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Metallium Secures Binding Exclusive Rights to Treat Heavy REE-Rich Harts Range Project Following Exceptional Upgrade of Raw Ore from the Project after Flash Joule Heating (FJH) Treatment

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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) ha annunciato che il trattamento con Flash Joule Heating (FJH) sull'oro di Harts Range ha aumentato l'TREO dal 1,7% al 35,0% in un unico passaggio privo di solventi e ha fornito un'enrichment di 53x disprosio (Dy) e 21x terbio (Tb).

Metallium ha assicurato diritti esclusivi, legati al progetto, da New Frontier Minerals per applicare FJH a tutto il materiale di Harts Range per almeno 10 anni, con royalties e licenze di processo sulle future vendite di Dy/Tb. L'azienda prevede di testare la produzione di un “super-concentrato” Dy/Tb presso il Texas Technology Campus per eventuali qualifiche magnetiche e di difesa statunitensi.

Metallium (OTCQX: MTMCF) anunció que el tratamiento con Flash Joule Heating (FJH) aplicado al mineral de Harts Range elevó el TREO del 1,7% al 35,0% en un solo paso sin disolventes y proporcionó un enriquecimiento de 53x de disprosio (Dy) y 21x de itrio (Tb).

Metallium obtuvo derechos exclusivos vinculados al proyecto de New Frontier Minerals para aplicar FJH a todo el material de Harts Range durante al menos 10 años, con regalías y licencias de proceso sobre ventas futuras de Dy/Tb. La compañía planea probar la producción de un concentrado “superconcentrado” de Dy/Tb en su Texas Technology Campus para posibles calificaciones de imanes y defensa en EE. UU.

Metallium (OTCQX: MTMCF)는 Harts Range 광석에 대한 Flash Joule Heating (FJH) 처리가 TREO를 1.7%에서 35.0%로 단일 용매 없는 단계에서 증가시켰으며 디스프로시움(Dy) 53배터븀(Tb) 21배의 농축을 제공했다고 발표했습니다.

Metallium은 New Frontier Minerals로부터 Harts Range의 모든 물질에 FJH를 적용할 수 있는 독점적이고 프로젝트 연결된 권리를 최소 10년 동안 확보했으며, Dy/Tb의 향후 판매에 대한 로열티 및 공정 라이선스를 가집니다. 회사는 미국 자석 및 방위 자격을 위한 잠재적 가능성을 위해 텍사스 테크놀로지 캠퍼스에서 Dy/Tb의 “슈퍼 콘센트레이트” 생산을 테스트할 계획입니다.

Metallium (OTCQX: MTMCF) a annoncé que le traitement par Flash Joule Heating (FJH) appliqué au minerai de Harts Range a porté le TREO de 1,7% à 35,0% en une seule étape sans solvant et a fourni un enrichissement de 53x en dysprosium (Dy) et 21x en terbium (Tb).

Metallium a obtenu des droits exclusifs liés au projet de New Frontier Minerals pour appliquer le FJH à l’ensemble du matériau de Harts Range pendant au moins 10 ans, avec des redevances et des licences de procédé sur les ventes futures de Dy/Tb. L’entreprise prévoit de tester la production d’un « super-concentré » Dy/Tb sur son Texas Technology Campus en vue d’éventuelles qualifications magnétiques et de défense américaines.

Metallium (OTCQX: MTMCF) gab bekannt, dass die Behandlung mit Flash-Joule-Heating (FJH) des Harts Range-Erzes das TREO von 1,7% auf 35,0% in einem einzigen lösungsmittelfreien Schritt erhöhte und eine Anreicherung von 53× Dysprosium (Dy) und 21× Terbium (Tb) lieferte.

Metallium sicherte exklusive, projektbezogene Rechte von New Frontier Minerals, FJH auf dem gesamten Harts Range-Material anzuwenden, für mindestens 10 Jahre, mit Lizenzgebühren und Verfahrenslizenzen auf zukünftige Dy/Tb-Verkäufe. Das Unternehmen plant, die Produktion von Dy/Tb-„Super-Konzentrat“ an seinem Texas Technology Campus zu testen, für potenzielle US-Tests im Bereich Magnetik und Verteidigung.

ميتاليوم (OTCQX: MTMCF) أعلنت أن معالجة Flash Joule Heating (FJH) لخام هايتز رينج رفعت TREO من 1.7% إلى 35.0% في خطوة واحدة خالية من المذيب ووفرت تعزيزاً بمقدار 53 ضعفاً للديسبروسيو (Dy) و 21 ضعفاً للربيديوم Tb.

أمنّت حقوقاً حصرية مرتبطة بالمشروع من New Frontier Minerals لتطبيق FJH على جميع مواد Hart Range لمدة لا تقل عن 10 سنوات، مع حقوق ملكية وتراخيص عملية على المبيعات المستقبلية لـ Dy/Tb. تخطط الشركة لاختبار إنتاج Dy/Tb كـ“مركز قوي للغاية” في Texas Technology Campus لاستخدامه المحتمل في تأهيل مغناطيسي ودفاعي في الولايات المتحدة.

Positive
  • TREO upgrade 1.7% to 35.0% in one FJH step
  • Dy enrichment 53x from raw Harts Range ore
  • Tb enrichment 21x from raw Harts Range ore
  • 10-year exclusive project-linked processing rights
  • Royalties and licensing on future Dy/Tb sales
Negative
  • None.

FJH Treatment Resulted in an Exceptional Beneficiation Result Increasing TREO from 1.7% to 35.0% (approximately a 20% upgrade) in a Single Step Flash and 53x/21x Dy-Tb Enrichment

PERTH, Western Australia and HOUSTON, Nov. 18, 2025 /PRNewswire/ -- Metallium Ltd. (ASX: MTM) (OTCQX: MTMCF) announced it has established a major step forward in establishing a Western heavy-rare-earth refining pathway through a new collaboration with New Frontier Minerals, Ltd. Early testwork using Metallium's proprietary Flash Joule Heating (FJH) technology on material from NFM's Harts Range Project in the Northern Territory of Australia, delivered exceptional enrichment results for dysprosium (Dy) and terbium (Tb), two of the rarest and most strategic rare-earth elements (REEs). Metallium has simultaneously secured exclusive, project-linked rights to apply FJH to all future Harts Range material, reinforcing Metallium's leadership in advanced rare-earth refining technology. Additional details can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03024166-6A1297452&v=undefined.

"These results highlight the disruptive potential of Metallium's technology. To take an unprocessed rock sample and produce a Dy/Tb-rich concentrate in one rapid, solvent-free step is exceptional," said Michael Walshe, Managing Director and CEO of Metallium. "It reinforces our position at the forefront of building a Western supply chain for the world's most strategic rare-earth metals. To achieve a more than 20-fold TREO upgrade and more than a 50-fold enrichment of dysprosium from a raw, un-beneficiated ore sample in a single flash is unprecedented in global heavy-rare-earth beneficiation," he stressed.

Walsh added that the U.S. currently has no major source for these two heavy REEs and the Department of War is actively looking for supply. "These two heavy REEs are almost 100% supplied by China today, from REE clay deposits, yet are critical for magnet and defense technologies," he explained.

The beneficiation results demonstrated that a single-step treatment with FJH increased TREO from 1.7% to 35.0%, approximately a 20 times upgrade in a single step flash, including 53 times Dy enrichment and 21 times Tb enrichment, with complete removal of detectable Fe, Si and Th from raw, un-beneficiated (no flotation, acid leaching or hydrometallurgical pre-conditioning) Harts Range Ore. "These results represent an unprecedented beneficiation performance for raw Dy-Tb bearing ore in a single, rapid, solvent-free reaction," Walsh said.

As a result of this exceptional performance, Metallium was granted exclusive, project-attached rights by NFM to apply FJH to all Harts Range ore and concentrates for at least 10 years, automatically extending through production. Contractually, any future potential owner of Harts Range must also use the FJH process.

Metallium will also earn a royalty on recovered product and a process licensing on all future Dy/Tb sales from Harts Range Material.

Initial surface sampling indicates that Harts Range hosts an unusually Dy/Tb-rich mineral system, with grade characteristics and mineralization rarely encountered in other deposits worldwide. Early data underscores FJH's capability to unlock heavy rare earths directly from processed ore.

In parallel with commissioning its Texas facility for e-waste processing, Metallium is assessing pathways to produce Dy/Tb-rich "super-concentrate" samples at its Texas Technology Campus for possible future qualification with U.S. magnet and defense customers.

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. The company has recently secured its first commercial site in Texas via its wholly owned subsidiary, flash Metals USA, Inc.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/metallium-secures-binding-exclusive-rights-to-treat-heavy-ree-rich-harts-range-project-following-exceptional-upgrade-of-raw-ore-from-the-project-after-flash-joule-heating-fjh-treatment-302618331.html

SOURCE MTM Critical Metals Ltd.

FAQ

What did Metallium announce about Harts Range on Nov 18, 2025 (MTMCF)?

Metallium reported FJH raised TREO from 1.7% to 35.0% and produced 53x Dy and 21x Tb enrichments from Harts Range ore.

What exclusive rights did Metallium secure for Harts Range (MTMCF)?

Metallium obtained exclusive, project-linked rights to apply FJH to all Harts Range material for at least 10 years, with royalties and process licensing on future Dy/Tb sales.

How significant was the TREO upgrade reported by Metallium (MTMCF)?

The company reported an increase from 1.7% to 35.0% TREO, described as about a 20-fold upgrade in a single flash step.

Will Metallium produce Dy/Tb concentrates in the U.S. (MTMCF)?

Metallium is assessing production of Dy/Tb “super-concentrate” samples at its Texas Technology Campus for possible U.S. magnet and defense customer qualification.

Does the FJH process remove impurities from Harts Range ore (MTMCF)?

Metallium reported complete removal of detectable Fe, Si and Th from the raw, un-beneficiated Harts Range sample after FJH treatment.
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