unknown methods and utilised the MGA94 zone 51 coordinate system. Historic reports indicate the Spectrum Surveys Pty Ltd. in Kalgoorlie were utilised during the project history. Historical downhole surveys were completed by north seeking gyro, Eastman single shot and multi shot downhole camera. Historical data (drillData prior to NMT) Sample security measures are unknown. Other substantive exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk sample samples - size & method oftreatment; metallurgical test results. Aankondiging • Nov 22
Neometals Ltd has filed a Follow-on Equity Offering in the amount of AUD 13.141064 million. Neometals Ltd has filed a Follow-on Equity Offering in the amount of AUD 13.141064 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 69,163,493
Price\Range: AUD 0.19
Transaction Features: Rights Offering Aankondiging • Nov 11
Neometals Limited Announces Successful Elitm Purification Pilot Trial NNeometals Ltd. announced successful completion of the purification phase ("Purification Testwork") of its Lithium Chemical pilot trial ("Pilot"). The Purification Testwork, conducted on a brine feed source, has confirmed earlier bench-scale testing by removing >97% of brine feed source impurities. This supports production of a purified brine solution that sits comfortably within specification for subsequent electrolysis stage of the Company's majority owned ELi™ process. Neometals' Lithium Chemical business unit is commercialising the ELi™ Technology owned by Reed Advanced Materials Pty Ltd. RAM is co-funding the Pilot with Bondalti group, Portugal's largest chlor-alkali chemical producer and held by José de Mello Group, one of Portugal's largest corporate groups. The ELi™ process comprises brine purification, followed by electrolysis where electricity is used to convert lithium chloride solutions into lithium hydroxide and/or lithium carbonate. The purification Pilot, undertaken by a third party laboratory, processed an actual South American salar brine concentrate. ELi™ has several advantages over conventional processes including lower operating expenditures by substituting electricity for chemical reagents, higher product purity and a smaller CO2 footprint. The Purification Testwork successfully removed impurities that can impede electrolysis efficiency (consumption). Higher and stable electrical current efficiency in turn extends electrolysis membrane durability (useful life), reducing maintenance time and cost and increasing the end-product grade. Aankondiging • Nov 10
Neometals Ltd Announces Production of Battery-Grade Nickel Sulphate by Its Lib Recycling Incorporation Joint Venture, Primobius Gmbh Neometals Ltd. announced the successful production of battery-grade nickel sulphate by its LIB recycling incorporated joint venture, Primobius GmbH ("Primobius"). Primobius is the 50:50 incorporated joint venture established by Neometals and SMS group to co-fund commercialisation of the patented LIB recycling technology ("LIB Recycling Technology"), originally developed by Neometals. The LIB Recycling Technology is based on a two-stage process to recover lithium, nickel and cobalt (amongst others) before refining into battery materials that can be reused to produce new LIB's. Nickel is the largest volume battery material produced in the Primobius process, the second most valuable product and major contributor to ensuring the lithium co-product operating costs are in the lowest quartile. Product test-work LIB's from the German EV auto industry were processed at Primobius' Hilchenbach recycling facility in Germany. Discharged and disassembled LIB modules were processed in the shredding 'Spoke' generating an intermediate product ("Black Mass") which was then refined in the demonstration-scale hydrometallurgical refining 'Hub' to recover the cathode materials into high-purity solutions via solvent extraction and precipitation. The Black Mass is a mixture of the graphite anode and cathode active materials including lithium, nickel and cobalt. The polished Hub nickel solution (feed) was evaporated (mother liquor) and crystallised off-site with a leading European equipment vendor. The nickel sulphate crystals were then washed and assayed by an independent third-party laboratory. The results confirmed the ability of the LIB Recycling Technology to produce battery-grade nickel sulphate and validated the battery-grade product previously produced by Neometals in its 2019 pilot trials in Canada. Primobius' production at scale of battery-grade nickel sulphates follows recent positive lithium recovery results and leaves cobalt sulphate as the final key product to be tested. Cobalt solutions have been dispatched and the test work is expected to be completed in the current quarter. The nickel sulphate results support the marketability of the scaleable Primobius plant packages to be built by partner, and leading plant builder, SMS group GmbH and supplied under technology Licensing agreements. Customers will be able to responsibly recycle their own LiB's, satisfying their regulatory and/or supply chain requirements, producing critical battery materials at potentially the lowest quartile operating cost and doing so with an industry leading carbon footprint. Aankondiging • Sep 14
Neometals Ltd, Annual General Meeting, Nov 24, 2023 Neometals Ltd, Annual General Meeting, Nov 24, 2023, at 15:00 W. Australia Standard Time. Location: Parmelia Hilton Perth 14 Mill Street, Perth, Western Australia Perth Australia Aankondiging • Jun 30
Neometals Ltd Announces Vanadium Recovery Project Update Neometals Ltd. announced that the Vanadium Recovery Project (" VRP1") special purpose vehicle, Recycling Industries Scandinavia AB ("RISAB"), is making strong progress in the lead up to its VRP1 FID. Neometals has a 72.5% interest in VRP1 with Critical Metals Ltd. VRP1 is at the financing stage ahead of a decision to construct and produce high-purity vanadium pentoxide ("V2 O5") from high-grade vanadium-bearing steel making by-product ("Slag") generated by SSAB EMEA AB and SSAB Europe Oy (collectively "SSAB") in Scandinavia. RISAB has engaged leading Nordic investment banks, SEB and Aventum Partners, to lead VRP1 financing processes. Project financing activities are progressing well with due diligence led by the European Investment Bank and a preferred banking club. Project level equity finance is attracting good interest from Nordic and International investors. To allow for additional due diligence evaluation work and negotiations with potential financiers, RISAB, Neometals and Critical Metals have extended the FID deadline under the RISAB shareholders deadline to 30 September 2023. SSAB is supportive of the progress that RISAB has made and the parties are in advanced discussions to formalise a corresponding extension to the investment decision deadline under the SSAB slag supply agreement to align with project financing timelines.