Ann: Mercedes - Benz Battery Recycling Plant Purchase Order, page-135

Are we waiting on a Purchase Order for the 10TPD "Hub" component?

As I understand it, this PO is for the "Spoke" component only.

The announcement says:

"The Primobius 10tpd Spoke is ‘product ready’ and can now be supplied to existing licensees and new customers. The Mercedes Hub is scheduled to be ‘product ready’ in the SepQ 2023."

and

"The PO was awarded as part of a cooperation arrangement with Mercedes (“Cooperation”). Under the Cooperation, Primobius is responsible for the engineering, equipment supply and installation for a fully integrated, closed loop Mercedes LIB Recycling Plant (“Mercedes 10tpd Spoke” followed by “Mercedes 10tpd Hub”) (together “Mercedes LIB Recycling Plant”) (for full details refer to Neometals ASX announcement headlined “Cooperation Agreement with Mercedes Benz” released on 13th May 2022)."

I guess we need confirmation that the Hub is "product ready", and there will likely be an announcement once that is the case.

It would be great if the company could sign another deal with another manufacturer in the next few months.