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An update from Mt Monger Resources Ltd. ( (AU:MTM) ) is now available.
Metallium Ltd, a dual-listed company on the ASX and OTCQX, develops low-carbon technologies to recover critical and precious metals from waste and concentrate streams, targeting strategic materials in line with U.S. supply chain objectives and advancing toward commercial production in Texas. Its patented Flash Joule Heating process aims to unlock value from refinery scrap, e-waste, monazite, and similar high-grade sources while enhancing supply security for key industrial inputs.
The company has issued 1,407,143 fully paid ordinary shares at a deemed price of $0.51, and has lodged a cleansing notice so these shares can be freely traded under Australian securities law without a full prospectus. Metallium confirms it is up to date with its financial reporting and continuous disclosure obligations and states there is no undisclosed information material to assessing its financial position or the rights attached to the new shares, providing regulatory clarity and reassurance for investors about the new capital on issue.
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 Ltd is a technology-focused metals recovery company pioneering a low-carbon, high-efficiency process to extract critical and precious metals from mineral concentrates and high-grade waste streams. Using its patented Flash Joule Heating technology, it recovers materials such as gallium, germanium, antimony, rare earth elements, and gold from feedstocks including refinery scrap, e-waste, and monazite. The company is aligned with U.S. strategic supply chain priorities and has secured its first commercial site in Texas through its subsidiary Flash Metals USA Inc., positioning it for near-term production and revenue.
Average Trading Volume: 3,364,121
Technical Sentiment Signal: Hold
Current Market Cap: A$364.7M
See more insights into MTM stock on TipRanks’ Stock Analysis page.