By Kyle Morris
Neometals Ltd. said Tuesday that its lithium-ion battery recycling joint venture Primobius has secured an order from Mercedes-Benz's recycling subsidiary for an integrated recycling plant.
The mineral project developer said that Primobius will complete front-end engineering for the shredding section of Licular's recycling plant.
Shares in Neometals at 1249 GMT were up 3.50 pence, or 6.3%, at 59.00 pence.
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(END) Dow Jones Newswires
July 12, 2022 09:12 ET (13:12 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.