Metallium Technology Advancements Accelerate Texas Metal Recovery Facility

Metallium Accelerates Critical Metals Recovery with Major Progress at Texas Facility

Metallium Ltd (ASX: MTM | OTCQX: MTMCF) has announced significant advancements at its Chambers County, Texas Technology Campus, with equipment procurement, site upgrades, and feedstock purchases positioning the company for December 2025 commissioning of its first commercial Flash Joule Heating (FJH) metal recovery plant.

Major Milestone Achievements Signal On-Track Progress

Metallium's recent announcement highlights multiple critical achievements that demonstrate substantial momentum toward commercial operations:

• Equipment orders placed for essential e-waste pre-processing systems including size reduction, preheating, and material handling infrastructure
• Site readiness advancing with electrical upgrades, clearing, drainage improvements, and mobile offices in place
• Commissioning feedstock secured – 60 tonnes of metal-rich PCB e-waste ordered to ensure smooth start-up
• Environmental leadership established through engagement with VaporPoint for air and water quality systems
• Proven technology performance showcasing remarkable recovery rates:
  • 100% gold recovery from e-waste grading 551 g/t Au (over 100x higher than typical primary ores)
  • 97% silver recovery at 2,804 g/t Ag
  • 98% antimony recovery from feedstock grading 3.13% Sb

The company is also actively progressing opportunities for additional pre-permitted sites near major e-waste collection centres to support its planned U.S. expansion.

Engineering Excellence and Operational Readiness

Metallium has assembled a comprehensive approach to ensure operational success:

• Engagement of tier-one engineering firm Hunt, Guillot & Associates (HGA) for plant integration, implementation engineering, and structural assessments
• Collaboration with local power utility Entergy Texas to finalise supply arrangements and capacity
• Advanced discussions with an adjacent landfill operator for compliant solids residue discharge
• Recruitment of key personnel including U.S. CFO, plant manager, and engineering leads
• Business development initiatives across various critical metal feedstocks including antimony, rare earth elements, and mining concentrates

"We are progressing on all fronts to deliver our first U.S. facility as planned. With critical equipment ordered, site works advancing, and commissioning feedstock secured, the project is materially de-risked," says Michael Walshe, Managing Director & CEO of Metallium.

Understanding Flash Joule Heating: The Technology Advantage

Flash Joule Heating (FJH) represents a significant advancement in metal recovery technology. Unlike traditional pyrometallurgical or hydrometallurgical processes that can be energy-intensive, chemically complex, and environmentally challenging, FJH uses rapid electrical pulses to recover metals with minimal environmental impact.

The process works by applying intense electrical energy to feedstock materials in millisecond bursts, reaching temperatures that effectively separate valuable metals without the need for harsh chemicals or extensive pre-processing. This enables:

• Higher recovery rates for precious and critical metals
• Lower energy consumption compared to conventional smelting
• Minimal chemical usage reducing environmental footprint
• Modular, scalable deployment allowing for strategic placement near feedstock sources

For investors, this translates to potential advantages in operational costs, environmental compliance, and the ability to rapidly scale operations as demand for critical metals continues to grow.

Strategic Timeline and Growth Trajectory

Metallium's current focus is on commissioning its first U.S. facility by December 2025, with a clear pathway toward expansion:

The company's modular approach enables rapid replication of its processing model, potentially creating a network of strategically located facilities across the United States.

Investment Case: Capturing the Critical Metals Opportunity

Metallium presents a compelling investment case based on several key factors:

1. Addressing Critical Supply Chain Vulnerabilities: The U.S. has identified critical materials recovery as a strategic priority, with Metallium technology advancements directly addressing domestic supply needs

2. Superior Recovery Metrics: Demonstrated recovery rates of 97-100% for precious metals from e-waste with grades far exceeding primary mining operations:

   • Gold at 551 g/t (compared to typical gold mines at 1-3 g/t)
   • Silver at 2,804 g/t
   • Antimony at 3.13%

3. Rapid Commercialisation Timeline: Unlike mining operations that can take years to develop, Metallium's first facility will be operational by December 2025, with potential for revenue generation shortly thereafter

4. Scalable Business Model: The modular nature of the FJH technology enables strategic expansion without the massive capital requirements of traditional metal processing facilities

5. Environmental Leadership: The company's process offers significantly reduced environmental impact compared to conventional mining and refining operations

Why Investors Should Track Metallium's Progress

Metallium represents a unique opportunity in the critical and precious metals sector for several compelling reasons:

The company combines technological innovation with strategic positioning in the growing e-waste recycling and critical metals recovery markets. With its first commercial facility on track for commissioning in December 2025, Metallium technology advancements are at an inflection point where execution will translate to potential value creation.

"Our ambition is to leverage the FJH modular system design so that we can rapidly expand this model across the United States, targeting pre-permitted sites strategically located near major e-waste collection centres. Every step we are taking now, from engineering to feedstock readiness, is about building a robust, scalable platform capable of processing a diverse range of critical and precious metals," notes Michael Walshe, Managing Director & CEO.

The approach of targeting pre-permitted sites near major e-waste collection centres demonstrates a sophisticated growth strategy that could enable rapid scaling while minimising regulatory hurdles. For investors seeking exposure to critical metals outside of traditional mining, Metallium offers a differentiated business model with near-term operational catalysts.

As global demand for critical metals continues to grow amid supply chain concerns, companies with the technology to recover these materials efficiently from secondary sources like e-waste may be well-positioned to capture significant market value.

Ready to Capture the Critical Metals Opportunity?

Discover how Metallium's innovative Flash Joule Heating technology is revolutionising critical metals recovery with exceptional extraction rates and a clear path to commercialisation. For investors seeking exposure to this high-growth sector, register now for investor updates and gain insights into Metallium's progress towards its December 2025 commissioning milestone and beyond.