March 2 (Reuters) - Neometals Ltd (NMT) :
- EXECUTION OF SEVERAL LANDMARK AGREEMENTS THAT SECURE NEOMETALS' 50% OWNERSHIP AND OPERATORSHIP OF INCORPORATED JOINT VENTURE VEHICLE RISAB
- BALANCE OF RISAB EQUITY IS HELD BY UNLISTED AUSTRALIAN MINERAL DEVELOPMENT CO, CRITICAL METALS
- ALSO EXECUTED TECHNOLOGY LICENCE FOR ITS SLAG PROCESSING INTELLECTUAL PROPERTY TO RISAB FOR A 2.5% GROSS SALES ROYALTY
- PROVIDED SSAB GUARANTEE FOR RISAB TO ENABLE EXECUTION OF AMENDED FEEDSTOCK SUPPLY AGREEMENT FOR SLAG WITH SSAB EMEA AB AND SSAB EUROPE OY
- UNDER BINDING DEAL, SSAB TO SUPPLY 2 MILLION TONNES OF SLAG WITH RISAB HAVING FIRST RIGHT TO PURCHASE ADDITIONAL TONNES ON AN AS AVAILABLE BASIS
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