MTM Backs New US-Australia Critical Minerals Agreement
Rhea-AI Summary
Metallium (OTCQX: MTMCF) welcomed the Oct 21, 2025 signing of the United States-Australia Framework for Securing Supply of Critical Minerals and Rare Earths, which commits both nations to mobilize at least US$1 billion in joint project financing, accelerate permitting, and support diversified supply chains.
The Framework explicitly recognizes scrap as a strategic feedstock and commits investment in minerals recycling technology — directly aligning with Metallium's patented Flash Joule Heating (FJH) process. Metallium said its U.S. subsidiary, Flash Metals USA, is developing a scalable processing facility in Texas and has secured a first commercial site there.
Positive
- US$1 billion joint project financing committed by US and Australia
- Framework explicitly recognizes scrap as strategic feedstock
- Metallium secured its first commercial site in Texas
- Patented Flash Joule Heating technology targets rare earths and critical metals
Negative
- Texas processing facility is described as developing, not yet operational
- Framework language commits to mobilize US$1 billion, not guaranteed direct funding to Metallium
News Market Reaction
On the day this news was published, MTMCF declined 2.94%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The landmark Framework commits both nations to mobilizing at least
Michael Walshe, Managing Director and CEO of Metallium, noted that of particular relevance to Metallium is the inclusion in the Framework explicitly recognizing "scrap" as a strategic feedstock, committing both nations to invest in minerals recycling technology and to coordinate management of critical-mineral and rare-earth scrap to support supply-chain diversification.
"This commitment mirrors our
More information can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03010968-6A1291584&v=undefined.
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 feedstock such as refinery scrap, e-waste and monazite. Aligned with
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SOURCE MTM Critical Metals Ltd.