MTM Critical Metals (ASX: MTM): A Leader in Flash Joule Heating and Securing the Future of Critical Minerals
MTM Critical Metals (ASX: MTM) is an Australian exploration company at the forefront of securing critical minerals essential for clean energy technologies. While the company has traditionally focused on rare earth elements, lithium, and other high-value metals, its strategic shift in 2024 towards Flash Joule Heating is positioning it to be a leader in next-generation mineral extraction technologies.
Flash Joule Heating offers a revolutionary way to process critical metals with minimal environmental impact, giving MTM a significant edge over traditional mining methods. This cutting-edge approach is expected to drastically reduce the environmental footprint associated with mineral extraction.
Additionally, MTM is building its pilot plant in Houston, Texas, and can be a big contributor to the US’ strive to become less dependent on China when it comes to securing critical metals for a range of applications, including Defense.
MTM has already secured multiple offtake deals, including one with Indium Corp., a global leader in advanced materials, including indium, gallium and germanium. These agreements with global partners will help the company to scale up its operations in line with the increasing global demand for critical resources. MTM’s focus on Flash Joule Heating and its expanding network of strategic partnerships make it a standout player in the critical minerals space, poised for growth as countries worldwide race to secure domestic supplies.
MTM, soon to be renamed Metallium Ltd., just completed a A$50m capital raise at 55 cents, which will help it fund the first operational site in Texas processing 1 tonne per day in addition to 4 more sites elsewhere in the US.
Check out all the research on MTM by Pitt Street Research here!
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Last
57.0¢ |
Change
-0.020(3.39%) |
Mkt cap ! $263.2M |
Open | High | Low | Value | Volume |
59.0¢ | 60.0¢ | 56.0¢ | $4.018M | 6.968M |
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4 | 8394 | 57.0¢ |
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58.0¢ | 70000 | 2 |
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4 | 8394 | 0.570 |
3 | 52769 | 0.565 |
7 | 89102 | 0.560 |
5 | 212582 | 0.555 |
24 | 213279 | 0.550 |
Price($) | Vol. | No. |
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0.580 | 50000 | 1 |
0.585 | 35000 | 1 |
0.590 | 5000 | 1 |
0.595 | 10000 | 1 |
0.600 | 18888 | 1 |
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