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Neometals Ltd - London-based battery materials from upstream extraction and downstream processing - Notes that the cooperation agreement between its joint venture with SMS group GmbH, Primobius GmbH, and Mercedes-Benz AG's subsidiary Licular GmbH has now become legally binding. Primobius will enter into a long-term research and development collaboration for recycling cell formats and chemistries, and will provide a non-exclusive technology licence for the recycling plant, staff training and plant management to Licular.
Neometals current stock price: 59.00 pence, up 6.3% on Tuesday
12-month change: down 18%
Mercedes-Benz current stock price: €52.67
12-month change: down 14%
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