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Neometals (NMT) investor relations material

Neometals AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary27 Nov, 2025

Opening remarks and agenda

  • Acknowledgement of traditional land, welcome to attendees both in-person and online, and confirmation of quorum for the meeting.

  • Notice of meeting was sent to all shareholders, and procedural instructions for participation and voting were provided.

Board and executive committee updates

  • Introduction of board members, including new appointee Greg Evans, and recognition of retiring directors Doug Ritchie and Dr. Jenny Purdy.

  • Significant organizational restructuring reduced overheads and headcount by over 40% to optimize value and efficiency.

  • Board succession planning is ongoing, with further changes expected over 2026 and beyond.

Financial performance review

  • Share price has recently traded in the single-digit range, reflecting sector challenges.

  • Over AUD 31 million invested in the Primobius JV, with a strategic exit negotiated to recover value and reduce risk.

  • Around $50 million spent on the Barrambie project to date, with the asset currently valued at $12 million in accounts.

  • No profit revenue generated over the company's 22-year life, but value has been realized through project exits.

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Frequently asked questions

Neometals Ltd is an Australia-based company focused on the production of sustainable battery materials. The company has pioneered a suite of environmentally friendly processing technologies aimed at reducing reliance on traditional mining and processing methods, thereby supporting circular economic principles. Neometals' core operations are segmented into three main areas: Recycling and Resource Recovery, which includes lithium-ion battery recycling through its joint venture Primobius GmbH; Lithium Chemicals, focusing on the commercialization of a patented electrolysis process for producing battery-quality lithium hydroxide; and Vanadium Recovery, targeting the sustainable production of high-purity vanadium pentoxide. Additionally, Neometals holds a 100% equity stake in the Barrambie Titanium and Vanadium Project, known as one of the world's highest-grade hard-rock titanium-vanadium deposits. The company is headquartered in West Perth, Australia, and its shares are listed on the ASX.

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