Just to summarise why this is a great opportunity in my opinion...

Just to summarise why this is a great opportunity in my opinion as I view quite a lot of down-ramping on this forum and am unsure what the true objective behind these people is.

This stock announcement is beneficial to the long-term success of Neometals Ltd for several reasons:

Process Improvements:

1. The announcement highlights outstanding results from demonstration trials of process improvements in hydrometallurgical refining. The company achieved high recoveries of nickel, cobalt, and copper (>95%) and is awaiting results for lithium recovery (>83%). These improvements are crucial for meeting the proposed recycling recovery requirements of the pending EU Battery Regulations, which will mandate high recovery rates for battery materials. By demonstrating its ability to achieve these requirements, Neometals is positioning itself as a leader in sustainable battery materials production.

2. Commercial-Scale Recycling Plant:

The successful trials will be incorporated into the engineering cost study for a proposed 50tpd integrated recycling plant in Germany. This indicates that Neometals is advancing towards the establishment of a commercial-scale operation, which will be a significant milestone for the company. The completion and announcement of the plant in July 2023 will further solidify Neometals' position in the market and provide a foundation for long-term growth.

3. Expansion Opportunities:

The process improvements and successful trials enable Primobius, the joint venture company owned by Neometals and SMS group GmbH, to offer mechanical package supply contracts for 10tpd integrated recycling plants. This opens up opportunities for Neometals to partner with existing customers, licensees, and new clients in its growing business development pipeline. Expanding its customer base and securing contracts will contribute to the long-term success and revenue growth of the company

4. Strong Collaborations:

Neometals acknowledges the collaboration with SMS group and Mercedes-Benz, highlighting the importance of strong partnerships in achieving its goals. Collaborating with reputable companies like SMS group, a well-established German plant builder, and Mercedes-Benz, a renowned automotive brand, enhances Neometals' credibility and positions the company as a trusted and reliable player in the industry. These collaborations contribute to the long-term success of Neometals by leveraging the expertise and resources of its partners.Overall, this stock announcement demonstrates Neometals' progress in developing its lithium-ion battery recycling technology, meeting regulatory requirements, advancing towards commercial-scale operations, and forming strategic collaborations.

These factors bode well for the company's long-term success in the sustainable battery materials sector.