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Mt Monger Resources Ltd. ( (AU:MTM) ) has shared an update.
Metallium Limited has commenced formal commissioning at its Texas Technology Campus in Chambers County, Texas, after safely completing the first chlorine flash using its proprietary Flash Joule Heating technology, a key step in de-risking its U.S. critical-metals recovery platform. A three-crucible demonstration line is now fully operational for feedstock qualification, process optimisation and customer testing, while a key environmental Permit-by-Rule from the Texas Commission on Environmental Quality has been secured, enabling broader plant commissioning. Commissioning is progressing across utilities, feedstock handling, environmental control and safety systems under a structured dry and wet program, supporting a staged ramp-up to Stage-1 nameplate capacity of 8,000 tonnes per annum of inbound PCB e-waste by the third quarter of 2026. Initial operations will target recovery of gold, copper, silver and tin from PCB feedstocks, with advanced planning for a future gallium and germanium line and negotiations for long-term PCB feedstock supply agreements underway, underpinning Metallium’s scale-up strategy and strengthening its position in the critical-metals recycling sector.
The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.
More about Mt Monger Resources Ltd.
Metallium Limited is an ASX- and OTCQX-listed technology-driven critical-metals recovery company developing its Texas Technology Campus (Gator Point) in Chambers County, Texas. The company focuses on processing printed circuit board (PCB) e-waste using its proprietary Flash Joule Heating technology to recover high-value metals such as gold, copper, silver and tin, with plans to expand into specialty metals including gallium and germanium, subject to feedstock supply.
Average Trading Volume: 7,652,791
Technical Sentiment Signal: Buy
Current Market Cap: A$589.9M
For detailed information about MTM stock, go to TipRanks’ Stock Analysis page.