Metallium to Further Collaborate with Rice University to Expand Ability of its Licensed Flash Joule Technology to Individually Separate Individual Rare Earth Elements and Reduce or Avoid Solvent Extraction
Rhea-AI Summary
Metallium (OTCQX: MTMCF) announced an expanded research collaboration with Rice University to enhance its Flash Joule Heating (FJH) technology's capabilities in rare earth elements (REE) separation. The collaboration aims to develop direct separation of individual REEs, potentially reducing or eliminating the need for traditional solvent extraction (SX) processes.
The company's FJH technology currently provides a more efficient alternative to conventional sulphuric-acid circuits, producing SX-compatible intermediates. This development is particularly significant as over 90% of REE separation capacity is concentrated in China, with recent export restrictions affecting global automotive production.
Metallium has secured its first commercial site in Texas through Flash Metals USA Inc., with plans for additional permitted sites in Massachusetts and Virginia. The company focuses on recovering critical and precious metals from various feedstocks, including refinery waste, scrap, e-waste, and monazite.
Positive
- Technology could potentially bypass traditional solvent extraction, reducing costs and environmental impact
- Current FJH technology already demonstrates ability to upgrade REE feedstocks into SX-ready products
- Strategic expansion with three permitted sites across Texas, Massachusetts, and Virginia
- Positions company for near-term revenue through partnerships and licensing opportunities
Negative
- Research outcomes and timeline for technology advancement remain uncertain
- Heavy dependence on successful research collaboration results for business expansion
News Market Reaction
On the day this news was published, MTMCF gained 4.60%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
If Successful Would Strengthen Uses of Proprietary Technology and Create Further Potential for Licensing and Partnerships with Rare Earths Element Market.
"Today, REE separation is dominated by SX, which requires huge industrial plants with very large footprints, high capital and operating costs, and commission timelines that can stretch for years," explained Michael Walshe, Metallium Managing Director & CEO. He explained that more than 90 percent of this capacity is in
"Our technology has already demonstrated its ability to upgrade multiple REE feedstocks into SX-ready products, providing Western supply chains a midstream solution today. In parallel, our Rice University collaboration is tackling the next frontier: using FJH to separate individual REEs directly, potentially bypassing solvent extraction," Walshe said. He noted that with SX plants taking years, vast capex and footprint and massive solvent use, even partial success could be transformative. "Our continuing effort with Rice positions Metallium for near-term revenue from partnerships and licensing, and long-term leadership in REE-refining."
Walshe said that the company plans to deliver case studies across a variety of feedstocks as it works with Rice in further expanding the FJH technology.
Additional information can be found at https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02982558-6A1279790&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6.
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 MTM Critical Metals Ltd.