Date: Nov 19, 2018

BEIJING (Asian Metal) 19 Nov 18 – On November 16, Australian-based Neometals Ltd. announced the formal commencement of an update to its 2009 Definitive Feasibility Study (“DFS”) that considered primary vanadium production from the traditional salt roast-leach operation at the Barrambie Vanadium-Titanium-Magnetite (“VTM”) project. The updated DFS will be JORC 2012 compliant based on the latest Neometals 2018 Mineral Resource Estimate.

Barrambie is one of the world’s highest-grade hard rock titanium deposits and hosts one of the largest vanadium projects globally. The updated study will examine staged development options including offshore processing of crushed ore, onsite production of a high-grade concentrate for sale, and refining to produce vanadium chemical products.

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