Primobius and Stelco extend option agreements for LiB recycling plant

Primobius GmbH, a joint venture of Neometals and SMS group, revised its technology license and option agreements with Stelco Holdings Inc., extending the option exercise timeline for Primobius to acquire 25-50% equity in Stelco's SPV for a lithium-ion battery recycling plant in Hamilton, Canada.

“Primobius has the right to acquire between 25% and 50% of the equity in the Stelco SPV (a Canadian domiciled corporation) on or before 31 December 2023.”investegate.co.uk

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• investegate.co.ukInvestegate | Company AnnouncementInvestegateJan 6, 2023

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