West Perth, Western Australia
Neometals’ core technologies include a proprietary two-stage battery recycling process (Spoke mechanical phase and Hub hydrometallurgical phase) to recover high-purity nickel, cobalt, lithium, and manganese; the ELiTM Electrolysis Process for producing battery-grade lithium hydroxide from brine and hard-rock feedstocks; and a vanadium recovery process for extracting high-purity vanadium pentoxide from steel slag, commercialized via the Primobius joint venture.
Recovered high-purity battery materials including nickel, cobalt, lithium, and manganese; battery-grade lithium hydroxide produced via the ELiTM Electrolysis Process; high-purity vanadium pentoxide from steel slag.
In 2024, expanded battery recycling operations in Germany through the Primobius joint venture with SMS group GmbH and Mercedes-Benz to process production scrap; advanced the vanadium recovery project through technology validation and commercial negotiations; planned delisting from the AIM market in 2025 to focus on the ASX listing.
Key shareholders for Neometals Ltd include William Robert Richmond (9.0%), David Reed (4.1%), Farjoy Pty Ltd (2.4%), and Christopher Reed (1.5%), alongside institutional investors such as SPDR S&P International Small Cap ETF and various DFA portfolios.
