viewNeometals Ltd

Neometals non-executive director purchases 25,000 shares on-market

The company’s key assets are its lithium-ion battery recycling project, lithium refinery project, and its Barrambie Titanium Vanadium Project.

Neometals shares last traded at a price of 22 cents each

Neometals Ltd (ASX:NMT) non-executive director Les Guthrie has indirectly purchased 25,000 ordinary shares on-market at a price of 22 cents each share.

The transaction brings Guthrie’s total holding to 25,000 ordinary shares.

READ: Neometals appoints experienced executive to drive lithium projects

Recently mining executive Matthew Read was appointed general manger of Neometals’ lithium projects.

Read will be driving the company’s feasibility and engineering studies at its core lithium related projects such as its lithium-ion battery recycling project and lithium refinery project.

He spent two years as head of projects for Tianqi, overseeing the development of its lithium hydroxide facility in Western Australia.

This is part of his 20-plus years’ experience in the resources industry that includes project and commercial roles at companies including Tianqi, BHP and Roy Hill.

Quick facts: Neometals Ltd

Price: 0.19 AUD

Market: ASX
Market Cap: $103.62 m

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Neometals secures lithium offtake and potential feedstock from Mt Marion...

Neometals Ltd (ASX:NMT) managing director Chris Reed updates Proactive Investors on the lithium developer’s recent divestment of its Mt Marion Lithium Project for $103.8 million.   As part of the sale agreement, Neometals has secured a binding life-of-mine annual offtake option...

on 27/3/19

2 min read