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Flash Metals, Glencore sign e-scrap supply agreement
Yahoo Finance· 2026-01-05 14:51
Group 1 - Metallium has entered into a binding e-scrap supply agreement with Glencore, allowing for the supply of up to 2,400 tonnes per annum of e-scrap for its US operations [1][2] - This agreement marks a significant commercial milestone for Metallium, transitioning the company from development to commercial commissioning and execution [2][5] - The multi-year supply arrangement with Glencore provides Metallium with the throughput certainty necessary to expand its US operations and supports the rollout of multiple production lines [3][4] Group 2 - The agreement enhances Metallium's position in the US critical materials recycling sector, facilitating closer collaboration with downstream refiners and strategic partners [4] - Metallium's CEO emphasized the importance of this agreement for securing consistent, high-quality feedstock, which is crucial for the company's processing technology [5] - While specific terms of the agreement were not disclosed, they are standard for Glencore's secondary-materials supply arrangements, underscoring the strategic importance of the deal [6]