Metallium Reports Industrial Scale-Up of its Texas Technology Campus Advances Rapidly
Metallium (OTCQX: MTLMY) reported rapid progress at its Gator Point Technology Campus in Chambers County, Texas, converting a recently acquired plant into a U.S. demonstration and early commercial hub using its proprietary Flash Joule Heating (FJH) technology.
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Rhea-AI Summary
Metallium (OTCQX: MTLMY) reported rapid progress at its Gator Point Technology Campus in Chambers County, Texas, converting a recently acquired plant into a U.S. demonstration and early commercial hub using its proprietary Flash Joule Heating (FJH) technology.
The company aims to have three FJH reactors operating in parallel by June 2026 as part of an industrial scale-up toward a Stage‑1 commercial configuration targeting approximately 8,000 tons of PCF feedstock per year.
Positive
- Targeting three FJH reactors operating in parallel by June 2026
- Stage‑1 commercial capacity target of approximately 8,000 tons/year
- Facility converted from mothballed plant to U.S. technology campus within 12 months
Negative
- Three‑reactor milestone is a near‑term target and may face commissioning delays
- Stage‑1 8,000 tons/year target remains aspirational until full commissioning and validation
Details
News Market Reaction – MTMCF
On Mar 10, the day this news came out, MTMCF closed 1.98% below the previous close.
Data tracked by StockTitan Argus for the Mar 10 session.
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The company acquired the plant less than 12 months ago and has undertaken substantial site rehabilitation, infrastructure upgrades and installation of processing equipment, transforming the facility into the Company's primary
"The progress achieved at our flagship Technology Campus in less than 12 months has been substantial," said Michael Walshe, Managing Director and CEO of Metallium. "The site has rapidly evolved from a mothballed facility into a technology campus supporting the industrial scale-up of our FJH platform. Parallel development, optimization and commissioning is progressing across the flowsheet, and the next major milestone will be demonstrating three FJH reactors operating in parallel. This milestone will validate the scalability of the technology and represent an important step toward our Stage-1 commercial configuration targeting approximately 8,000 tons of PCF feedstock per year."
Metallium Ltd. (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.
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SOURCE Metallium, Ltd.
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