Metallium Secures Exclusive Options for Additional U.S. Sites in Massachusetts and Virginia for E-Waste Metal Recovery

Rhea-AI Summary

Metallium (OTCQX: MTMCF) has secured exclusive lease options for two additional U.S. sites in Massachusetts and Virginia for electronic waste processing, expanding beyond its inaugural Texas facility. The new sites are located at Mid-City Scrap's metals campus in Westport, MA and Recycle Management LLC's facility in Harrisonburg, VA.

Both locations are fully permitted for industrial and e-waste processing at State and Federal levels, potentially accelerating deployment timelines. The sites are strategically positioned within existing scrap yards that process over 20,000 tons of metal waste monthly. The Virginia facility's proximity to the Northern Virginia data center corridor offers access to valuable hyperscale and telecom e-waste streams.

The company's Texas flagship technology campus remains on schedule for commissioning by end-2025, utilizing Metallium's patented Flash Joule Heating (FJH) technology for recovering critical and precious metals from e-waste.

Positive

• Secured two pre-permitted sites, eliminating multi-year regulatory hurdles
• Strategic location near Northern Virginia data center corridor provides access to valuable e-waste streams
• Co-location with operating scrap yards processing 20,000+ tons/month of metal waste
• Texas flagship facility remains on track for end-2025 commissioning

Negative

• Additional sites require future capital investment for deployment
• Options are subject to lease agreements, not yet finalized

Join Inaugural Site in Texas as Company Launches Multi-State U.S. Expansion

HOUSTON, Aug. 21, 2025 /PRNewswire/ -- Metallium Ltd., (ASX: MTM; OTCQX: MTMCF) announced it has obtained exclusive options to lease two additional U.S. sites permitted for electronic waste processing as part of its multi-state scale-up strategy for deployment and commercialization of its Flash Joule Heating (FJH) metal recovery systems for e-waste.

The two U.S. sites, subject to exclusive lease option agreements, are in Westport, Massachusetts, within Mid-City Scrap's long-established metals campus and Harrisonburg, Virginia, at Recycle Management LLC's multi-modal recycling facility, which is strategically positioned near the Northern Virginia data center corridor, among the world's largest, offering potential access to hyperscale and telecom-related e-waste streams.

Both sites are already fully permitted at State and Federal levels for industrial waste and e-waste processing, removing a multi-year regulatory hurdle that typically can delay U.S. recycling projects. This has potential to shorten timelines and enable earlier deployment. The sites are co-located with operating scrap yards processing more than 20,000 tons/month of metal waste.

Additional information can be found at: https://investorhub.metalliuminc.com/announcements/7115663.

Michael Walshe, Managing Director and CEO of Metallium said, "Texas remains our clear priority, and these option agreements demonstrate we can replicate our Texas model by accessing pre-permitted, infrastructure-ready sites at minimal upfront costs. They also highlight the value of our long-standing industry relationships, which provide access to high quality opportunities that may not otherwise be available." Walsh stressed that this growing multi-state footprint positions Metallium for rapid scale-up as partnerships and feedstock volumes develop, while supporting the company's engagement with U.S. government agencies and pursuit of non-dilutive funding. Walsh affirmed that the flagship technology campus facility in Texas remains on track for commissioning by the end of this year.

Metallium Ltd. 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.

More information is available at the company's website: https://www.metalliuminc.com.

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SOURCE MTM Critical Metals Ltd.

FAQ

What new sites has Metallium (MTMCF) secured for e-waste processing in 2025?

Metallium has secured exclusive lease options for two sites: one at Mid-City Scrap's metals campus in Westport, Massachusetts, and another at Recycle Management LLC's facility in Harrisonburg, Virginia.

When will Metallium's Texas facility begin operations?

Metallium's flagship technology campus facility in Texas is scheduled for commissioning by the end of 2025.

What is Metallium's Flash Joule Heating (FJH) technology used for?

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.

What is the processing capacity of the scrap yards where Metallium's new sites are located?

The sites are co-located with operating scrap yards that process more than 20,000 tons per month of metal waste.

What regulatory advantages do Metallium's new sites offer?

Both sites are already fully permitted at State and Federal levels for industrial waste and e-waste processing, removing multi-year regulatory hurdles that typically delay U.S. recycling projects.