Metallium Announces Off-Take Agreement with Indium Corporation for Critical & Precious Metals Including Gallium and Germanium

Metallium (OTCQX: MTLMY) announced a long-term offtake agreement through its U.S. unit Flash Metals USA with Indium Corporation to supply recovered critical and precious metals including gallium and germanium.

Rhea-AI Summary

Metallium (OTCQX: MTLMY) announced a long-term offtake agreement through its U.S. unit Flash Metals USA with Indium Corporation to supply recovered critical and precious metals including gallium and germanium. The contract has an initial 10-year term with automatic five-year renewals and covers multiple recovered metals from Metallium's U.S. recycling operations.

The agreement supports commercialization of Metallium's Flash Joule Heating recycling platform, aligns with U.S. supply‑chain objectives, and follows Metallium securing its first commercial Texas site via Flash Metals USA.

Positive

• Signed binding offtake for recovered metals with a 10-year term
• Gallium and germanium explicitly included, supporting high-value product sales
• Agreement covers multiple metals from U.S. recycling operations, broadening revenue streams
• Secured first commercial site in Texas via Flash Metals USA

Negative

• No disclosed pricing or minimum volumes, limiting near-term revenue visibility
• Industry processing remains concentrated in other jurisdictions, posing supply-chain risk

Argus Mar 31 session

+6.82% close to close Open Argus

Details

News Market Reaction – MTMCF

On Mar 31, the day this news came out, MTMCF closed 6.82% above the previous close.

Data tracked by StockTitan Argus for the Mar 31 session.

Key Figures

Offtake term: 10 years Renewal period: 5-year periods

Offtake term

10 years

Initial term of offtake agreement with Indium Corporation

Renewal period

5-year periods

Automatic renewal periods unless non-renewed per notice provisions

Historical Context

5 past events · Latest: Mar 10

5 events

1. Mar 10

   Texas scale-up update

   24h Move

   -2.0%

   Progress toward three FJH reactors and 8,000 tons annual feedstock capacity.

2. Feb 12

   Asset option transaction

   24h Move

   -9.4%

   Option for 90% sale of Pomme REE project in Quebec to New Frontier Minerals.

3. Jan 21

   A$75M capital raise

   24h Move

   -1.7%

   A$75M institutional placement at discount to fund Texas scale-up and listing plans.

4. Jan 12

   ADR program launch

   24h Move

   -1.8%

   Launch of non-dilutive Level 1 ADR on OTCQX to broaden U.S. investor access.

5. Dec 29

   Texas commissioning start

   24h Move

   +7.4%

   Start of Texas campus commissioning after first chlorine flash of FJH process.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

offtake agreement, flash joule heating, e-waste

3 terms

offtake agreement financial

"executed a long-term offtake agreement with materials refiner and manufacturer"

A contract in which a buyer commits to purchase a set portion or percentage of a producer’s future output—such as minerals, energy, agricultural goods, or manufactured products—often over a multi‑year period. It matters to investors because it creates predictable sales and cash flow, reduces the risk of unsold inventory, and can make projects easier to finance; think of it like pre‑selling future harvests or securing long‑term customers before production begins.

flash joule heating technical

"recovered using Metallium's Flash Joule Heating technology"

Flash joule heating is a process that uses a very brief, high-intensity electrical pulse to heat a material almost instantaneously, transforming its structure or purifying it in seconds. Think of it like an ultra-fast, high-energy toaster that changes raw material into a finished ingredient; for investors it matters because the technique can lower production time and energy costs, enable new materials or recycling routes, and create competitive manufacturing advantages.

e-waste technical

"from feedstocks such as refinery scrap, e-waste and monazite"

Electronic waste, or e-waste, is discarded electronic devices and components such as phones, computers, batteries and circuit boards — similar to throwing out an old appliance but with electrical parts and toxic materials. Investors care because e-waste creates regulatory, cleanup and disposal costs, potential liabilities, and reputational risk, while also presenting opportunities to recover value through recycling, refurbishment or materials reclamation that can affect a company’s costs and long‑term profitability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HOUSTON, March 31, 2026 /PRNewswire/ -- Metallium Limited (ASX: MTM; OTCQX: MTMCF; OTCQX ADR: MTLMY) announced its wholly owned U.S. subsidiary, Flash Metals USA Inc. has executed a long-term offtake agreement with materials refiner and manufacturer, Indium Corporation, covering the supply of gallium (Ga), germanium (Ge), and other critical metals recovered using Metallium's Flash Joule Heating technology.

Under the executed agreement Flash Metals USA will supply, and Indium Corporation will purchase, specified recovered metals generated from Metallium's U.S. recycling operations including gallium, germanium, copper, tin, gold and indium. The off-take agreement has an initial term of 10 years with automatic five-year renewal periods unless non-renewed in accordance with agreed notice provisions.

Additional information can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03073940-6A1318616&v=undefined.

Michael Walshe, managing director and CEO of Metallium said, "This agreement with Indium Corporation is an important step in commercializing out U.S. recycling platform. Critical metals, and specifically their midstream processing and refining, remain highly concentrated in a limited number of jurisdictions, not all of which are aligned with Western supply chain priorities, underscoring the need for domestic capability." He added that establishing a long-term offtake with Indium "strengthens our pathway to monetize recovered critical metals as we scale up our operations. Importantly, metals such as gallium and germanium are foundational to advanced semiconductors, defense systems and AI infrastructure."

Metallium Limited (https://www.metalliuminc.com) is pioneering a low-carbon, high-efficiency approach to recovering critical and precious metals from mineral concentrates and high-grade waste streams. The company's patented Flash Joule Heating (FJH) technology enables the extraction of high-value materials, including gallium, germanium, antimony, rare earth elements and gold from feedstocks such as refinery scrap, e-waste and monazite. Aligned with U.S. strategic supply chain objectives, Metallium has recently secured its first commercial site in Texas via its wholly owned subsidiary, Flash Metals USA, Inc.

View original content to download multimedia:https://www.prnewswire.com/news-releases/metallium-announces-off-take-agreement-with-indium-corporation-for-critical--precious-metals-including-gallium-and-germanium-302729571.html

SOURCE Metallium Limited

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Metallium's 10-year offtake agreement with Indium Corporation mean for MTLMY shareholders?

It secures long-term demand for recovered metals, strengthening commercialization prospects over a decade. According to the company, Flash Metals USA will supply specified recovered metals including gallium and germanium under the initial 10-year term with automatic five-year renewals.

Which metals will Metallium (MTLMY) supply to Indium Corporation under the offtake deal?

Metallium will supply recovered gallium, germanium and several other metals under the agreement. According to the company, the contract includes copper, tin, gold, indium and other critical metals from U.S. recycling operations.

How long is the Metallium (MTLMY) agreement with Indium Corporation and are renewals automatic?

The contract has an initial 10-year term with automatic five-year renewal periods. According to the company, renewals occur unless non-renewed in accordance with agreed notice provisions.

Does the Metallium–Indium offtake specify volumes or pricing for MTLMY metal deliveries?

The announcement does not disclose specific volumes or pricing for deliveries under the agreement. According to the company, the agreement covers specified recovered metals but financial terms were not provided in the release.

How does the Indium Corporation offtake support Metallium's U.S. expansion for MTLMY?

The offtake underpins commercialization of Metallium's U.S. recycling platform and scales downstream demand. According to the company, this complements its first secured commercial site in Texas via Flash Metals USA.