Latest Neometals Ltd News

Neometals has reported a maiden Mineral Resource Estimate for its Ironclad gold deposit at Barrambie and signed a non-binding MoU with Rio Tinto to advance its lithium processing technology, alongside progress in battery recycling plant commissioning.

Neometals’ joint venture Reed Advanced Materials has signed a non-binding MoU with Rio Tinto to collaborate on advancing the ELi Process, a lithium hydroxide production technology promising significant cost and environmental benefits.

Neometals Ltd has released its first JORC-compliant Mineral Resource Estimate for the Ironclad deposit within its 100% owned Barrambie Gold Project, confirming an inferred resource of 13,000 ounces of gold. This milestone validates historic data and sets the stage for near-surface mining development.

Peak Minerals has completed a key phase of rutile exploration at its Minta Project in Cameroon, reporting promising heavy mineral findings and appointing a seasoned mining executive as CEO. The company also secured $2 million through a shareholder entitlement offer to fund ongoing activities.

Neometals has received a second tranche of funding from EU-backed EIT RawMaterials, injecting nearly €0.5 million to advance its Finnish Vanadium Recovery Project amid ongoing financing efforts.

Neometals Ltd has launched its maiden gold drilling program at the Barrambie Gold Project in Western Australia, marking the first such effort in two decades. The program aims to validate historic high-grade gold mineralisation and explore new targets within a richly prospective greenstone belt.

Redivium Limited has successfully completed the formalities for listing a €25 million green bond, aimed at accelerating its sustainable battery recycling projects across Europe, including the UK, Czech Republic, and Romania.

Neometals Ltd has bolstered its financial position with a A$7.1 million capital raise while progressing key projects including the commissioning of a lithium-ion battery recycling plant in Germany and preparing for maiden gold drilling at Barrambie.