Neometals Ltd Annual General Meeting - Withdrawal of Resolution (9827T)
20 11월 2023 - 6:20PM
UK Regulatory
TIDMNMT
RNS Number : 9827T
Neometals Ltd
20 November 2023
20 November 2023
Neometals Ltd
("Neometals" or "the Company")
Neometals Annual General Meeting - Withdrawal of Resolution
Innovative battery materials recycler, Neometals Ltd (ASX: NMT
& AIM: NMT) ("Neometals" or "the Company"), advises that the
Board has determined that it is appropriate to withdraw the
following resolution referred to in the Neometals Notice of Annual
General Meeting ("AGM")[1] for the consideration at the Company's
AGM to be held on Friday 24(th) November 2023:
-- Resolution 4 - Approval of increase to maximum aggregate
remuneration of non-executive directors.
The decision was taken by the Board after due regard to
sentiment evident in preliminary proxy voting returns.
Resolution 4 was designed to better enable the Company's future
board succession planning arrangements and its withdrawal is not
anticipated to have any material impact.
The validity of proxy forms provided in connection with the AGM
and all proxies already submitted by shareholders in respect of the
other proposed resolutions at the AGM remain unaffected by the
withdrawal.
All other items of business included in the Notice of Meeting
provided to shareholders remain unaffected and will be put to
shareholders at the AGM.
Authorised on behalf of Neometals by the Board of Directors of
the Company.
For more information, please contact:
Neometals Ltd
Chris Reed, Managing Director & Chief Executive
Officer +61 8 9322 1182
Jeremy McManus, General Manager - IP & IR +61 8 9322 1182
Cavendish Securities plc - NOMAD & Joint
Broker
Neil McDonald +44 (0)131 220 9771
Peter Lynch +44 (0)131 220 9772
Adam Rae +44 (0)131 220 9778
RBC Capital Markets - Joint Broker +44 (0) 20 7653 4000
Paul Betts
Jamil Miah
+ 44(0) 20 3 757
Camarco PR 4980
Gordon Poole
Emily Hall
Lily Pettifar
About Neometals
Neometals has developed and is commercialising three
environmentally-friendly processing technologies that produce
critical and strategic battery materials at lowest quartile costs
with minimal carbon footprint.
Through strong industry partnerships, Neometals is demonstrating
the economic and environmental benefits of sustainably producing
lithium, nickel, cobalt and vanadium from lithium-ion battery
recycling and steel waste recovery. This reduces the reliance on
traditional mine-based supply chains and creating more resilient,
circular supply to support the energy transition.
The Company's three core business units are exploiting the
technologies under principal, joint venture and licensing business
models:
-- Lithium-ion Battery ("LiB") Recycling (50% technology) -
Commercialisation via Primobius GmbH JV (NMT 50% equity). All
plants built by Primobius' co-owner (SMS group 50% equity), a
150-year-old German plant builder. Providing recycling service as
principal in Germany and commenced plant supply and licensing
activities as technology partner to Mercedes-Benz. Primobius
targeting first commercial 21,000 tpa plant offer to Canadian
company Stelco in the DecQ 2023;
-- Lithium Chemicals (70% technology) - Commercialising patented
ELi(TM) electrolysis process, co-owned 30% by Mineral Resources
Ltd, to produce battery quality lithium hydroxide from brine and/or
hard-rock feedstocks at lowest quartile operating costs. Co-funding
Pilot Plant trials in 2023 with planned Demonstration Plant trials
and evaluation studies in 2024 for potential 25,000tpa LiOH
operation in Portugal under a 50:50 JV with related entity to
Bondalti, Portugal's largest chemical company; and
-- Vanadium Recovery (100% technology) - aiming to produce
high-purity vanadium pentoxide from processing of steelmaking
by-product ("Slag") at lowest-quartile operating cost. Targeting
partnerships with steel makers and participants in the vanadium
chemical value chain under a low risk / low capex technology
licensing business model.
For further information visit www.neometals.com.au
[1] For full details refer to Neometals ASX announcement
headlined "Notice of Annual General Meeting" released on 23(rd)
October 2023.
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END
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November 20, 2023 04:20 ET (09:20 GMT)
Neometals (LSE:NMT)
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부터 4월(4) 2024 으로 5월(5) 2024
Neometals (LSE:NMT)
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부터 5월(5) 2023 으로 5월(5) 2024