Interview with Chris Reed, CEO/MD of Neometals Ltd.

Our previous interview: https://www.cruxinvestor.com/posts/neometals-asxnmt-collaboration-chronicles-the-mercedes-benz-partnership-3630

Recording date: 11th Oct 2023

Australian-listed company Neometals (ASX:NMT) is focused on developing battery recycling and recovery projects to produce critical battery materials like lithium, nickel, and cobalt. The company is commercializing technologies for recovering these battery metals from end-of-life lithium-ion batteries and battery manufacturing scrap.

Neometals currently has lithium-ion battery recycling projects underway in Europe, including a pilot plant with Mercedes-Benz in Germany. In addition, Neometals owns a vanadium recovery technology and is working on commercializing this with steel companies in Scandinavia to extract vanadium from steel manufacturing slag.

While not yet a producer, Neometals aims to generate royalties and equity stakes from its recycling and recovery technologies without large capital outlays. This strategy focuses on lower risk, lower capex opportunities with strong partners.

Upcoming catalysts include finalizing commercial deals and securing purchase orders for its recycling plants. Successfully executing initial projects could demonstrate Neometals' business model and pave the way for self-funded growth from the royalty streams generated. With demand for battery materials surging, Neometals offers exposure to the battery value chain and a potential low-risk royalty model in a high-growth sector.

View Neometals Company Profile: https://www.cruxinvestor.com/companies/neometals

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