Oh, look at that. A new ann to capitalise on continuing our gains! Perfectly timed - can't remember who said it might happen today...
"MTM has successfully validated its production-scale reaction chamber (“crucible”), confirming readiness for deployment in the Company’s 1 tonne-per-day (1TPD) Flash Joule Heating (FJH) metal recovery plant in Texas.
The validated crucible design reflects a substantial scale-up from the original lab-scale system developed at Rice University, underscoring MTM’s successful transition of FJH technology into an industrially viable platform.
Additionally, test results suggest that each module may exceed prior throughput expectations, indicating the 1TPD plant—comprising multiple parallel crucibles—could achieve higher capacity from day one.
This modular architecture enables efficient replication, with the newly secured site capable of accommodating multifold capacity expansions using the same validated design."
So next catalysts for change will be exceeding these goals, which I'm highly confident we will
MTM Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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