Neometals enters first sub-licence agreement for the Neomet Process technology
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The sub‐licence agreement will enable the technology to be applied by a third‐party joint venture.
Neometals has achieved a milestone
Neometals Ltd (ASX:NMT) has achieved a milestone, following its wholly-owned subsidiary, Alphamet Management Pty Ltd, entering into the first sub-license agreement for the application of the Neomet Process.
The patented, environmentally friendly process technology has broad applications in the recovery of a wide range of metal oxides from chloride leach solutions.
Next steps
Subject to satisfactory pilot testing, the agreement will see the Neomet Process technology used at a steel mill in the Republic of Serbia to recover zinc, copper, iron, silver and lead from a new modular EAF Dust Processing plant.
The company sees this agreement as a solid step forward in its strategy to develop and hold a portfolio of royalty interests from sub‐licencing the technology in addition to deploying the process on its Barrambie Titanium Project.
READ NOW: Neometals commences test work at one of the world’s highest‐grade titanium deposits
Neometals has a strategic alliance with the Australian Engineers, Sedgman Limited, to provide the platform for the commercialisation of the technology, at no cost to Neometals
Neometals Ltd enters first sub-licence agreement for the Neomet Process technologyNeometals lodges patent with eye on lithium-ion batteries
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Facebook Twitter Google+ LinkedIn Email Print Download PDF version 14:25 15 Sep 2017
Neometals has lodged an Australian provisional patent in relation to lithium titanate research.
The next steps will be highly anticipated
Neometals Ltd (ASX:NMT) has lodged an Australian provisional patent application associated with its technology to produce lithium titanate oxide for use in lithium-ion batteries.
Neometals has a dedicated subsidiary, Neomaterials Pty Ltd, to hold its interest in the intellectual property and patent applications for this advanced battery material process.
Test work results indicate performance of the material in the larger scale pouch-cell was superior to the commercially available lithium titanate, and re-confirmed in multiple coin-cell tests.
All tests had NCM cathode and LTO anode.
Chris Reed, managing director, commented:
"The lodgement of this patent application is consistent with Neometals’ IP strategy to protect its competitive advantage once the commercial viability emerges.
"Our goal is to justify the addition of a LTO circuit to the Lithium Hydroxide project to further multiply the value of our lithium units."
Neometals is undertaking optimisation testwork at the CSIRO to accelerate the commercialisation of this advanced battery material technology.
The program is expected to be completed by the end of the December quarter and will produce product for evaluation by battery producers.
READ NOW: Neometals commences test work at one of the world’s highest‐grade titanium deposits
http://www.*.com.au/companies/news/184038/neometals-lodges-patent-with-eye-on-lithium-ion-batteries-184038.html
