Neometals Ltd (RRSSF)
Neometals Ltd operates in the Industrial Materials industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.06, down 14.29% on the session, giving a market capitalisation of $43.3M. On trailing twelve-month figures it carries a trailing P/E of -0.85, a net margin of 0.0%. Its beta of 1.29 implies it has historically moved more than the broad market.
Neometals Ltd, an Australian enterprise established in 2001 and headquartered in West Perth, specializes in mineral exploration and resource development. The company’s operations are segmented into Lithium, Titanium/Vanadium, and other areas. Its key initiatives include a Lithium-ion Battery Recycling project, focused on extracting cobalt and other valuable components from depleted lithium batteries; a Vanadium Recovery venture that processes steel manufacturing by-products into vanadium pentoxide; a Lithium Refinery development; and the Barrambie Titanium and Vanadium project situated in Western Australia. The firm operated as Reed Resources Ltd until its rebranding to Neometals Ltd in December 2014.
Neometals Ltd is most often compared with the following Basic Materials names: