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Metallium Limited (ASX:MTM)

ALERT: Price-sensitive ASX Announcement for MTM
Current share price for MTM : $0.370 -0.695 (-65.26%)+
Announcement
Release
5 Jan 2026 9:34AM
Price at Release
$1.065
Full Release
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Summary
Metallium Limited announced the execution of a binding electronic-scrap supply agreement with Glencore Ltd., marking a significant milestone for the company's U.S. operations. This agreement secures long-term access to e-scrap feedstock, supporting the commercial commissioning and scale-up of Metallium's Flash Joule Heating (FJH) technology in the U.S. It is Metallium's first binding feedstock supply contract, enabling stable mass-balance operations and expansion of FJH processing lines at their Texas Technology Campus. The contract includes the supply of 2,400 tonnes per annum of e-scrap and follows a memorandum of understanding (MOU) with Glencore. This partnership strengthens Metallium's position in the U.S. critical-materials recycling landscape.
Key Points
  • Execution of a binding electronic-scrap supply agreement with Glencore.
  • Secures long-term access to e-scrap feedstock for U.S. operations.
  • Supports commercial commissioning and scale-up of FJH technology.
  • First binding feedstock supply contract for Metallium.
  • Enables stable operations and expansion at Texas Technology Campus.
  • Agreed supply of 2,400 tonnes per annum of e-scrap.
  • Follows MOU with Glencore and strengthens critical-materials recycling position.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.