Metallium Ltd Metal Processing Facility Texas Commissioning December 2025

Metallium on Track for December Launch of Revolutionary Metal Processing Facility in Texas

Metallium Limited (ASX: MTM; OTCQX: MTMCF) has announced significant progress on its Gator Point Technology Campus in Texas, strategically positioning itself to address global critical-metals supply challenges. The facility is set to commence commissioning of its first Flash Joule Heating (FJH) processing line in December 2025, with several capacity expansions and technological enhancements now confirmed.

Scaled-Up Production Capacity Addresses Critical Metals Shortage

Metallium has dramatically increased the planned capacity of its first commercial facility, revealing a 5x scale-up from the original design. The revised facility will feature:

• 8,000 tonnes per annum (tpa) printed circuit board (PCB) feed capacity
• 1,600 tpa metal-rich char processing capacity
• Foundational infrastructure already configured for seamless expansion to 16,000 tpa PCB feed capacity
• Addition of a dedicated Specialty Materials Demonstration Line (350 tpa capacity) specifically for processing rare earth element (REE) tailings, refinery residues, and semiconductor feedstocks

This expansion comes at a critical moment, as major target metals—gold, silver, copper, tin, antimony, and palladium—are trading near record price levels, enhancing the economic potential of Metallium's recycling operations.

"The recent escalation of Chinese export controls, including the export of REE technology targeting defence and chip users, reinforces the importance of establishing a secure, allied supply chain for rare-earth and critical metals. Metallium's technology platform is designed precisely for this moment," stated Michael Walshe, Managing Director & CEO of Metallium.

Unique Position Amid China's Tightened Rare Earth Export Restrictions

Metallium's announcement gains particular significance in light of China's recently expanded export restrictions on rare earth materials and processing technology. Beijing now requires government approval for products containing even trace amounts of rare earth materials, extending control to refining technology and magnet-manufacturing equipment.

This geopolitical development positions Metallium as one of the few non-Chinese entities capable of delivering a complete, low-emission refining pathway for critical and strategic metals. The company's binding collaboration with Ucore Rare Metals Inc. (TSXV: UCU; OTCQX: UURAF) creates the first fully U.S.-based rare earth refining pathway capable of treating both primary and recycled feedstocks.

How Flash Joule Heating Works

Flash Joule Heating represents a technological breakthrough in metal processing. Unlike conventional methods that use intensive chemical processes or high-temperature smelting, FJH applies rapid, high-power electrical pulses to feedstock materials. This creates extremely high temperatures (over 3,000°C) for milliseconds, enabling:

• Efficient separation of valuable metals from waste materials
• Minimal chemical reagent use
• Significantly lower energy consumption compared to traditional methods
• Ability to process diverse feedstocks from e-waste to mine tailings

For investors, this means a technology with both environmental and economic advantages—lower operating costs, reduced environmental footprint, and the flexibility to process multiple feedstocks through a single system.

Multi-Site U.S. Expansion Strategy Underway

While the Texas facility remains Metallium's immediate priority, the company has secured options to establish additional FJH processing sites in Westport, Massachusetts and Harrisonburg, Virginia. Both locations are:

• Fully permitted for e-waste and industrial-waste processing
• Co-located with high-throughput metal-recycling operations
• Equipped with existing industrial infrastructure including high-capacity power and rail access

This multi-site approach provides Metallium with a ready-made expansion pipeline across strategic U.S. regions, particularly significant as the U.S. government accelerates investment in domestic critical minerals processing capacity.

Alignment with U.S. National Security Priorities

Metallium's development coincides with intensified U.S. government efforts to secure domestic critical mineral supply chains. The Pentagon has recently accelerated stockpiling of critical minerals including antimony, cobalt, indium, and rare earths through the Defense Logistics Agency.

This policy alignment enhances Metallium's strategic relevance and positions the company for potential participation in government procurement and grant programs aimed at securing critical materials.

Timeline to Production

The company has outlined a clear pathway to production:

Investment Thesis: Why Metallium Matters in the Critical Metals Space

Metallium represents a unique investment opportunity in the critical metals sector for several key reasons:

1. Proprietary Technology: The patented Flash Joule Heating process offers a breakthrough approach to metal recovery with superior economics and environmental performance.

2. Strategic Positioning: As one of the only non-Chinese groups capable of delivering a complete refining pathway for critical metals, Metallium stands to benefit from accelerating Western efforts to secure supply chains.

3. Multiple Revenue Streams: The ability to process diverse feedstocks—from e-waste to rare earth concentrates—provides multiple potential revenue channels.

4. Scalable U.S. Footprint: With the Texas facility advancing and options secured for additional sites, Metallium has positioned itself for rapid growth across the United States.

5. Policy Tailwinds: Alignment with U.S. critical minerals security initiatives creates potential for government support and partnership opportunities.

Why Investors Should Follow Metallium

The global race for critical metals security is intensifying, with rare earths, semiconductor materials, and precious metals all commanding premium prices and strategic attention. Metallium's technology addresses a critical gap in Western supply chains—the ability to process diverse feedstocks into high-purity metal products without reliance on Chinese refining capacity.

With commissioning of its first commercial facility just months away, the company is positioned at the convergence of multiple favorable trends: rising metal prices, increased government support for domestic processing, and growing corporate demand for responsibly sourced materials.

For investors seeking exposure to critical metals without the typical risks of mining operations, Metallium offers a technology-focused approach to capturing value from both primary and secondary (recycled) sources. The company's immediate focus on high-value metals like gold, silver, and copper provides near-term revenue potential, while its rare earths capabilities align with longer-term strategic metals trends.

As the Texas facility moves toward December commissioning, Metallium stands ready to demonstrate the commercial viability of its technology at scale—a potential inflection point for both the company and Western critical metals independence.

Want to Be Part of the Critical Metals Revolution?

Discover how Metallium is transforming the critical metals landscape with its revolutionary Flash Joule Heating technology and strategic U.S. expansion. With commissioning of its first commercial facility just months away and positioned at the intersection of national security priorities and growing demand for responsibly sourced materials, Metallium presents a compelling investment opportunity. To learn more about Metallium's game-changing approach to critical metals processing and stay updated on the company's progress towards its December facility launch, visit Metallium's Investor Hub today.