Metallium Stock Price, News & Analysis

Metallium (ASX: MTM; OTCQX: MTMCF) signed a binding Letter of Intent with ElementUSA on Dec 12, 2025 to collaborate on recovering gallium and scandium from red mud in Gramercy, Louisiana.

The LOI includes up to US$10.1 million in non-dilutive funding for initial deployment of Metallium's Flash Joule Heating (FJH) technology and establishes a commercial framework covering license fees, royalties and revenue share. Metallium retains ownership of FJH IP; ElementUSA retains its separation/refining IP. The LOI contemplates additional workstreams and a demonstration facility in Gramercy.

Metallium (OTCQX: MTMCF) announced that Flash Joule Heating (FJH) treatment on Harts Range ore raised TREO from 1.7% to 35.0% in a single solvent-free step and delivered 53x dysprosium (Dy) and 21x terbium (Tb) enrichment.

Metallium secured exclusive, project-linked rights from New Frontier Minerals to apply FJH to all Harts Range material for at least 10 years, with royalties and process licensing on future Dy/Tb sales. The company plans to test production of Dy/Tb “super-concentrate” at its Texas Technology Campus for potential U.S. magnet and defense qualification.

Metallium (OTCQX: MTMCF) welcomed the Oct 21, 2025 signing of the United States-Australia Framework for Securing Supply of Critical Minerals and Rare Earths, which commits both nations to mobilize at least US$1 billion in joint project financing, accelerate permitting, and support diversified supply chains.

The Framework explicitly recognizes scrap as a strategic feedstock and commits investment in minerals recycling technology — directly aligning with Metallium's patented Flash Joule Heating (FJH) process. Metallium said its U.S. subsidiary, Flash Metals USA, is developing a scalable processing facility in Texas and has secured a first commercial site there.

Metallium (OTCQX: MTMCF) announced peer-reviewed Rice University results (Xu et al., published Sept 29, 2025) validating a Flash Joule Heating (FJH) + chlorination method to recover rare earths from end-of-life magnets. Metallium holds an exclusive license to commercialize this FJH application and intends to integrate the findings into its commercialization roadmap. The company said its Texas pilot plant is a key next step and is scheduled for commissioning in December 2025. The release emphasizes potential benefits: higher yields, lower costs, and zero acid or wastewater versus conventional processes.

Metallium (OTCQX: MTMCF) will add a second demonstration line at its first commercial Texas facility, with commissioning of the first FJH line scheduled for December 2025 and ramp-up into early 2026.

Key facts: a 5X scale-up from 360 tpa to 8,000 tpa PCB feed Stage 1 (≈1,600 tpa metal-rich char), Stage 2 expandable to 16,000 tpa, and a dedicated 350 tpa specialty line for REE, gallium and germanium feedstocks. All major systems ordered; civil/electrical upgrades and scrubber installation are underway.

Metallium (OTCQX: MTMCF) has signed a significant Memorandum of Understanding (MOU) with Glencore, one of the world's largest resource companies and e-waste recyclers. The agreement establishes a framework for collaboration in electronic scrap supply and metal offtake in the United States.

Under the MOU, Glencore will be a major feedstock supplier to Metallium's first commercial facility and will purchase up to 75% of Metallium's recycled products. The agreement includes technical assistance for feedstock assaying, while Metallium retains the right to market high-value niche products independently. Glencore's Horne Smelter, North America's largest e-waste processor, handles approximately 100,000 tons of e-waste annually.

The MOU is effective immediately and runs until year-end, with both parties working toward executing a definitive binding agreement by then.

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.