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Neometals Ltd (NMT)

Sydney
Currency in AUD
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NMT Comments

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Neometals [ASX:NMT] OTCPK:RDRUY) (OTCPK:RRSSF) Neometals 100% own the Barrambie Titanium Vanadium Iron Project in Western Australia. Barrambie's Eastern Band is one of the highest grade hard rock titanium deposits globally. Barrambie Titanium and Vanadium Project "Identification of preferred flowsheet / development structure which produces titanium-rich gravity concentrate on site for downstream processing in China into chloride ilmenite and vanadium-rich magnetite. "Successful demonstration of Neometals’ proprietary vanadium recovery flowsheet in continuous mini-pilot test work campaign. Exceptional product purity of greater than 99.5% V2O5. Vanadium recoveries exceeding 75%. Leach residence times reduced by 50% from Scoping Study design - positive implications for capital costs. Preliminary feasibility study (“PFS”) manager appointed, targeting completion in June 2021." https://seekingalpha.com/article/4391884-vanadium-miners-news-for-month-of-november-2020
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