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Neometals Ltd

Neometals Ltd

RRSSF
Neometals LtdUS flagOther OTC
0.06
USD
-0.01
- -
43.27MMarket Cap
Neometals Ltd
RRSSF
(Other OTC)

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ROIC.AI

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Business
Neometals Ltd (ASX:NMT; OTC:RRSSF) is an Australia-based battery materials producer and technology developer that commercialises sustainable processing technologies to recycle and recover critical materials including lithium chemicals from battery waste, vanadium from industrial slag and titanium from mineral sands; the company operates through Lithium, Titanium/Vanadium and Other segments, with proprietary processes demonstrated at commercial scale including lithium-ion battery recycling validated by Mercedes-Benz in Germany and vanadium recovery licensed to Novana Oy. Founded in 2001 and headquartered at 1292 Hay Street, West Perth, Western Australia, Neometals targets high-value waste streams to enable circular economy supply chains for electric vehicle batteries and energy storage, with operations spanning Australia, Europe and development projects in Finland. Recent developments include Novana Oy, in which Neometals holds an 86.1% interest via RISAB, securing a conditional €48.7 million grant from Business Finland in November 2025 to advance the Pori Vanadium Recovery Project 1 featuring lowest-quartile V2O5 production costs and near-zero carbon footprint, alongside a 100% offtake agreement with Glencore; the company increased its RISAB stake to 88% during 2024, exercised an option to acquire a precious metals processing plant in May 2024, maintains a 26% holding in Redivium as of December 2024 for battery recycling, and advances the ELi lithium process in collaboration with Rio Tinto and Mineral Resources while exploring its Barrambie Gold Project.

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