Leading international law firm Herbert Smith Freehills has advised Neometals, a sustainable minerals and advanced materials project developer, on its dual listing by way of admission of its ordinary shares to trading on the AIM market of the London Stock Exchange, to supplement its existing listing on the Australian Securities Exchange.
Neometals develops opportunities in minerals and advanced materials essential for a sustainable future. The company leverages its proprietary, green process technologies to generate battery materials projects with unparalleled exposure to commodities most impacted by the energy storage megatrend. It has a growing suite of sustainable downstream, recovery and recycling projects, supporting the global transition to more circular supply chains and cleaner energy.
The Herbert Smith Freehills team was led by corporate partner Simon Reed in Perth, assisted by Geoff Kerrigan and Sylvia Cao, and by corporate partner Greg Mulley in London, assisted by Thomas Vaughan and Cassie Ayre. Isaac Zailer provided UK tax advice.
Greg Mulley commented:
"The secondary listing on AIM enables Neometals to provide UK and European investors with a way to gain exposure to projects at the heart of recycling and decarbonising supply chains associated with the electric vehicle and energy storage sectors. We are delighted to support our client on this meaningful journey."