Neometals (ASX:NMT) - Collaboration Chronicles: The Mercedes-Benz Partnership

Interview with Jeremy McManus, General Manager of Commercial & IR for Neometals (ASX: NMT)Our previous interview: https://youtu.be/8adhEHBSrz4Recording date: 22nd August 2023Neometals stands at the vanguard of sustainable battery material production, pioneering three eco-friendly processing technologies. These innovations primarily yield lithium, nickel, cobalt, and vanadium while ensuring cost-efficiency and a minimized carbon footprint. The company, along with its partners, has been internationally acclaimed for sustainable methods that emphasize circular economic principles, thus diminishing dependence on traditional mining-based supply chains. Their three key business units are introducing these novel technologies through joint ventures: firstly, their Lithium-ion Battery ("LIB") Recycling under Primobius GmbH (with Neometals holding 50% equity) collaborates with Mercedes-Benz and aims to provide recycling services, plant supply, or technology licensing. Secondly, their Vanadium Recovery technology aspires to extract high-grade vanadium pentoxide from steel-making by-products, with ventures in Finland and potential operations in Sweden. Lastly, their Lithium Chemicals initiative, co-owned by Mineral Resources Ltd, seeks to manufacture top-quality lithium hydroxide from varied sources, with pilot ventures set for 2023 and a prospective commercial collaboration in Portugal by 2024.

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