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Neometals Ltd ( (AU:NMT) ) has issued an update.
Neometals’ December 2025 quarter was marked by strong progress at its 100%-owned Barrambie Gold Project, where an 8,457m reverse circulation drilling program delivered high-grade gold intercepts at the Barrambie Ranges trend, Ironclad deposit and Mystery mine, supported by metallurgical test work showing gravity recoveries up to 71% and overall gold recoveries of up to 98%. The company also signed a non-binding letter of intent with BML Ventures to negotiate a 50:50 profit-sharing production joint venture to develop the Ironclad Gold Deposit via open-pit mining, advanced discussions with potential partners and licensees for its ELi lithium chemicals technology, and secured a €48.7 million conditional grant and a further €1.5 million investment commitment to advance its Pori vanadium recovery project in Finland, while adding an optioned US brines opportunity in Utah and ending the quarter with A$6.4 million in cash, A$2.5 million in investments and receivables, and no debt. These developments collectively strengthen Neometals’ pipeline across gold, lithium and vanadium, underpinning funding for its flagship vanadium project, de-risking early-stage gold production potential, and opening new critical minerals exposure in a low-cost US brines play, which together may enhance its strategic positioning in the global critical minerals sector and provide potential upside for shareholders if projects advance to development.
The most recent analyst rating on (AU:NMT) stock is a Sell with a A$0.07 price target. To see the full list of analyst forecasts on Neometals Ltd stock, see the AU:NMT Stock Forecast page.
More about Neometals Ltd
Neometals Ltd is an Australian-based minerals and technology company focused on upstream exploration and downstream processing in battery and critical metals. Its activities span gold exploration at the Barrambie Gold Project in Western Australia, lithium chemicals via the ELi Process through a joint venture with Mineral Resources, and vanadium recovery in Finland through its majority-owned Recycling Industries Scandinavia AB, positioning it within the broader energy transition and critical minerals supply chain.
Average Trading Volume: 746,458
Technical Sentiment Signal: Sell
Current Market Cap: A$55.48M
For detailed information about NMT stock, go to TipRanks’ Stock Analysis page.