Neometals recently announced the completion by Primobius GmbH of the Engineering Cost Study for the Hub part of a 21,000tpa fully integrated Lithium-ion battery (LIB) recycling plant. This major milestone provides hardened cost data that we believe demonstrates the process remains economically attractive despite cost increases. This data has unlocked the first commercial plant supply order from Mercedes with other orders expected in the coming months as commercial momentum builds for the battery ....
06 Sep 2023
Cenkos: Neometals Ltd -- CAPEX light shift reduces funding need
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Cenkos: Neometals Ltd -- CAPEX light shift reduces funding need
Neometals Ltd (NMT:LON) | 6.0 0 0.0% | Mkt Cap: 37.4m
- Published:
06 Sep 2023 -
Author:
John-Marc Bunce | Will Dymott -
Pages:
27
Neometals recently announced the completion by Primobius GmbH of the Engineering Cost Study for the Hub part of a 21,000tpa fully integrated Lithium-ion battery (LIB) recycling plant. This major milestone provides hardened cost data that we believe demonstrates the process remains economically attractive despite cost increases. This data has unlocked the first commercial plant supply order from Mercedes with other orders expected in the coming months as commercial momentum builds for the battery ....