Neometals Ltd is pleased to announce that its joint venture company, Primobius GmbH, has received a purchase order from Mercedes-Benz for the supply of a hydrometallurgical refining Hub. This Hub will be installed at the Kuppenheim operation in Germany to complete the lithium-ion battery recycling facility currently under construction. The purchase order covers the fabrication, installation, and commissioning of the Hub, which will refine intermediate products from the 2,500tpa shredding Spoke being fabricated for Mercedes under a previous purchase order.
Primobius, a battery recycling joint venture company owned 50:50 by Neometals and SMS group GmbH, is commercializing a patented LiB recycling process through a plant supply and technology licensing business model. This development marks a significant step forward in the sustainable production of battery materials. For more details, the ASX announcement can be accessed through the provided link.