Neometals Ltd (ASX: NMT) is a Western Australian minerals project developer with a market capitalisation of approximately $183 million. Lithium and titanium are the currently two metals which drive Neometals' business.
The company's strategy is to develop world class resources using strong operating partners and to return those financial rewards to its shareholders.
One of Neometals' key projects is the Mt Marion Lithium Project. Neometals owns a 13.8% stake in this high-grade lithium project, located 35km south west of Kalgoorlie. It is also a globally significant project with many future decades of production left, and assured life of mine offtake arrangements.
The other joint venture partners in this Mt Marion Project include Mineral Resources Ltd (ASX: MIN) and one of China's largest lithium producers, Jiangxi Ganfeng Lithium Co., Ltd.