NMT (ASX) NMT investment in RIL

Originally posted by Loophole1: ↑

Good to have the old ProC back, great post, detailed and researched, Loop.

Expand

Hi Loop, good to see you mate.

If RIL can get their hands on this LFP recycling tech, it may revolutionise the battery recycling sector. Apparently, LFP recycling is not profitable in its current form, so RIL & the Sunlight Group may have developed something special. I'm not a chemical engineer, so I can't provide any insight into the type of tech that would be needed to achieve profitability, but I'm keen to see what comes from it.

Below is what Northvolt says.

‘No cost-effective solution in sight’ for LFP recycling – Batteries International

Below is from Fastmarkets.

European LFP recycling vital for future but facing economic barriers: LME Week - Fastmarkets

Hopefully, RIL will update shareholders on the economics surrounding this LFP tech & how it plans to implement the worldwide licence.

Below is where NMT shareholders can keep up to date with RIL & I'll try to maintain this thread on the NMT forum with relevant news.

REDIVIUM LIMITED (ASX:RIL) - RIL battery recycling discussion, 71226552, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by ProCapitalism: ↑

I thought I would start a new thread so NMT shareholders can track RIL & any progress that's made. For people who don't know, NMT is currently the biggest shareholder in RIL.

RIL holds several battery recycling licences through a daisy chain of deals from Critical Metals (CM) & Greenhouse Investments.

REDIVIUM LIMITED (ASX:RIL) - Ann: 2024 Annual Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

RIL is required to pay a 10% gross revenue royalty back to NMT/Primobius.

Below is a snapshot of the current deals in the works for RIL.

REDIVIUM LIMITED (ASX:RIL) - Ann: Investor Presentation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

I decided to start this thread because I believe RIL might be on the cusp of something big, so fingers crossed it pays off for NMT shareholders. RIL is currently suspended from quotation awaiting an operational update & perhaps some financing/CR news. The ann is below & there should be a lot more news due over the coming months.

REDIVIUM LIMITED (ASX:RIL) - Ann: Suspension from Quotation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum REDIVIUM LIMITED (ASX:RIL) - Ann: Trading Halt, 76610451, page-5 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

RIL might get their hands on LFP recycling technology through a project with the Sunlight Group. Who knows, RIL might licence that tech to NMT one day. Or, NMT/Primobius & RIL could partner in an LFP recycling plant at some point. There's a world of possibilities out there with this type of tech & business model.

Positive news from RIL in relation to construction deals for plants would obviously boost the prospects for NMT & would be proof the business model works. Shareholders would receive a royalty stream from any plant & at the same time, the value of the investment NMT has in RIL should grow. Primobius might get a contract to build some RIL plants which would be beneficial to shareholders as well.

RIL also shares a similar business model to NMT.

Obviously, positive progression from RIL for any projects turns my sentiment for NMT into a buy.

The current MC of NMT is $75m.
The current MC of RIL is $10m.

Expand