Neometals Secures Recycling Plant Cooperation Agreement With Mercedes-Benz
May 13 2022 - 3:06AM
Dow Jones News
By Kyle Morris
Neometals Ltd. said Friday that it has secured a cooperation
agreement for a recycling plant with a Mercedes-Benz
subsidiary.
The mineral project developer said the agreement for its battery
recycling joint venture Primobius is conditional upon
Mercedes-Benz's subsidiary Licular issuing a purchase order for the
engineering, supply and installation of the necessary equipment for
the recycling plant.
The agreement follows a Mercedes-Benz statement in March,
highlighting Primobius as its technology partner for the design and
construction of a lithium-ion battery recycling plant.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
May 13, 2022 02:51 ET (06:51 GMT)
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