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Another development in NMT's portfolio of green energy developments. SP has kicked along a bit as well.

CO-OPERATION AGREEMENT WITH BONDALTI TO COMMERCIALISE SUSTAINABLE ELi® LITHIUM PROCESS HIGHLIGHTS 

• Reed Advanced Materials Pty Ltd (“RAM”) (Neometals 70% and Mineral Resources Ltd 30%) has agreed terms with Bondalti Chemicals, S.A. to evaluate commercialisation of its ELi® lithium processin Europe;

• The proposed 25,000tpa lithium refinery in Portugal will be the first ELi® deployment to produce battery quality lithium hydroxide and lithium carbonate;

• ELi® replaces conventional, carbon-intensive chemical conversion of lithium chloride solutions with electrolysis to produce lithium chemicals, potentially utilising renewable energy;

 • Bondalti and RAM will co-fund construction and operation of a pilot plant at Estarreja and complete evaluation studies over 18 months at a shared cost of US$4 million; and

 • The pilot plant, and proposed commercial refinery, will be integrated withBondalti’s existing chlor-alkali operations, which share significant processing commonalities with the ELi® proces

ELi Process - EU Project Presentation

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