Back
Business & Company News
Neometals (ASX:NMT)

Neometals Ltd (ASX: NMT) LiB Recycling Business Sale Completion

Neometals Ltd (ASX: NMT)

Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”) announces the completion of the sale and transfer of the Company’s 50% interests in both Primobius GmbH and ACN 630 589 507 Pty Ltd to SMS group GmbH. Following completion, the Company holds approximately A$10.1 million cash at bank.

For further details, please refer to the Neometals ASX announcement “Binding Term Sheet for Neometals to Exit LiB Recycling Business”, released on 7 August 2025. 

To read the full announcement, please click here


About us:

About Neometals

Neometals’ purpose is to deliver stakeholder value by enabling the sustainable production of critical and valuable materials essential for a cleaner future. The Company is commercialising a portfolio of low-cost sustainable processing solutions for critical materials in parallel with the exploration and development of mining operations at its Barrambie Gold Project.


Contact details:

For more information, please contact:

Christopher Reed
Managing Director/CEO
Neometals Ltd
T +61 8 9322 1182 
 
Lucas Robinson
Managing Director
Corporate Storytime
T +61 408 228 889