HIGHLIGHTS
Neometals Ltd (ASX: NMT) ("Neometals" or "the Company") and leading mining services provider Mineral Resources Limited (ASX: MIN) ("MIN") advise that their 70:30 co-owned company, Reed Advanced Materials Pty Ltd ("RAM"), has agreed with Livent USA Corp. (a subsidiary of the Rio Tinto Group) ("Rio Tinto") to extend the term of their Memorandum of Understanding ("MoU") which establishes a non-binding framework for RAM and Rio Tinto to collaborate on validating and advancing RAM’s lithium processing technology (the ELi ProcessTM), including optimisation testwork, process-design updates and field trials on Rio Tinto’s lithium brine assets.
The MoU was executed on 24 June 2025 and had an initial term of eight months, with scope for the parties to extend it or terminate earlier by mutual written agreement. The parties have agreed to extend the MoU for a further twelve months to allow additional time to:
• complete testing of new brine feedstock from Rio Tinto’s existing brine operations; and
• incorporate Industrie De Nora S.p.A. and its subsidiary De Nora Permelec Ltd (together "De Nora") into the ELi Process™ pilot-scale validation program, including integration of De Nora’s electrolysis equipment into RAM’s process flowsheet.
RAM and De Nora recently entered into a collaboration agreement to jointly design, build and commission a pilot plant integrating De Nora’s electrolysis system with RAM’s ELi Process™, with the objective of advancing the integrated solution toward industrial validation at an end-user site (subject to Rio Tinto approvals, where applicable).1
To read the full announcement, please click here
About us:
About Neometals
Neometals’ purpose is to deliver stakeholder value by enabling the sustainable production of critical and valuable materials essential for a cleaner future. The Company is commercialising a portfolio of low-cost sustainable processing solutions for critical materials in parallel with the exploration and development of mining operations at its Barrambie Gold Project.
Contact details:
For more information, please contact:
Managing Director/CEO
Neometals Ltd
T +61 8 9322 1182
Managing Director
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