Metallium Awarded its First SBIR Contract from Department of Defense to Use the Company's Flash Joule Heating Technology for Domestic Gallium Recovery from LED Scrap and other Gallium-Rich Waste Streams
Rhea-AI Summary
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.
Positive
- First Department of Defense contract secured, opening potential for future government partnerships
- Opportunity for Phase II funding of up to US$1 million upon successful completion
- Strategic positioning in critical materials recovery for national security
- Existing infrastructure at Chambers County site enables quick scaling
- Technology capable of recovering multiple valuable metals beyond gallium
Negative
- Initial contract value is relatively small at A$100,000
- Phase II funding not guaranteed, dependent on Phase I success
- Six-month timeline for proving technology effectiveness
News Market Reaction
On the day this news was published, MTMCF gained 0.67%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"This award, although small in terms of dollar value, is significant as it represents our first funding from the
The program will be executed by Flash Metals Texas as prime contractor, with Rice University's Tour Group engaged under a resource and cost-sharing arrangement. Upon successful completion of this Phase I effort, Metallium and Flash Metals plan to apply immediately for Phase II funding of up to
Walshe explained that gallium is a
More information can be found at: https://investorhub.metalliuminc.com/announcements/7134577
Metallium 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, developed at Rice University, enables extraction of high-value materials, including gallium, Germanium, antimony, rare earth elements, and gold, from feedstocks such as refinery scrap, e-waste and monazite. The company has recently secured its first commercial site in
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SOURCE MTM Critical Metals Ltd.