That’s right. Indium has the capability to recycle scrap.
Soon, should FJH scale up, as is confidently expected, Indium will have a significantly better way to recycle ultra-high value scrap. That’s the entirety of the proposal.
Indium Co. is a global buisness.
Indium Co. does not possess exclusive rights to FJH. There are other businesses in discussions already.
Gallium is but one of many metals that are expected to be retrieved from FJH.
Thanks for sharing your research “MysourceisthattherearenoGalliumminesintheUS”. That is consistent with my research which reveals that there are no Gallium mines on planet earth. Gallium is a byproduct, mostly comes from mining bauxite. Notably the US produces minimal bauxite so in essence that’s a reasonable conclusion.
MTM often compares itself to SLX.
SLX has an arrangement with the US DoE for the purchase of 200,000 metric tonnes of depleted UF6 being tails material stockpiled at Paducah, Kentucky which, assuming it scales up, will provide feedstock for its Laser enrichment facility. This is estimated to be the equivalent of a 30 year uranium mine life (with no digging).
The similarity is MTM’s capability through FJH is to produce Gallium, Indium, Lithium, Gold, etc etc without mining. That’s the future US mine.
Maybe they will rename the company as Rumplestiltskin
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Last
67.5¢ |
Change
0.100(17.4%) |
Mkt cap ! $311.7M |
Open | High | Low | Value | Volume |
60.0¢ | 71.0¢ | 59.5¢ | $7.521M | 11.54M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 5000 | 67.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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67.5¢ | 34995 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.670 |
1 | 8500 | 0.655 |
3 | 12967 | 0.650 |
1 | 7000 | 0.645 |
3 | 23140 | 0.640 |
Price($) | Vol. | No. |
---|---|---|
0.675 | 34995 | 1 |
0.680 | 47795 | 3 |
0.695 | 6000 | 2 |
0.700 | 105194 | 4 |
0.710 | 65006 | 3 |
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