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Mt Monger Resources Ltd. ( (AU:MTM) ) has shared an announcement.
Metallium Ltd has entered into a binding Technology Collaboration Agreement with Ucore Rare Metals Inc. to establish a U.S.-based REE supply chain. This collaboration integrates Metallium’s FJH platform with Ucore’s RapidSX™ technology, creating a pathway for processing diverse REE feedstocks into separated oxide products, a capability previously dominated by China. The agreement aims to enhance U.S. supply chain resilience, reduce refining complexity, and explore joint funding opportunities. Metallium’s involvement in this collaboration positions it as a key player in the U.S. REE market, with potential benefits for stakeholders including new market entries and expanded processing capabilities.
The most recent analyst rating on (AU:MTM) stock is a Buy with a A$0.96 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 company involved in the rare earth element (REE) industry, focusing on the separation and processing of REEs. The company utilizes its proprietary FJH platform to upgrade complex feedstocks into clean chloride intermediates, which are compatible with downstream separation technologies. Metallium is strategically positioned to contribute to the U.S. REE supply chain independence, particularly in the magnet recycling market and heavy REE sectors.
Average Trading Volume: 7,054,823
Technical Sentiment Signal: Buy
Current Market Cap: A$643.4M
Learn more about MTM stock on TipRanks’ Stock Analysis page.