Neometals (OTCMKTS:RDRUY) Shares Up 1.2% – Here’s Why

Neometals Ltd (OTCMKTS:RDRUY)’s share price traded up 1.2% on Wednesday . The company traded as high as C$0.38 and last traded at C$0.38. 1,000 shares were traded during mid-day trading, an increase of 64% from the average session volume of 611 shares. The stock had previously closed at C$0.38.

Neometals Stock Performance

The firm’s fifty day moving average price is C$0.42 and its 200-day moving average price is C$0.40.

About Neometals

Neometals Ltd (OTCMKTS: RDRUY) is a Australia-based company specializing in sustainable battery materials and resource recovery. The company’s core activities span lithium refining and vanadium extraction from mineral sands, as well as commercial‐scale lithium‐ion battery recycling. Neometals leverages proprietary technologies to recover critical metals from both ore deposits and end‐of‐life batteries, aiming to support cleaner energy markets and reduce reliance on traditional mining practices.

One of Neometals’ flagship initiatives is its partnership with SMS group GmbH through the Primobius joint venture, which operates a demonstration lithium‐ion battery recycling plant in Germany.