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Metallium Secures Exclusive Options for Additional U.S. Sites in Massachusetts and Virginia for E-Waste Metal Recovery
Prnewswire· 2025-08-21 12:14
Join Inaugural Site in Texas as Company Launches Multi-State U.S. Expansion HOUSTON, Aug. 21, 2025 /PRNewswire/ -- Metallium Ltd., (ASX: MTM; OTCQX: MTMCF) announced it has obtained exclusive options to lease two additional U.S. sites permitted for electronic waste processing as part of its multi-state scale-up strategy for deployment and commercialization of its Flash Joule Heating (FJH) metal recovery systems for e-waste.The two U.S. sites, subject to exclusive lease option agreements, are in Westport, Ma ...
MTM Critical Metals Secures Supply Agreement for E-Waste and Announces Breakthrough Recovery of Ultra-High-Grade Gold and Other High-Value Metals from E-Scrap
Prnewswire· 2025-04-09 13:00
Core Insights - MTM Critical Metals has achieved a breakthrough in sustainable metal recovery, extracting ultra-high-grade gold at 551 g/t and other valuable metals from electronic waste [1][2] - The company has signed a Letter of Intent for a five-year supply agreement with Dynamic Lifecycle Innovations, ensuring a minimum supply of 700 tons per annum of E-Scrap [1][3] Technology and Recovery Process - Utilizing proprietary Flash Joule Heating (FJH) technology, the company recovered gold and silver concentrations of 551 g/t and 2,804 g/t respectively, with copper recovery at 42% [2] - The recovery process is efficient, achieving over 95% recovery of gold and titanium, and more than 90% recovery of silver, tin, and zinc into water-soluble metal chlorides, without toxic waste [2] Supply Agreement and Commercialization - The long-term supply agreement with Dynamic Lifecycle Innovations is crucial for ensuring a consistent feedstock supply, which is fundamental for the commercial rollout of the technology [3][4] - The agreement is seen as a pivotal milestone in the company's commercialization journey, providing both technology and supply chain support for future strategic partnerships [4] Company Background - MTM Critical Metals is based in Perth, Western Australia, and Houston, Texas, specializing in advanced metal recovery technologies [4] - The company’s U.S. subsidiary, Flash Metals USA, holds exclusive licensing rights to the innovative Flash Joule Heating technology developed by Rice University [4] - MTM also possesses exploration assets for niobium, rare earth elements, and gold, located in Western Australia and Quebec [4]