Neometals Ltd (AU:NMT) has released an update.
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Neometals Ltd is making strides in sustainable processing with its innovative lithium-ion battery recycling venture through Primobius GmbH, which is working on a facility for Mercedes-Benz in Germany. The company is also advancing its lithium chemicals technology and vanadium recovery projects, securing funding and progressing towards commercial production. With a solid cash position and no debt, Neometals is well-positioned in the critical materials recycling market.
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