NMT neometals ltd
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April 26 (Reuters) - Neometals Ltd (NMT) : ANNOUNCE RESULTS OF...

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    26/04/23
    11:00
    Post #: 67454392

    April 26 (Reuters) - Neometals Ltd (NMT) :

    • ANNOUNCE RESULTS OF ENGINEERING COST STUDY FOR LITHIUM CHLORIDE BRINE CONVERSION OPERATION USING PROPRIETARY ELI ELECTROLYSIS PROCESS
    • ECS BASED ON PLANT WITH A PRODUCTION CAPACITY OF 25,000TPA OF BATTERY-GRADE LITHIUM HYDROXIDE MONOHYDRATE
    • CAPITAL COST ESTIMATE OF €405 MILLION (INCLUDING 15% CONTINGENCY) INDICATES CAPITAL INTENSITY OF €16,200 PER PRODUCTION TONNE
    • EXPECT COMMISSIONING AND COMMENCEMENT OF OPERATIONS FOR PLANT TO TAKE PLACE IN Q1 2027
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