Neometals Ltd. announced the material progress made by Primobius GmbH ("Primobius"), the joint venture ("JV") company owned 50:50 by Neometals and SMS group GmbH ("SMS group"), with its strategy to fast-track commercial operations in Hilchenbach Germany. Primobius has successfully commissioned the newly expanded shredding and beneficiation circuit of its demonstration plant. This enables the commencement of a 10tpd battery disposal recycling service in First Quarter 2022 ("10tpd Shredding Plant"). Primobius is continuing its operational readiness activities ahead of the receipt of its Federal environmental (emissions) licence and commercial battery disposal agreements to ensure feed supply for the operation. As foreshadowed by Neometals the fast tracking of commercial activities is a direct response to the demands of the EV and cell manufacturers immediate demand for safe disposal services (for full details refer to Neometals ASX announcement entitled "Primobius to fast-track commercial battery recycling operations" released on the 19th August 2021). A recycling service which can be expanded in scale and scope to include a sustainable hydrometallurgical refinery to recover and regenerate battery-grade metal sulphate chemicals for re-use in new battery production, satisfying their ambitions and future regulatory requirements to `close the loop'. Primobius 10tpd Shredding Plant will generate revenues from the receipt of fees to dispose of the batteries and the sale of intermediate active materials ("Black Mass") and further de-risk the technology by demonstrating its operational capability at a commercial scale. Primobius' strategy is to aggressively secure market share through focusing on potential partners and customers with direct access to large volumes of feedstock. The company's flexible business model can deliver a multiple spoke and hub plant configuration recycling solutions at the scale, location and timing required.