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Neometals Ltd

Neometals Ltd

RDRUY
Neometals LtdUS flagOther OTC
0.76
USD
+0.01
- -
53.30MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Christopher John Reed ASA, GrdCerMinEcon, MAusIMM
Full Time Employees
6
Sector
Basic Materials
Industry
Industrial Materials
Address
1292 Hay Street West Perth WA Australia 6005
IPO Date
Feb 12, 2013
Website
neometals.com.au
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Business
Neometals Ltd is an Australian company specializing in the development and commercialization of sustainable processing technologies to recycle and recover critical materials essential for clean energy and circular economy solutions. The company operates across three core segments: lithium, titanium/vanadium, and other mineral exploration and process technology projects. Its main products and services include lithium-ion battery recycling via its flagship Primobius GmbH joint venture, which utilizes hydrometallurgical refining to recover battery materials such as black mass; commercializing the patented ELi electrolysis process to produce battery-quality lithium hydroxide from both brine and hard rock feedstocks; and producing high-purity vanadium pentoxide from steelmaking by-products (slag). Additionally, Neometals holds the Barrambie Titanium and Vanadium Project, one of the world’s highest-grade hard-rock titanium-vanadium deposits, and is advancing ventures for vanadium recovery in the Nordic region. In recent major developments, Neometals has entered agreements to acquire 50% ownership in the Vanadium Recovery Project’s joint venture company Recycling Industries Scandinavia AB (RISAB), with operations planned in Finland supported by a 10-year slag supply agreement with the steelmaker SSAB. The company secured significant investment and government grants for the Pori vanadium plant in Finland as part of expanding its vanadium business. In 2025, Neometals announced its strategic exit from the lithium-ion battery recycling business by transferring its 50% interests in Primobius GmbH and associated patented technologies to joint venture partner SMS Group GmbH for €5 million, marking a shift towards focusing on lithium chemicals and vanadium production. Ongoing projects include piloting a 25,000 tonnes per annum lithium hydroxide plant in Portugal with Bondalti Chemicals and engineering design work for demonstration plants scheduled for completion in 2024. Founded in 2001 and headquartered in Perth, Western Australia, Neometals operates internationally with key operations in Australia, Europe (notably Germany and Finland), and Portugal. Its business model encompasses direct service provision, technology licensing, joint ventures, and strategic partnerships with global industry players such as Mercedes-Benz, SMS Group, and Bondalti Chemicals. The company targets markets in battery material supply chains, steel manufacturing by-products processing, and sustainable resource recovery to support electric vehicle and clean energy transitions worldwide. Neometals remains an emerging leader in environmentally responsible battery materials production and critical minerals processing.

Company News

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