Normal
NMT have commissioned their first ten ton per day lithium battery recycling plant. The next iteration planned for 2022 will be 50 TPD.FIRST COMMERCIAL BATTERY RECYCLING PLANT COMMISSIONED HIGHLIGHTS • Primobius has successfully commissioned its commercial 10tpd Shredding Plant enabling it to commence commercial operations in Q1 2022, subject to board approvals; • Federal environmental permitimminent and battery feed supply arrangements advancing; • Primobius’ strategy is to secure market share by focussing on potential partners and customers with direct access to large volumes of production scrap and end-of-life feedstocks; and • Class 3 Engineering Cost Studies on the larger 50tpd Stage 1 – Shredding and Stage 2 – Hydrometallurgicalrefinery plantswill be completed by the end of January and June respectively. Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to announce the material progress made by Primobius GmbH (“Primobius”), the joint venture (“JV”) company owned 50:50 by Neometals and SMS group GmbH (“SMS group”), with its strategy to fast-track commercial operations in Hilchenbach Germany. Primobius has successfully commissioned the newly expanded shredding and beneficiation circuit of its demonstration plant. This enables the commencement of a 10tpd battery disposal recycling service in Q1 2022 (“10tpd Shredding Plant”). Primobius is continuing its operational readiness activities ahead of the receipt of its Federal environmental (emissions) licence and commercial battery disposal agreements to ensure feed supply for the operation.Battery Recycling - First Commercial Plant Commissioned
NMT have commissioned their first ten ton per day lithium battery recycling plant. The next iteration planned for 2022 will be 50 TPD.
FIRST COMMERCIAL BATTERY RECYCLING PLANT COMMISSIONED HIGHLIGHTS
• Primobius has successfully commissioned its commercial 10tpd Shredding Plant enabling it to commence commercial operations in Q1 2022, subject to board approvals;
• Federal environmental permitimminent and battery feed supply arrangements advancing;
• Primobius’ strategy is to secure market share by focussing on potential partners and customers with direct access to large volumes of production scrap and end-of-life feedstocks; and
• Class 3 Engineering Cost Studies on the larger 50tpd Stage 1 – Shredding and Stage 2 – Hydrometallurgicalrefinery plantswill be completed by the end of January and June respectively.
Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to announce the material progress made by Primobius GmbH (“Primobius”), the joint venture (“JV”) company owned 50:50 by Neometals and SMS group GmbH (“SMS group”), with its strategy to fast-track commercial operations in Hilchenbach Germany. Primobius has successfully commissioned the newly expanded shredding and beneficiation circuit of its demonstration plant. This enables the commencement of a 10tpd battery disposal recycling service in Q1 2022 (“10tpd Shredding Plant”). Primobius is continuing its operational readiness activities ahead of the receipt of its Federal environmental (emissions) licence and commercial battery disposal agreements to ensure feed supply for the operation.
Battery Recycling - First Commercial Plant Commissioned
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.