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Why Did Neometals Sell Its Battery Recycling Business for A$10.1M Cash?

8:26am on Monday 15th of September, 2025 AEST Mining
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Why Did Neometals Sell Its Battery Recycling Business for A$10.1M Cash?

8:26am on Monday 15th of September, 2025 AEST
Key Points
  • Sale of 50% interests in Primobius GmbH and related entity to SMS group GmbH completed
  • Company now holds approximately A$10.1 million in cash
  • Exit from lithium-ion battery recycling business confirmed
  • Focus shifts back to Barrambie Gold and Titanium-Vanadium projects
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