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Moving right along. NMT have some high value projects on the go.

BARRAMBIE PILOT PLANT AND OFFTAKE UPDATE HIGHLIGHTS

• Neometals has successfully commissioned its pilot plant and commenced production of a titanium-rich gravity concentrate sample for offtake evaluation trials;

• Approximately 150 tonnes of gravity concentrates will be produced and shipped in Q1 2022 with the majority going to titanium slag producer Jiuxing for commercial scale trials as part of their offtake evaluation process;

• Pre-feasibility studies are on schedule for completion in Q1 2022; and

• Jiuxing commercial smelting trials scheduled for completion Q2 2022 to advance negotiations for formal offtake agreements which are a prerequisite for any future investment decision.

Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to provide an update on its 100% owned Barrambie Titanium and Vanadium Project (“Barrambie”). The Company, in conjunction with its consultants Allied Mineral Laboratories, Primero Group and Roxbury Trading Pty Ltd have successfully commissioned a gravity beneficiation plant at Menzies in Western Australia to generate bulk concentrate samples for evaluation by potential Chinese offtake counterparties. Neometals has a memorandum of understanding with Jiuxing Titanium Materials (Liaonging) Co. Ltd (“Jiuxing MoU”) (“Jiuxing”) (for full details refer to ASX announcement entitled “Barrambie - MOU for Cornerstone Concentrate Offtake” released on 16thApril 2021).

The Jiuxing MoU outlines the technical and commercialpathway to a formal, binding take-or-pay offtake agreement, with Neometals supplying approximately 100 tonnes of mixed gravity concentrate for evaluation trials using Jiuxing’s commercial titanium smelter(“Offtake Trials”). TheOfftake Trials represent the final stage of Jiuxing Barrambie offtake due diligence.

Neometals excavated throughcostean mineralization to enable the production ofapproximately150tonnesof mixed gravity concentrate bulk sample for Jiuxing and other potential offtakers. Contract crushing and grinding of the mined material is largely complete, and the gravity (spirals) circuit has been commissioned. The bulk gravity concentratessample is expected to be dispatched to China prior to the end of Q1 2022

[URL unfurl="true"]https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02470640-6A1070437?access_token=83ff96335c2d45a094df02a206a39ff4[/URL]

<blockquote data-quote="basilio" data-source="post: 1151777" data-attributes="member: 18692">Moving right along. NMT have some high value projects on the go.&nbsp; BARRAMBIE PILOT PLANT AND OFFTAKE UPDATE HIGHLIGHTS • Neometals has successfully commissioned its pilot plant and commenced production of a titanium-rich gravity concentrate sample for offtake evaluation trials; • Approximately 150 tonnes of gravity concentrates will be produced and shipped in Q1 2022 with the majority going to titanium slag producer Jiuxing for commercial scale trials as part of their offtake evaluation process;&nbsp;• Pre-feasibility studies are on schedule for completion in Q1 2022; and • Jiuxing commercial smelting trials scheduled for completion Q2 2022 to advance negotiations for formal offtake agreements which are a prerequisite for any future investment decision.&nbsp;Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to provide an update on its 100% owned Barrambie Titanium and Vanadium Project (“Barrambie”). The Company, in conjunction with its consultants Allied Mineral Laboratories, Primero Group and Roxbury Trading Pty Ltd have successfully commissioned a gravity beneficiation plant at Menzies in Western Australia to generate bulk concentrate samples for evaluation by potential Chinese offtake counterparties. Neometals has a memorandum of understanding with Jiuxing Titanium Materials (Liaonging) Co. Ltd (“Jiuxing MoU”) (“Jiuxing”) (for full details refer to ASX announcement entitled “Barrambie - MOU for Cornerstone Concentrate Offtake” released on 16thApril 2021).The Jiuxing MoU outlines the technical and commercialpathway to a formal, binding take-or-pay offtake agreement, with Neometals supplying approximately 100 tonnes of mixed gravity concentrate for evaluation trials using Jiuxing’s commercial titanium smelter(“Offtake Trials”). TheOfftake Trials represent the final stage of Jiuxing Barrambie offtake due diligence. Neometals excavated throughcostean mineralization to enable the production ofapproximately150tonnesof mixed gravity concentrate bulk sample for Jiuxing and other potential offtakers. Contract crushing and grinding of the mined material is largely complete, and the gravity (spirals) circuit has been commissioned. The bulk gravity concentratessample is expected to be dispatched to China prior to the end of Q1 2022[URL unfurl=&quot;true&quot;]https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02470640-6A1070437?access_token=83ff96335c2d45a094df02a206a39ff4[/URL]</blockquote>

[QUOTE="basilio, post: 1151777, member: 18692"] Moving right along. NMT have some high value projects on the go. [SIZE=7][B] BARRAMBIE PILOT PLANT AND OFFTAKE UPDATE HIGHLIGHTS [/B][/SIZE] [B]• Neometals has successfully commissioned its pilot plant and commenced production of a titanium-rich gravity concentrate sample for offtake evaluation trials; • Approximately 150 tonnes of gravity concentrates will be produced and shipped in Q1 2022 with the majority going to titanium slag producer Jiuxing for commercial scale trials as part of their offtake evaluation process; • Pre-feasibility studies are on schedule for completion in Q1 2022; and • Jiuxing commercial smelting trials scheduled for completion Q2 2022 to advance negotiations for formal offtake agreements which are a prerequisite for any future investment decision.[/B] Innovative project development company, Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to provide an update on its 100% owned Barrambie Titanium and Vanadium Project (“Barrambie”). The Company, in conjunction with its consultants Allied Mineral Laboratories, Primero Group and Roxbury Trading Pty Ltd have successfully commissioned a gravity beneficiation plant at Menzies in Western Australia to generate bulk concentrate samples for evaluation by potential Chinese offtake counterparties. Neometals has a memorandum of understanding with Jiuxing Titanium Materials (Liaonging) Co. Ltd (“Jiuxing MoU”) (“Jiuxing”) (for full details refer to ASX announcement entitled “Barrambie - MOU for Cornerstone Concentrate Offtake” released on 16thApril 2021). The Jiuxing MoU outlines the technical and commercialpathway to a formal, binding take-or-pay offtake agreement, with Neometals supplying approximately 100 tonnes of mixed gravity concentrate for evaluation trials using Jiuxing’s commercial titanium smelter(“Offtake Trials”). TheOfftake Trials represent the final stage of Jiuxing Barrambie offtake due diligence. Neometals excavated throughcostean mineralization to enable the production ofapproximately150tonnesof mixed gravity concentrate bulk sample for Jiuxing and other potential offtakers. Contract crushing and grinding of the mined material is largely complete, and the gravity (spirals) circuit has been commissioned. The bulk gravity concentratessample is expected to be dispatched to China prior to the end of Q1 2022 [URL unfurl="true"]https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02470640-6A1070437?access_token=83ff96335c2d45a094df02a206a39ff4[/URL] [/QUOTE]

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