Sustainable process technology developer, Neometals Ltd (ASX: NMT & AIM: NMT) ('Neometals' or 'the Company'), advises that the recently appointed Chief Financial Officer, Chris Kelsall, has also been appointed Company Secretary to replace the departing Mr Jason Carone.
Mr Kelsall brings to Neometals more than 30 years of experience in Australia and the UK as an executive across diverse industries.
Contact:
Jeremy McManus
Tel: +61 8 9322 1182
Email: jmcmanus@neometals.com.au
About Neometals Ltd
Neometals facilitates sustainable critical material supply chains and reduces the environmental burden of traditional mining in the global transition to a circular economy. The Company is commercialising a portfolio of sustainable processing solutions that recycle and recover critical materials from high-value waste streams. Neometals' core focus is its patented, Lithium-ion Battery ('LiB') Recycling technology (50% NMT), being commercialised in a 50:50 incorporated JV (Primobius GmbH) with 150-year-old German plant builder, SMS group GmbH. Primobius is supplying Mercedes-Benz a 2,500tpa recycling plant and operates its own LiB Disposal Service in Germany. Primobius' first 21,000tpa commercial plant will be offered to Stelco under an existing technology licence for North America. Neometals is developing two advanced battery materials technologies for commercialisation under low-risk, low-capex technology licensing business models: Lithium Chemicals (70% NMT) - Patented ELi electrolysis process, co-owned 30% by Mineral Resources Ltd, to produce battery quality lithium hydroxide from brine and/or hard-rock feedstocks at lowest quartile operating costs. Pilot scale test work and Engineering Cost Study update planned for completion in DecQ 2024 and Vanadium Recovery (100% NMT) - Patent pending hydrometallurgical process to produce high-purity vanadium pentoxide from steelmaking by-product ('Slag') at lowest-quartile operating cost and carbon footprint. Additionally, Neometals is conducting due diligence on acquiring a proprietary process and pilot plant to produce precious metals from waste.
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