MTM Critical Metals Recovers High-Grade Antimony from U.S. E-Waste Using Proprietary Flash Joule Heating Technology
Rhea-AI Summary
Positive
- Achieved 98% antimony recovery rate from e-waste, significantly higher than traditional mining grades (3.13% vs 0.1-1.0%)
- Successfully demonstrated commercial viability of proprietary Flash Joule Heating technology
- Secured pre-permitted demonstration site in Texas for scaling operations
- Strategic positioning for U.S. government funding support and contracts due to critical mineral status
- Potential to reduce U.S. dependence on Chinese antimony imports through domestic production
Negative
- Currently in early demonstration phase, not yet at commercial production scale
- Success dependent on securing government funding and support
- Technology limited to e-waste streams as source material
News Market Reaction
On the day this news was published, MTMCF gained 17.47%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
This breakthrough demonstrates the commercial potential of onshore, urban mining solutions aligned with
MTM's results validate the strategic relevance of recovering critical metals from legacy e-waste streams and reinforce the company's ongoing discussions with
Michael Walshe, Managing Director & CEO of MTM, commented:
"Achieving
MTM recently secured a pre-permitted demonstration site in
MTM Critical Metals, based in
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SOURCE MTM Critical Metals Ltd.