MTM Critical Metals Ltd Announces Name Change to Metallium Ltd. And Unveils U.S. Strategy and Technology Rollout Plan

Rhea-AI Summary

MTM Critical Metals Ltd (OTCQB: MTMCF) has announced its rebranding to Metallium Ltd alongside major strategic developments for its U.S. expansion. The company has successfully completed a AU$50 million institutional placement to support its transition into a U.S.-focused industrial technology platform.

The company's core technology, Flash Joule Heating (FJH), enables single-step extraction of critical, strategic, and precious metals from electronic waste and mineral concentrates without using smelting or acids. MTM has secured a Texas Technology Campus with commissioning targeted for Q1 2026, establishing partnerships with industry leaders including Vedanta and Indium Corporation.

The company's U.S. national rollout includes plans for additional facilities in Louisiana, Florida, Nevada, and Ohio to meet growing domestic metal refining demand. The technology processes high-grade e-waste and semiconductor refinery scrap, with offtake agreements already secured.

Positive

• None.

Negative

• Commercial operations won't begin until 2026
• Significant capital expenditure required for multi-state expansion

News Market Reaction – MTMCF

+18.75%

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+18.75% News Effect

On the day this news was published, MTMCF gained 18.75%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, June 30, 2025 /PRNewswire/ -- MTM Critical Metals Ltd (ASX: MTM | OTCQB: MTMCF (soon to be renamed Metallium Ltd), a pioneer in low-impact, high-efficiency metal recovery technologies, today unveiled its updated strategy, commercial rollout plans, and rebranding during its Annual Shareholder Meeting held in Perth, Australia.

The company is focused on deploying its patented Flash Joule Heating (FJH) technology for strategic metals recovery in the US. The proprietary FJH process enables single-step extraction of critical, strategic, and precious metals, including antimony, gallium, germanium, indium, gold, and rare earths, from electronic waste and mineral concentrates, without smelting or acids.

Key Highlights from the Presentation:

• $50 million (AU) Institutional Placement Completed
  Firm commitments from Tier-1 global investors endorse transition to a U.S.-focused industrial tech platform. The raise enables rapid U.S. expansion and construction of MTM's first commercial plant in Texas.
• U.S. Commercial Operations to Launch in 2026
  Texas Technology Campus secured and under construction; commissioning targeted for Q1 2026. Facility will process high-grade e-waste and semiconductor refinery scrap, with offtake agreements already in place.
• Strategic Partnerships Driving Execution
  MTM is collaborating with industry leaders such as Vedanta (India), Indium Corporation (U.S.) and multiple U.S. electronics recyclers. These partnerships secure feedstock and validate industrial deployment.
• Disruptive Technology Platform
  FJH is a patented electro-thermal metal recovery process developed at Rice University. It simplifies processing, eliminates harmful chemicals and dramatically improves metal recovery efficiency from difficult feedstocks.
• U.S. National Rollout Underway
  MTM is developing a network of regional sites beyond Texas, with potential locations identified in Louisiana, Florida, Nevada and Ohio to meet the growing demand for domestic refining of critical metals.

Managing Director & CEO Michael Walshe commented:
"This is a pivotal moment in MTM's evolution, which is the reason for a strategic rebranding of the Company to Metallium Ltd. We are fully capitalized and strategically positioned to become a U.S.-based industrial producer of critical and precious metals. Our technology is not just cleaner and faster, it's commercially viable today based on testing carried out on multiple feedstock samples and the FJH system is vital to building resilient domestic supply chains."

A recording of the presentation can be found at: https://investorhub.mtmcriticalmetals.com.au/announcements/7028814

For more information, please visit:
www.mtmcriticalmetals.com.au
www.flashmetalsusa.com

View original content:https://www.prnewswire.com/news-releases/mtm-critical-metals-ltd-announces-name-change-to-metallium-ltd-and-unveils-us-strategy-and-technology-rollout-plan-302494718.html

SOURCE MTM Critical Metals Ltd.

FAQ

What is the new name for MTM Critical Metals (MTMCF) and when is it changing?

MTM Critical Metals is changing its name to Metallium Ltd. The announcement was made on June 30, 2025, though the specific effective date of the name change was not disclosed.

How much funding did MTMCF raise in their latest institutional placement?

The company raised AU$50 million through institutional placement from Tier-1 global investors to support its U.S. expansion and construction of its first commercial plant in Texas.

When will MTMCF's Texas facility begin operations?

The Texas Technology Campus is currently under construction with commissioning targeted for Q1 2026.

What is MTMCF's Flash Joule Heating (FJH) technology?

FJH is a patented electro-thermal metal recovery process developed at Rice University that enables single-step extraction of critical, strategic, and precious metals from e-waste and mineral concentrates, without requiring smelting or acids.

Which companies has MTMCF partnered with for its operations?

MTMCF has established strategic partnerships with Vedanta (India), Indium Corporation (U.S.), and multiple U.S. electronics recyclers to secure feedstock and validate industrial deployment.

Where is MTMCF planning to expand its operations in the United States?

Beyond Texas, the company has identified potential locations in Louisiana, Florida, Nevada, and Ohio for its regional processing facilities.