The Conversation (0)
Join Inaugural Site in Texas as Company Launches Multi-State U.S. Expansion
Metallium Ltd., (ASX: MTM,OTC:MTMCF; OTCQX: MTMCF) announced it has obtained exclusive options to lease two additional U.S. sites permitted for electronic waste processing as part of its multi-state scale-up strategy for deployment and commercialization of its Flash Joule Heating (FJH) metal recovery systems for e-waste.
The two U.S. sites, subject to exclusive lease option agreements, are in Westport, Massachusetts , within Mid-City Scrap's long-established metals campus and Harrisonburg, Virginia , at Recycle Management LLC's multi-modal recycling facility, which is strategically positioned near the Northern Virginia data center corridor, among the world's largest, offering potential access to hyperscale and telecom-related e-waste streams.
Both sites are already fully permitted at State and Federal levels for industrial waste and e-waste processing, removing a multi-year regulatory hurdle that typically can delay U.S. recycling projects. This has potential to shorten timelines and enable earlier deployment. The sites are co-located with operating scrap yards processing more than 20,000 tons/month of metal waste.
Additional information can be found at: https://investorhub.metalliuminc.com/announcements/7115663 .
Michael Walshe , Managing Director and CEO of Metallium said, " Texas remains our clear priority, and these option agreements demonstrate we can replicate our Texas model by accessing pre-permitted, infrastructure-ready sites at minimal upfront costs. They also highlight the value of our long-standing industry relationships, which provide access to high quality opportunities that may not otherwise be available." Walsh stressed that this growing multi-state footprint positions Metallium for rapid scale-up as partnerships and feedstock volumes develop, while supporting the company's engagement with U.S. government agencies and pursuit of non-dilutive funding. Walsh affirmed that the flagship technology campus facility in Texas remains on track for commissioning by the end of this year.
Metallium Ltd. 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 feedstocks such as refinery scrap, e-waste and monazite.
More information is available at the company's website: https://www.metalliuminc.com .
View original content to download multimedia: https://www.prnewswire.com/news-releases/metallium-secures-exclusive-options-for-additional-us-sites-in-massachusetts-and-virginia-for-e-waste-metal-recovery-302535392.html
SOURCE MTM Critical Metals Ltd.
