Metallium Secures Binding Exclusive Rights to Treat Heavy REE-Rich Harts Range Project Following Exceptional Upgrade of Raw Ore from the Project after Flash Joule Heating (FJH) Treatment

Core Insights - Metallium Ltd. has achieved a significant advancement in rare-earth refining, increasing Total Rare Earth Oxides (TREO) from 1.7% to 35.0%, representing an approximate 20% upgrade in a single step flash process [1] - The company has also reported a 53x enrichment of Dysprosium (Dy) and a 21x enrichment of Terbium (Tb) through this new treatment [1] - This development is part of a collaboration with New Frontier Minerals, Ltd., aimed at establishing a Western heavy-rare-earth refining pathway [1] Company Developments - Metallium Ltd. is focused on enhancing its rare-earth refining capabilities through innovative processes [1] - The collaboration with New Frontier Minerals, Ltd. marks a strategic move to strengthen its position in the rare-earth market [1] Industry Implications - The advancements in refining processes could lead to increased competitiveness in the rare-earth sector, particularly in Western markets [1] - The significant enrichment ratios achieved may attract further investment and interest in rare-earth projects [1]