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Metallium (OTCQX:MTMCF) has entered into a binding Technology Collaboration Agreement with Ucore Rare Metals to create an integrated rare earth elements (REE) processing solution in the United States. The collaboration combines Metallium's Flash Joule Heating (FJH) technology for feedstock upgrading with Ucore's RapidSX™ separation technology, which is being developed with an $18.4 million U.S. government grant.
The partnership aims to establish a complete feedstock-to-oxide refining pathway, addressing the critical need for REE supply chain independence from China, which currently controls 85% of global rare earth refining capacity. The integration will take place at facilities in Houston and Louisiana, with commercial terms to be determined following immediate testwork.
Metallium's Texas demonstration plant remains on schedule to begin processing e-waste in early 2026, while Ucore continues developing its Strategic Metals Complex in Louisiana.
Metallium (OTCQX: MTMCF), a critical minerals extraction company, has appointed Travis Langster, former U.S. Deputy Assistant Secretary of Defense, to the Advisory Board of its U.S. subsidiary Flash Metals USA. This strategic appointment strengthens the company's position in commercializing its Flash Joule Heating (FJH) technology.
Langster brings extensive experience in defense, aerospace, and semiconductor industries, having led efforts to modernize the U.S. defense industrial base and develop the DoD's Commercial Space Integration Strategy. The appointment follows the recent addition of Greg Bowman to the Advisory Board, as Metallium advances its first commercial plant near Houston with options for facilities in Massachusetts and Virginia.
Metallium (OTCQX: MTMCF) has secured its first Department of Defense SBIR contract through its subsidiary Flash Metals USA. The A$100,000 Phase I contract focuses on applying the company's Flash Joule Heating technology to recover gallium and other valuable metals from LED scrap and waste streams.
The six-month project will be executed in partnership with Rice University's Tour Group. Upon successful completion, the company plans to apply for Phase II funding of up to US$1 million for pilot-scale deployment at their Chambers County, Texas site, followed by Phase III commercial implementation.
This initiative aims to establish domestic gallium recovery capabilities, addressing U.S. national security priorities by reducing dependence on foreign supply chains for critical materials essential in defense, semiconductors, and communications.
Metallium (OTCQX: MTMCF) announced an expanded research collaboration with Rice University to enhance its Flash Joule Heating (FJH) technology's capabilities in rare earth elements (REE) separation. The collaboration aims to develop direct separation of individual REEs, potentially reducing or eliminating the need for traditional solvent extraction (SX) processes.
The company's FJH technology currently provides a more efficient alternative to conventional sulphuric-acid circuits, producing SX-compatible intermediates. This development is particularly significant as over 90% of REE separation capacity is concentrated in China, with recent export restrictions affecting global automotive production.
Metallium has secured its first commercial site in Texas through Flash Metals USA Inc., with plans for additional permitted sites in Massachusetts and Virginia. The company focuses on recovering critical and precious metals from various feedstocks, including refinery waste, scrap, e-waste, and monazite.
Metallium (OTCQX: MTMCF) has secured exclusive lease options for two additional U.S. sites in Massachusetts and Virginia for electronic waste processing, expanding beyond its inaugural Texas facility. The new sites are located at Mid-City Scrap's metals campus in Westport, MA and Recycle Management LLC's facility in Harrisonburg, VA.
Both locations are fully permitted for industrial and e-waste processing at State and Federal levels, potentially accelerating deployment timelines. The sites are strategically positioned within existing scrap yards that process over 20,000 tons of metal waste monthly. The Virginia facility's proximity to the Northern Virginia data center corridor offers access to valuable hyperscale and telecom e-waste streams.
The company's Texas flagship technology campus remains on schedule for commissioning by end-2025, utilizing Metallium's patented Flash Joule Heating (FJH) technology for recovering critical and precious metals from e-waste.
Metallium (OTCQX: MTMCF) has responded to the recently announced $500-million partnership between MP Materials and Apple for recycling rare earth magnets in the United States. CEO Michael Walshe emphasized that this partnership validates the company's strategic direction in building a domestic rare earth supply chain.
The company highlighted several key aspects: strengthening U.S. Department of Defense support providing long-term floor pricing, the emergence of recycling as a core supply stream, and Metallium's complementary role in the supply chain through its patented Flash Joule Heating technology. This innovative process recovers valuable elements including NdPr, DyTb, Gallium, Germanium, Indium, and Gold from various feedstocks while removing low-value elements.
MTM Critical Metals (OTCQX: MTMCF), soon to be renamed Metallium, has upgraded from OTCQB to the OTCQX Best Market, enhancing its visibility to North American investors. The company's U.S. subsidiary, Flash Metals USA, has secured its first commercial site in Texas for recovering valuable materials including gallium, germanium, rare earth elements, gold, and silver from mineral concentrates and e-waste.
The upgrade follows a recent $50 million institutional capital raise and enables easier U.S. dollar trading during local market hours. The company is also considering implementing a Level 1 ADR program to further improve U.S. investor accessibility.
Metallium (OTCQB: MTMCF), formerly MTM Critical Metals, has appointed Gregory L. Bowman to the newly-formed Advisory Board of its US subsidiary, Flash Metals USA. Bowman, currently Chief Strategy Officer at Siemens Government Technologies, brings over 30 years of experience in national security and public-private partnerships.
The appointment is part of Metallium's strategy to build a world-class U.S. Advisory Board as it commercializes its patented Flash Joule Technology (FJH) for recovering critical and precious metals. The company is developing its first commercial plant in Texas, focusing on recovering gallium, germanium, indium, gold, silver, copper, antimony, and chloride intermediates for rare earth elements magnet and semiconductor markets.
MTM Critical Metals Ltd (OTCQB: MTMCF) has announced its rebranding to Metallium Ltd alongside major strategic developments for its U.S. expansion. The company has successfully completed a AU$50 million institutional placement to support its transition into a U.S.-focused industrial technology platform.
The company's core technology, Flash Joule Heating (FJH), enables single-step extraction of critical, strategic, and precious metals from electronic waste and mineral concentrates without using smelting or acids. MTM has secured a Texas Technology Campus with commissioning targeted for Q1 2026, establishing partnerships with industry leaders including Vedanta and Indium Corporation.
The company's U.S. national rollout includes plans for additional facilities in Louisiana, Florida, Nevada, and Ohio to meet growing domestic metal refining demand. The technology processes high-grade e-waste and semiconductor refinery scrap, with offtake agreements already secured.
MTM Critical Metals (OTCQB: MTMCF) has secured A$50 million (US$32.5M) through a two-tranche institutional placement at A$0.55 per share, led by Petra Capital. The company, soon to be renamed Metallium Ltd., will use the funds to accelerate the commercialization of its Flash Joule Heating (FJH) technology in the US.
The FJH technology, exclusively licensed from Rice University, is an advanced electrothermal process for efficient metal recovery from various sources including e-waste and rare earth minerals. MTM is establishing its first operational facility in Houston through its subsidiary Flash Metals USA Inc., with high-grade feedstock already secured and commissioning underway.
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