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Metallium Limited (ASX:MTM)

ALERT: Price-sensitive ASX Announcement for MTM
Current share price for MTM : $0.395 -0.655 (-62.38%)+
Announcement
Release
13 Oct 2025 8:22AM
Price at Release
$1.050
Full Release
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Summary
Metallium Limited has made significant progress at its Gator Point Technology Campus in Chambers County, Texas. The company is on track to commission its first Flash Joule Heating (FJH) processing line by December 2025, which will ramp up in early 2026 to achieve an 8,000 tonnes per annum (tpa) Stage-1 capacity. A second demonstration line for rare earth elements (REE) and critical metals is set to further expand the plant's capabilities. The Texas facility, established to provide a non-Chinese refining pathway, is strategically significant in light of China's recent export restrictions on rare earth materials. Metallium's FJH technology allows processing of various feedstocks, including electronic waste, magnet scrap, and mine tailings, positioning it as a leader in low-emission refining of critical and strategic metals. The company's strategic collaboration with Ucore Rare Metals Inc. enhances its ability to support U.S. and allied supply chains by providing a scalable platform for critical metals recovery, aligned with national security priorities.
Key Points
  • Metallium's Texas facility on track to commission FJH processing line by December 2025.
  • Stage-1 capacity of 8,000 tpa targeted, with expansion plans for 16,000 tpa.
  • Second demonstration line planned for REE and semiconductor feedstocks.
  • Facility offers non-Chinese refining pathway amid global supply chain disruptions.
  • FJH technology processes diverse feedstocks: e-waste, magnet scrap, mine tailings.
  • Partnership with Ucore Rare Metals Inc. supports critical metals supply chain.
  • Alignment with U.S. national security imperatives for critical materials independence.
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.