Here's some more info on the battery recycling technology & the timeline for HNR.
12 to 18 months until the 1st plant is running.
Primobius is a JV between NMT & SMS group & it's the type of technology HNR has got it's hands on.
SMS group GmbH: Neometals and SMS group set up joint venture for recycling lithium-ion batteries | Press Detail (sms-group.com)
Process & Technology (primobius.com)
Primobius | Battery recycling without limits
Lithium-ion Battery Recycling – Neometals
Neometals staying focused on the global EV battery recycling opportunity. - YouTube
The above video discusses the EV battery recycling opportunities & EU regulations.
IMO Neometals would take part in the up coming CR in order to see HNR & CM complete their objectives. Why? NMT have too much skin in the game! Neometals will also be earning a royalty stream from any deals done by the CM & HNR jv. I believe the last thing NMT would want was for this jv between CM & HNR to fall flat on it's face!
HANNANS LTD (ASX:HNR) - Ann: Hannans - LiB Recycling in the Nordics Presentation, 55941501, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
There was concern today about an upcoming CR. Considering a cashed up NMT holds almost 40% of HNR stock (750 million shares) & the Top 20 own a total of 70% of HNR, in theory, 70% of the CR would be taken up by the Top 20 alone.
A small price to pay for a revenue stream that's only 18 months away for HNR.
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