Primobius (ASX:NMT)
Source: Primobius GmbH
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Neometals’ (NMT) joint venture company begins stage two commissioning at its battery recycling demonstration plant in Germany
  • Primobius has started wet commissioning the hydro-metallurgical refining circuits of its showcase lithium-ion battery recycling demonstration plant
  • Neometals says the plant trial is one of the key evaluation activities required for the joint venture to make an investment decision for the construction of Primobius’s first commercial integrated lithium-ion battery recycling plant
  • Integrated plant trials are expected to start in October 2021, with completion expected by the end of November 2021
  • Before the market opened Neometals is sitting at 81.5 cents

Neometals’ (NMT) joint venture company has begun stage two commissioning at its battery recycling demonstration plant in Germany.

Primobius GmbH, the joint venture company evenly shared with SMS Group GmBH, has begun wet commissioning the hydrometallurgical refining circuits of its showcase lithium-ion battery recycling demonstration plant.

The plant is made up of a fully constructed shredding and beneficiation circuit and a hydrometallurgical refining circuit. The circuits have been water tested, and stage one leaching of intermediate active material and filtering the carbon anode residue has begun.

Following this, the individual solvent extraction circuits to recover copper, manganese, cobalt, nickel and lithium will be next in line to be commissioned.

Neometals said the fully integrated, continuous process plant trial makes up one of the key evaluation activities required for the joint venture to make an investment decision for the construction of Primobius’ first commercial integrated lithium-ion battery recycling plant.

The company says kicking off the of stage two commissioning is another significant milestone for Primobius, and subsequent trials remain on schedule.

The integrated plant trials are expected to start in October 2021, with completion expected by the end of November 2021.

Neometals last traded at on 81.5 cents September 14.

NMT by the numbers
More From The Market Online

WA1 Resources jumps 6% on high-grade niobium from drilling at Luni

WA1 Resources has jumped 6.5% in morning trades as the market responds favourably to the company's…
The Market Online Video

Barton Gold taps investors for $4M to fund Tunkillia study; drilling

Barton Gold (ASX:BGD) has announced it's raising $4M to advance key project studies at its Tunkillia…
The Market Online Video

Lithium Plus heading towards feasibility works at Lei deposit; MRE growth potential flagged

Lithium Plus Minerals (ASX:LPM) has revealed the company is preparing to get underway with feasibility works…

FireFly Metals announces port access & expansion; CFO resignation

FireFly Metals has inked a Port Access Agreement with TSXV-listed Maritime Resources Corp (TSXV:MAE), enabling FireFly…