Neometals (NMT) - Mercedes Expansion Shows Huge Growth Appetite

Neometals Limited is an Australia-based company that is primarily focused on advanced minerals projects and developing its technology business unit. The Company’s segments include Lithium, Titanium and Vanadium, and Others. The Company develops a process for the recovery of constituents from cell production scrap and end-of-life lithium-ion batteries (LIBs). The Company’s Vanadium Recovery Project recovers vanadium and produces vanadium chemicals from processing by-products. Its Barrambie Titanium and Vanadium Project has hard-rock titanium-vanadium deposits. The Mt Edwards Project is located approximately 80 kilometers south of Kalgoorlie and over 40 kilometers southwest of Kambalda in Western Australia. The tenements cover an area of approximately 240 square kilometers across the Widgiemooltha Dome nickel sulphide belt and host over 162,560 tons of contained nickel estimated across 11 nickel sulphide Mineral Resources.