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NEOMETALS LTD

0.053

-0.011-17.19%

Volume:13.61M

Turnover:702.33K

Market Cap:40.84M

PE:-0.59

High:0.062

Open:0.062

Low:0.046

Close:0.064

52wk High:0.154

52wk Low:0.045

Shares:770.49M

Float Shares:591.80M

Volume Ratio:21.54

T/O Rate:2.30%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-0.090

EPS(LYR):-0.116

ROE:-47.68%

ROA:-15.99%

PB:1.12

PE(LYR):-0.45

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Overview Company News Filings

Neometals, Rio Tinto MoU 'Huge Company Maker' if Commercialized, Euroz Hartleys Says

MT Newswires Live

ASX Biggest Losers

MT Newswires Live

Neometals Ltd - Binding Term Sheet for Neometals to Exit Lib Recycling Business

THOMSON REUTERS

Neometals Ltd - Neometals Will Divest Its Interests for Payment of EUR 5 Mln

THOMSON REUTERS

Neometals Receives High-Grade Gold Results from Drilling at Barrambie Project in WA

BRIEF-Neometals Says Primobius Elects Not To Exercise Option To Buy Stelco Equity

Neometals MoU With Rio Could Lead to Royalties Worth About $7 Million Annually, Euroz Says

MT Newswires Live

BUZZ-Australia's Neometals rises on MoU deal with Rio Tinto unit

ASX ALERT-MoU with Rio Tinto for ELi Process-NMT.AX

ASX ALERT-Barrambie Gold Mineral Resource Estimate-NMT.AX

Besra Gold Inc. Appoints David Potter as Independent Non-Executive Chair

Estrella Launches Legal Action Against WIN, Auric, Neometals Over Lithium Royalty

MT Newswires Live

BRIEF-Auric Mining Says Estrella Resources Issued Writ Against Co & Unit

Neometals Focuses on Gold Exploration at Western Australia Gold Project

MT Newswires Live

Breakthrough Minerals accelerates high-grade gold strategy with Errolls acquisition in WA

BRIEF-Neometals Posts HY Loss Attributable A$11.4 Mln

Neometals to Provide Funding, Services to Novana for Finnish Vanadium Recovery Project

MT Newswires Live

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Rio Tinto MoU 'Huge Company Maker' if Commercialized, Euroz Hartleys Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2557451200","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557451200?lang=en_us&edition=fundamental","pubTime":"2025-08-08 13:12","pubTimestamp":1754629927,"startTime":"0","endTime":"0","summary":"Neometals  deal with Rio Tinto Group  could be big if it becomes a full agreement, and would give the company strong exposure to lithium prices, according to a Friday note by Euroz Hartleys.In June, the company, along with Mineral Resources  said their joint venture company, Reed Advanced Materials , signed an MoU with Rio to evaluate the explore the use of RAM's ELi process technology.With Rio aiming to produce lithium over the long term, the deal could be a \"huge company maker\" for Neometals, as royalty-based firms typically trade at high price-to-earnings multiples, Euroz Hartleys said.The company's returns could rise if lithium prices rebound or royalty rates increase, with the key being the ELi process lowering lithium production costs.Euroz also believes the company's vanadium assets may gain value if interest in the commodity picks up again.Euroz Hartleys maintained Neometals' speculative buy rating but lowered its price target to AU$0.12 from AU$0.15.Shares of the company fell ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["MKR.USD.HKCC","MKR.USD.CC","MIN.AU","BK7511","RAM","BK7095","BK7507","RIO.AU","BK7504","PLS.AU","NMT.AU"],"gpt_icon":0},{"id":"2557118295","title":"ASX Biggest 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11:50","pubTimestamp":1754365836,"startTime":"0","endTime":"0","summary":"Neometals  is already planning further work at its Barrambie gold project in Western Australia after obtaining high-grade hits in new drilling at the site.The company conducted a program of diamond drilling during May and June, with promising returns from two focus areas within the Sugarstone Centre in the northern sector of the project.Neometals completed seven holes for 638.6 metres at Ironclad, where intercepts featured 22.1m at 1.75 grams per tonne from 18.6m, including 2.4m at 5.95g/t and 2.9m at 4.33g/t.At Mystery, where Neometals was aiming to verify the continuation of mineralisation below historic underground workings, drilling returned 10.2m at 2.72g/t from 83.3m, including 1.45m at 8.97g/t.The Barrambie Project hosts one of the world’s highest-grade titanium deposits and is also highly prospective for gold mineralisation within Neometals’ tenure, which contains approximately 40km of the Barrambie Greenstone Belt strike.Neometals also plans to begin initial drilling of high-p","market":"us","thumbnail":"https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/08/featured-1754365491922.jpg","type":0,"news_type":0,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/08/featured-1754365491922.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://smallcaps.com.au/neometals-high-grade-gold-results-drilling-barrambie-project-wa/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"smallcap_stock","symbols":["MRE.AU","BK7095","BK7504","NMT.AU"],"gpt_icon":0},{"id":"2548883542","title":"BRIEF-Neometals Says Primobius Elects Not To Exercise Option To Buy Stelco Equity","url":"https://stock-news.laohu8.com/highlight/detail?id=2548883542","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548883542?lang=en_us&edition=fundamental","pubTime":"2025-07-01 23:38","pubTimestamp":1751384282,"startTime":"0","endTime":"0","summary":"BRIEF-Neometals Says Primobius Elects Not To Exercise Option To Buy Stelco EquityJuly 1  - Neometals Ltd NMT.AX:PRIMOBIUS ELECTS NOT TO EXERCISE OPTION TO BUY STELCO EQUITYSTELCO RETAINS EXCLUSIVE RIGHTS TO PRIMOBIUS' BATTERY RECYCLING TECHNOLOGY IN NORTH AMERICAFurther company coverage: NMT.AX ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nFWN3SY041:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7504","BK7095","NMT.AU"],"gpt_icon":0},{"id":"2546793013","title":"Neometals MoU With Rio Could Lead to Royalties Worth About $7 Million Annually, Euroz Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2546793013","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546793013?lang=en_us&edition=fundamental","pubTime":"2025-06-27 13:56","pubTimestamp":1751003772,"startTime":"0","endTime":"0","summary":"Neometals  non-binding memorandum of understanding  with Rio Tinto  could generate royalties of around $7 million annually for every 40,000 tonnes of lithium hydroxide produced, if the collaboration progresses to a commercial agreement, according to a Friday note by Euroz Hartleys.On Wednesday, the company, along with Mineral Resources  said their joint venture company, Reed Advanced Materials, signed an MoU with Rio to evaluate the explore the use of RAM's ELi process technology.With Rio's long-term lithium production ambitions, the deal could be a \"huge company maker\" for Neometals, as royalty-based firms typically trade at high price-to-earnings multiples, Euroz said.A higher royalty rate or a rebound in lithium prices could further boost returns, Euroz noted, adding that the key lies in the ELi process cutting lithium production costs.Euroz maintained the company's speculative buy rating and its AU$0.15 price target.Shares of Neometals and Mineral Resources fell 4% and 2% respectiv","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7507","BK7511","PLS.AU","BK7504","BK7095","RIO.AU","MIN.AU","NMT.AU"],"gpt_icon":0},{"id":"2546478220","title":"BUZZ-Australia's Neometals rises on MoU deal with Rio Tinto unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2546478220","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546478220?lang=en_us&edition=fundamental","pubTime":"2025-06-26 09:04","pubTimestamp":1750899884,"startTime":"0","endTime":"0","summary":"BUZZ-Australia's Neometals rises on MoU deal with Rio Tinto unit** Shares of Neometals NMT.AX rise as much as 8.7% to A$0.075, their highest levels since June 17 ** The battery materials producer says it has signed a memorandum of understanding with a unit of iron ore miner Rio Tinto RIO.AX ** Says MOU was to collaborate to explore an energy transition technology** Stock down 8% this year, including the day's move  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250626:nL4N3ST01L:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1064927863.SGD","LU0898667661.SGD","IE00BWDBJ516.SGD","LU0011963245.USD","LU0345777659.USD","SG9999001143.SGD","LU0456854461.SGD","BK7507","LU0075056555.USD","IE0034235071.USD","LU0654597011.USD","IE00BQJZX424.USD","LU1023059493.AUD","RIO.UK","LU0345777147.USD","LU0171293334.USD","LU0505663152.USD","LU0630314457.HKD","BK5111","LU0955669360.SGD","BK7095","BK7511","LU0612318385.USD","LU0345781412.USD","NMT.AU","LU0831103253.SGD","SG9999002521.SGD","LU1078025761.USD","LU0345780950.USD","LU1430597077.USD","IE00B3M56506.USD","LU0330918003.SGD","RIO.AU","LU0788109121.HKD","BK7504","LU0612318971.USD","LU1130305938.SGD","LU0266512127.USD"],"gpt_icon":0},{"id":"2546228452","title":"ASX 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ALERT-Barrambie Gold Mineral Resource Estimate-NMT.AX","url":"https://stock-news.laohu8.com/highlight/detail?id=2546598552","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546598552?lang=en_us&edition=fundamental","pubTime":"2025-06-25 06:20","pubTimestamp":1750803617,"startTime":"0","endTime":"0","summary":"https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250624:nASX2vYrq8","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250624:nASX34R5gv:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7504","NMT.AU","BK7095"],"gpt_icon":0},{"id":"2544006706","title":"Besra Gold Inc. Appoints David Potter as Independent Non-Executive Chair","url":"https://stock-news.laohu8.com/highlight/detail?id=2544006706","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2544006706?lang=en_us&edition=fundamental","pubTime":"2025-06-17 03:31","pubTimestamp":1750102266,"startTime":"0","endTime":"0","summary":"Besra Gold Inc. has announced the appointment of David Potter as the new Independent Non-Executive Chair. Mr. Potter brings over 30 years of experience in the resource sector, having previously held executive roles at Reed Resources, Excelsior Gold, and Round Oak Minerals. He is currently a private consultant in the resource sector, advising on technical, finance, and strategic matters.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Besra Gold Inc. published the original content used to generate this news brief via Newsfile  on June 16, 2025, and is solely responsible for the information contained therein.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250616:nNDL903Vjx:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7095","NMT.AU","BK7110","GMD.AU","BK7104","BK7504","AIS.AU","BEZ.AU"],"gpt_icon":0},{"id":"2533424329","title":"Estrella Launches Legal Action Against WIN, Auric, Neometals Over Lithium Royalty","url":"https://stock-news.laohu8.com/highlight/detail?id=2533424329","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533424329?lang=en_us&edition=fundamental","pubTime":"2025-05-05 07:45","pubTimestamp":1746402340,"startTime":"0","endTime":"0","summary":"Estrella Resources  has started legal proceedings in the Supreme Court of Western Australia against WIN Metals , Auric Mining  and unit Widgie Gold, and Neometals  over a dispute concerning lithium royalties, according to a Friday filing with the Australian bourse.The proceedings focus on Estrella's entitlement to royalties from lithium-bearing ore extracted from M15/87, a granted mining lease which contains the Munda gold project in Western Australia.In March 2018, the company sold its unit, Mt Edwards Critical Metals, to Neometals for up to AU$2.7 million.Under the deal, Neometals had agreed to pay Estrealla a royalty in the amount of AU$0.50 per tonne of 75% of the amount of lithium-bearing ore processed from the tenements.However, in September 2024, the company said, Mt Edwards Critical Metals completed a transaction with WIN and Auric, selling part of its lithium interest in Mining Lease M15/87 to Auric and its unit, Widgie Gold.Estrella claimed this sale breached the royalty deed","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7507","WIN","BK7104","BK1216","LU0149534421.HKD","WIN.AU","NMT.AU","01821","LU0607220059.USD","BK7095","PLS.AU","XJO.AU","BK7504","ESR.AU","XKO.AU","AWJ.AU","XAO.AU"],"gpt_icon":0},{"id":"2532323009","title":"BRIEF-Auric Mining Says Estrella Resources Issued Writ Against Co & Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2532323009","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532323009?lang=en_us&edition=fundamental","pubTime":"2025-05-01 22:45","pubTimestamp":1746110725,"startTime":"0","endTime":"0","summary":"BRIEF-Auric Mining Says Estrella Resources Issued Writ Against Co & UnitMay 1  - Auric Mining Ltd AWJ.AX:ESTRELLA RESOURCES ISSUED WRIT AGAINST AURIC AND ITS UNIT WHO IS REGISTERED HOLDER OF MUNDA TENEMENT, M15/87WRIT SPECIFIES VARIOUS CLAIMS AND DEMANDS AGAINST CO, OTHERS IN RESPECT OF LITHIUM RIGHTS AND ENTITLEMENT TO A LITHIUM ROYALTYESTRELLA RESOURCES ALSO ISSUED WRIT AGAINST NEOMETALS, WIN METALS AND WIN METALS' UNITFurther company coverage: AWJ.AX ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250501:nFWN3R90MR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AWJ.AU","BK7095","BK7104","ESR.AU","BK7504","WIN.AU","NMT.AU"],"gpt_icon":0},{"id":"2526588340","title":"Neometals Focuses on Gold Exploration at Western Australia Gold Project","url":"https://stock-news.laohu8.com/highlight/detail?id=2526588340","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526588340?lang=en_us&edition=fundamental","pubTime":"2025-04-10 14:39","pubTimestamp":1744267159,"startTime":"0","endTime":"0","summary":"Neometals  is continuing gold exploration and development activities at its Barrambie gold project in Western Australia, focused on the Ironclad prospect, leveraging existing infrastructure with key workstreams across exploration, permitting, and strategic partnerships for mining and processing being progressed, according to a Thursday Australian bourse filing.Its strategic priorities include targeting near-term development with offsite processing options to facilitate early revenue streams and positioning gold as a hedge against volatility risks in the battery metals markets, per the filing.Its shares jumped 15% on market close on Thursday.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["XKO.AU","XAO.AU","BK7095","XJO.AU","NMT.AU","BK7504","BK4168","WRN"],"gpt_icon":0},{"id":"2523958497","title":"Breakthrough Minerals accelerates high-grade gold strategy with Errolls acquisition in WA","url":"https://stock-news.laohu8.com/highlight/detail?id=2523958497","media":"Small Caps","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523958497?lang=en_us&edition=fundamental","pubTime":"2025-03-31 10:06","pubTimestamp":1743386819,"startTime":"0","endTime":"0","summary":"Breakthrough Minerals  intends to move quickly to target additional high-grade, shallow gold mineralisation at its newly acquired Errolls gold project in the prospective Murchison region of Western Australia.The company has signed an agreement to acquire a 100% interest in Errolls, which has historical production of 5,000 ounces at 17.6 grams per tonne with limited modern exploration.The deal includes exploration licence E57/996 and mining lease application M57/653, covering a series of high-grade gold zones in a proven gold exploration region.Executive director Peretz Schapiro said the Errolls acquisition – which the company expects to complete in early June – was a company-making one for Breakthrough.“The Errolls gold project delivers exactly what investors are looking for—shallow, high-grade gold with walk-up drill targets in a world-class jurisdiction,” he said.Breakthrough has already submitted a program of work for the project, which sits adjacent to and on the same greenstone be","market":"hk","thumbnail":"https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/03/Breakthrough-Minerals-ASX-BTM-acquisition-100-Errolls-Gold-Project.jpg","type":0,"news_type":0,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/03/Breakthrough-Minerals-ASX-BTM-acquisition-100-Errolls-Gold-Project.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://smallcaps.com.au/breakthrough-minerals-accelerates-gold-strategy-errolls-acquisition/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"smallcap_stock","symbols":["MTX","BK4109","NMT.AU","BK7504","BK7095","BK7083","BTM.AU"],"gpt_icon":0},{"id":"2519884612","title":"BRIEF-Neometals Posts HY Loss Attributable A$11.4 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2519884612","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519884612?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:27","pubTimestamp":1741861679,"startTime":"0","endTime":"0","summary":"BRIEF-Neometals Posts HY Loss Attributable A$11.4 MlnMarch 13 (Reuters) - Neometals Ltd NMT.AX:HY LOSS ATTRIBUTABLE A$11.4 MILLIONFurther company coverage: NMT.AX ((Reuters.Briefs@thomsonreuters.com;;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nFWN3PV1GD:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7504","NMT.AU","BK7095"],"gpt_icon":0},{"id":"2511639925","title":"Neometals to Provide Funding, Services to Novana for Finnish Vanadium Recovery Project","url":"https://stock-news.laohu8.com/highlight/detail?id=2511639925","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511639925?lang=en_us&edition=fundamental","pubTime":"2025-02-14 14:13","pubTimestamp":1739513599,"startTime":"0","endTime":"0","summary":"Neometals  announced the execution of a project agreement providing additional funding and services to Novana, in which it holds an indirect stake of 87.1% through Recycling Industries Scandinavia, according to a Friday Australian bourse filing.Novana is commercializing Neometals' vanadium recovery process through the development of the Finnish vanadium recovery project, the filing.Recycling Industries executed a project agreement with EIT RawMaterials to provide a second tranche of funding to support the development of the project.Under the agreement, EIT RawMaterials will provide Novana with a second capital injection of 494,000 euros in grant funding and in turn, be issued an additional 1.1% stake in Recycling Industries at a pre-money valuation of 50 million euros. This will bring its stake in the firm to 2.2%.The firm's shares rose over 8% on market close on Friday.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["NMT.AU","BK7504","BK7095"],"gpt_icon":0}],"pageSize":20,"totalPage":1,"pageCount":1,"totalSize":17,"code":"91000000","status":"200"}]}}