NMT neometals ltd
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News: NMT Neometals Announces Mercedes - Benz Battery Recycling Plant Purchase Order

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    23/08/23
    11:50
    Post #: 69498949

    Aug 23 (Reuters) - Neometals Ltd (NMT) :

    • MERCEDES - BENZ BATTERY RECYCLING PLANT PURCHASE ORDER
    • MERCEDES RECYCLING PLANT INSTALLATION IS SCHEDULED TO COMMENCE IN Q4 2023, IMMEDIATELY AFTER BUILDING COMPLETION
    • PRIMOBIUS GMBH RECEIVED A PURCHASE ORDER FOR SUPPLY OF A 10 TONNE PER DAY SPOKE WITH MERCEDES
    • PRIMOBIUS IS FINALISING FEED ACTIVITIES FOR INTEGRATED MERCEDES LIB RECYCLING PLANT AND EXPECTS A SEPARATE HUB PO IN SEP Q 2023
    • FACILITY IS EXPECTED TO HAVE AN ANNUAL CAPACITY OF 2,500 TONNES, RECOVERING MATERIALS
    • FACILITY WHICH WILL BE FED BACK INTO PRODUCTION OF A TARGETED 50,000 BATTERY MODULES FOR INSTALLATION INTO NEW MERCEDES VEHICLES
    • SPOKE INSTALLATION IS PLANNED TO COMMENCE IN Q4 2023 WITH COMMISSIONING SET TO COMMENCE IN Q1 2024.
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