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MTM Critical Metals (MTMCF) has announced two significant developments in sustainable metal recovery: a breakthrough in e-waste processing and a major supply agreement. Using their proprietary Flash Joule Heating (FJH) technology, the company achieved exceptional metal recovery rates from electronic waste, including 551 g/t of gold, 2,804 g/t of silver, and 42% copper.
The company secured a five-year Letter of Intent with Dynamic Lifecycle Innovations for the supply of minimum 700 tons per annum of E-Scrap. The technology demonstrated recovery rates exceeding 95% for gold and titanium, and over 90% for silver, tin, and zinc, converting them into water-soluble metal chlorides through a single-step, acid-free process.
MTM Critical Metals (MTMCF) has signed a non-binding memorandum of understanding with Vendanta to explore the use of MTM's patented Flash Joule Heating (FJH) Technology for recycling red mud (bauxite tailings) waste.
The collaboration aims to recover valuable metals including iron, alumina, titanium, gallium, scandium, and rare earths from Vendanta's red mud deposits. Initial pilot studies have already demonstrated successful iron reduction. The processed material could also be used to manufacture 'green' cement with a lower CO2 footprint.
The 12-month MOU involves no immediate financial obligations. Future agreements will address feedstock supply, processing costs, revenue-sharing, and licensing arrangements based on technical and commercial viability assessments. Globally, over 4 billion tons of red mud waste containing valuable metals currently sit in hazardous tailings deposits.
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