NMT 6.90% 13.5¢ neometals ltd

Black mass sale, page-2

  1. 1,277 Posts.
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    Hi Johnderrick, I think they receive a fee for taking in spent batteries to recycle and after they create black mass they are selling to existing recyclers who may roast same to create some minerals if that’s the tech being used I’m not sure. How much we get for the sale on black mass I’ve no idea but dare say Primobious will advise in due course.
    Longer term we expect to pay for spent batteries to recycle but for now it other way round which helps give some lift whilst large recycling plants come on line, sorry I’ve no answers on the amount we get paid for each, Loop.
 
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