NMT Discussion 2022
- Thread starter zeeb0t
- Start date
Blockhead
Emerged
Now with Mercedes on board, great things to come.
Cheers H
Slymeat
Move on, nothing to see.
Two very interesting ASX announcements for Neometals in this week past:
1) PRIMOBIUS OPENS FIRST COMMERCIAL RECYCLING FACILITY
10tpd. It's a start and should get the world to notice there are better things to do with spent Lithium ion batteries than to try and discard them. This is a test bed production plant with future plants planned to be a 1:5 scale up.
I like the wording of that - both the scale up and the pluralization involved.
Excerpt from the article:
"Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to announce that Primobius GmbH (“Primobius”), the incorporated joint venture (“JV”) company owned 50:50 by Neometals and SMS group GmbH (“SMS”), has officially opened its 10tpd commercial lithium-ion battery (“LIB”) recycling facility (“10tpd Shredding Plant”) in Hilchenbach Germany."
2) And now Neometals is recovering Vanadium from otherwise useless slag, the waste by-product of steel making. This is a second major materials recovery venture for Neometals.
Recovering battery-grade vanadium from waste hailed by EU as on ‘cusp’ of major player status.
Vanadium provides superior energy densities and is at the heart of vanadium redox flow batteries - useful for long duration energy storage. Vanadium is also being eyed for next-generation lithium-vanadium cells for electric vehicles.
The process for recovering Vanadium from steel slag is green, consumes CO2 (so can make money trading carbon credits), extracts high purity Vanadium (99.5%), and turns absolutely all of the feed slag into useable products.
So slag, that is currently dumped as waste and at a cost to the steel making industry can ALL be converted to something of value.
The Vanadium Recovery Project is on track for selling everything it generates. “Processing waste, generating no waste, creating a high value product, and carbon negative – it sounds like a good idea,” Robinson said.
This project ties in well with Neometals’ recent investment in US based Tyfast a Vanadium manufacturing company which is developing a long-life, fast-charging lithium battery with a proprietary vanadium-based anode technology.
1) PRIMOBIUS OPENS FIRST COMMERCIAL RECYCLING FACILITY
10tpd. It's a start and should get the world to notice there are better things to do with spent Lithium ion batteries than to try and discard them. This is a test bed production plant with future plants planned to be a 1:5 scale up.
I like the wording of that - both the scale up and the pluralization involved.
Excerpt from the article:
"Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to announce that Primobius GmbH (“Primobius”), the incorporated joint venture (“JV”) company owned 50:50 by Neometals and SMS group GmbH (“SMS”), has officially opened its 10tpd commercial lithium-ion battery (“LIB”) recycling facility (“10tpd Shredding Plant”) in Hilchenbach Germany."
2) And now Neometals is recovering Vanadium from otherwise useless slag, the waste by-product of steel making. This is a second major materials recovery venture for Neometals.
Recovering battery-grade vanadium from waste hailed by EU as on ‘cusp’ of major player status.
Vanadium provides superior energy densities and is at the heart of vanadium redox flow batteries - useful for long duration energy storage. Vanadium is also being eyed for next-generation lithium-vanadium cells for electric vehicles.
The process for recovering Vanadium from steel slag is green, consumes CO2 (so can make money trading carbon credits), extracts high purity Vanadium (99.5%), and turns absolutely all of the feed slag into useable products.
So slag, that is currently dumped as waste and at a cost to the steel making industry can ALL be converted to something of value.
The Vanadium Recovery Project is on track for selling everything it generates. “Processing waste, generating no waste, creating a high value product, and carbon negative – it sounds like a good idea,” Robinson said.
This project ties in well with Neometals’ recent investment in US based Tyfast a Vanadium manufacturing company which is developing a long-life, fast-charging lithium battery with a proprietary vanadium-based anode technology.
Perhaps
Regular
As there isn't so much rumour goin' about NMT I will add some information.
www.mineralresources.com.au
www.reuters.com
New partnership set to revolutionise lithium production - Mineral Resources
Reed Advanced Materials (RAM), a 30:70 co-owned company between Mineral Resources and project developer Neometals, has signed a co-operation agreement with Portugal’s largest chemical manufacturer Bondalti.
NMT.AX - Neometals Ltd Key Developments | Reuters
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Slymeat
Move on, nothing to see.
Here’s a relevant slide from the NeoMetals presentation on the ShareCafe webinar today. Lots of positive plans in the pipeline.
And good news, they have received the federal emission permit (BImSchG) from German authorities to enable the shredding plant operations at a maximum battery input rate of 10 tonnes per day. So Primobius 10 tpd can run at full capacity now—and is!
Agreements for Stelco and Primobius 50 tpd plants expected to be finalised by December 2022.
Forward looking they expect to build plants for individual car manufacturers to help them meet their renewable components guidelines.
Stelco is an interesting customer—a green steel plant. They will be receiving a lot of their feed stock as vehicles, with some of these containing batteries that need to be dealt with and recycled. This percentage is expected to increase over time. NeoMetals has a chance to buy a 50% stake of this plant, once operational, and for half the outlay to build it. That should become good passive income in the future.
And good news, they have received the federal emission permit (BImSchG) from German authorities to enable the shredding plant operations at a maximum battery input rate of 10 tonnes per day. So Primobius 10 tpd can run at full capacity now—and is!
Agreements for Stelco and Primobius 50 tpd plants expected to be finalised by December 2022.
Forward looking they expect to build plants for individual car manufacturers to help them meet their renewable components guidelines.
Stelco is an interesting customer—a green steel plant. They will be receiving a lot of their feed stock as vehicles, with some of these containing batteries that need to be dealt with and recycled. This percentage is expected to increase over time. NeoMetals has a chance to buy a 50% stake of this plant, once operational, and for half the outlay to build it. That should become good passive income in the future.
Slymeat
Move on, nothing to see.
I am so surprised that there is so little interest in NeoMetals on TSE. I believe this company has so much going for it, especially when considering the push in Europe for self-sufficiency in battery materials supply and the world’s push for greener battery materials. Add to that recycling-based initiatives in the car manufacturing industry.
NeoMetals’ battery recycling operations are reason enough to be interested.
As also will be their ELi process (in pilot stage at the moment) that is the lowest cost, lowest carbon footprint method of processing both brines and hard rock lithium.
Then there are Titanium and Vanadium projects to help future proof the company And give them sales avenues removed from the nuances of batteries and EVs.
I see a long and prosperous future for NeoMetals. As I think also has Mercedes by entering into a recycling agreement with them. More of this will happen in the future as car manufacturers need a certain percentage of their cars to be both recyclable and to be built from recycled products.
I see a future that sees ALL car manufacturers following the lead of Mercedes and installing their own recycling plants. And that’s a good thing for more than just NeoMetals.
NeoMetals’ battery recycling operations are reason enough to be interested.
As also will be their ELi process (in pilot stage at the moment) that is the lowest cost, lowest carbon footprint method of processing both brines and hard rock lithium.
- The used HCl (for hard rock lithium) is completely recoverable->NO WASTE at all.
- The generated H2 can even be harvested As either a saleable product or used as clean fuel.
- No added chemicals at all for processing brines.
- And if using green electrical power (recommended) - NO CARBON FOOTPRINT either.
Then there are Titanium and Vanadium projects to help future proof the company And give them sales avenues removed from the nuances of batteries and EVs.
I see a long and prosperous future for NeoMetals. As I think also has Mercedes by entering into a recycling agreement with them. More of this will happen in the future as car manufacturers need a certain percentage of their cars to be both recyclable and to be built from recycled products.
I see a future that sees ALL car manufacturers following the lead of Mercedes and installing their own recycling plants. And that’s a good thing for more than just NeoMetals.
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Slymeat
Move on, nothing to see.
For a good breakdown of what NeoMetals is about, have a read of this article published in the Financial Review. It doesn‘t appear to be behind a paywall.
Making EV batteries more sustainable
Exerpts from the article:
Reed dubs Neometals as an “urban miner”, in that it provides the same critical battery metals as a traditional miner, but without the large holes in the ground.
and
Reed says Neometals’ philosophy is to be “joined at the hip” with the car and battery makers, which will produce feedstock from both end-of-life EVs and the battery cell making process itself.
As well as discussing battery recycling initiatives, the article also addresses vanadium and titanium recovery projects—recovering these valuable metals from steel making slag.
Unfortunately, the article does not go deeply into the ELi process. But I assume the article length was a prime concern here.
Making EV batteries more sustainable
Exerpts from the article:
Reed dubs Neometals as an “urban miner”, in that it provides the same critical battery metals as a traditional miner, but without the large holes in the ground.
and
Reed says Neometals’ philosophy is to be “joined at the hip” with the car and battery makers, which will produce feedstock from both end-of-life EVs and the battery cell making process itself.
As well as discussing battery recycling initiatives, the article also addresses vanadium and titanium recovery projects—recovering these valuable metals from steel making slag.
Unfortunately, the article does not go deeply into the ELi process. But I assume the article length was a prime concern here.
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