From a personal perspective, I would steer clear of LIT. Let's just say they have a history & I've been burnt there myself.
LIT crushes batteries to recover black mass (BM) & it's then sent offshore to be processed. I'm unsure of how scalable their process is, in theory, NMT should be able to construct a 500tpd plant. Plus, the real money is in battery grade chemicals that are produced in a refinery, that's something LIT lacks. As far as I know, LIT doesn't possess any technology to refine BM.
NMT uses a hydrometallurgical process to recover battery-grade chemicals from BM in a refining Hub, whereas LIT just crushes batteries & then disposes the BM to third parties.
I can crush batteries in my backyard with a hammer & call myself a battery recycler.
General Neometals related news, page-4576
Add NMT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $82.78M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.0¢ | $189.6K | 1.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 52090 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 375122 | 8 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| NMT (ASX) Chart |