Neometals JV Agrees to Extend Lithium Processing Technology Collaboration With Rio Tinto Unit; Neometals Shares Fall 3%

MT Newswires Live09:57

Neometals (ASX:NMT) said that Reed Advanced Materials agreed with Livent USA, a unit of the Rio Tinto Group (ASX:RIO), to extend the term of their memorandum of understanding establishing a non‑binding framework for Reed and Rio Tinto to collaborate on validating and advancing Reed's lithium processing technology, according to a Thursday Australian bourse filing.

Reed is 70:30 co-owned by Neometals with Mineral Resources (ASX:MIN).

The process includes optimization test work, process‑design updates, and field trials on Rio Tinto's lithium brine assets, the filing said. The memorandum had an initial term of eight months, and the companies agreed to extend it for a further 12 months.

This will allow time for the completion of testing of new brine feedstock from Rio Tinto's existing brine operations, and the incorporation of Industrie De Nora and its unit, De Nora Permelec, into the ELi Process pilot-scale validation program, including integration of De Nora's electrolysis equipment into Reed's process flowsheet, the filing said.

Neometals' shares fell past 3% in recent trading on Thursday, while Rio Tinto's shares shed about 1%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2609343284?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-05 09:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609343284","market":"us","top_or_hot":-1,"title":"Neometals JV Agrees to Extend Lithium Processing Technology Collaboration With Rio Tinto Unit; Neometals Shares Fall 3%","media":"MT Newswires Live","content":"<html><body><p> Neometals (ASX:NMT) said that Reed Advanced Materials agreed with Livent USA, a unit of the <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> Group (ASX:RIO), to extend the term of their memorandum of understanding establishing a non‑binding framework for Reed and <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto</a> to collaborate on validating and advancing Reed's lithium processing technology, according to a Thursday Australian bourse filing.</p><p>Reed is 70:30 co-owned by Neometals with Mineral Resources (ASX:MIN).</p><p>The process includes optimization test work, process‑design updates, and field trials on Rio Tinto's lithium brine assets, the filing said. The memorandum had an initial term of eight months, and the companies agreed to extend it for a further 12 months.</p><p>This will allow time for the completion of testing of new brine feedstock from Rio Tinto's existing brine operations, and the incorporation of Industrie De Nora and its unit, De Nora Permelec, into the ELi Process pilot-scale validation program, including integration of De Nora's electrolysis equipment into Reed's process flowsheet, the filing said.</p><p>Neometals' shares fell past 3% in recent trading on Thursday, while Rio Tinto's shares shed about 1%.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Neometals JV Agrees to Extend Lithium Processing Technology Collaboration With Rio Tinto Unit; Neometals Shares Fall 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNeometals JV Agrees to Extend Lithium Processing Technology Collaboration With Rio Tinto Unit; Neometals Shares Fall 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-02-05 09:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Neometals (ASX:NMT) said that Reed Advanced Materials agreed with Livent USA, a unit of the <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> Group (ASX:RIO), to extend the term of their memorandum of understanding establishing a non‑binding framework for Reed and <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto</a> to collaborate on validating and advancing Reed's lithium processing technology, according to a Thursday Australian bourse filing.</p><p>Reed is 70:30 co-owned by Neometals with Mineral Resources (ASX:MIN).</p><p>The process includes optimization test work, process‑design updates, and field trials on Rio Tinto's lithium brine assets, the filing said. The memorandum had an initial term of eight months, and the companies agreed to extend it for a further 12 months.</p><p>This will allow time for the completion of testing of new brine feedstock from Rio Tinto's existing brine operations, and the incorporation of Industrie De Nora and its unit, De Nora Permelec, into the ELi Process pilot-scale validation program, including integration of De Nora's electrolysis equipment into Reed's process flowsheet, the filing said.</p><p>Neometals' shares fell past 3% in recent trading on Thursday, while Rio Tinto's shares shed about 1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MIN.AU","symbol_name":"MINERAL RESOURCES LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2609343284","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609343284","pubTimestamp":1770256651,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Neometals  said that Reed Advanced Materials agreed with Livent USA, a unit of the Rio Tinto Group , to extend the term of their memorandum of understanding establishing a nonbinding framework for Reed and Rio Tinto to collaborate on validating and advancing Reed's lithium processing technology, according to a Thursday Australian bourse filing.Reed is 70:30 co-owned by Neometals with Mineral Resources .The process includes optimization test work, processdesign updates, and field trials on Rio Tinto's lithium brine assets, the filing said. The memorandum had an initial term of eight months, and the companies agreed to extend it for a further 12 months.This will allow time for the completion of testing of new brine feedstock from Rio Tinto's existing brine operations, and the incorporation of Industrie De Nora and its unit, De Nora Permelec, into the ELi Process pilot-scale validation program, including integration of De Nora's electrolysis equipment into Reed's process flowsheet, the fi","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MIN.AU":"MINERAL RESOURCES LTD","BK7511":"ESG概念","BK7095":"多种金属与采矿","BK7504":"锂钴概念","NMT.AU":"NEOMETALS LTD","BK7507":"资源股","RIO.AU":"力拓"},"translate_title":"Neometals合资企业同意扩大与力拓子公司的锂加工技术合作；Neometals股价下跌3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NMT.AU":1,"MIN.AU":1,"RIO.AU":1.5},"content_text":"Neometals (ASX:NMT) said that Reed Advanced Materials agreed with Livent USA, a unit of the Rio Tinto Group (ASX:RIO), to extend the term of their memorandum of understanding establishing a non‑binding framework for Reed and Rio Tinto to collaborate on validating and advancing Reed's lithium processing technology, according to a Thursday Australian bourse filing.Reed is 70:30 co-owned by Neometals with Mineral Resources (ASX:MIN).The process includes optimization test work, process‑design updates, and field trials on Rio Tinto's lithium brine assets, the filing said. The memorandum had an initial term of eight months, and the companies agreed to extend it for a further 12 months.This will allow time for the completion of testing of new brine feedstock from Rio Tinto's existing brine operations, and the incorporation of Industrie De Nora and its unit, De Nora Permelec, into the ELi Process pilot-scale validation program, including integration of De Nora's electrolysis equipment into Reed's process flowsheet, the filing said.Neometals' shares fell past 3% in recent trading on Thursday, while Rio Tinto's shares shed about 1%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2609343284","isCrawlerRequest":true}