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Mt Monger Resources Ltd. ( (AU:MTM) ) has provided an announcement.
Metallium Limited has secured exclusive rights to apply its Flash Joule Heating technology to the Harts Range Project in Australia, significantly enhancing the concentration of rare earth elements dysprosium and terbium in raw ore. This agreement positions Metallium at the forefront of Western heavy-rare-earth refining, offering a potential high-impact opportunity for U.S. defense and magnet supply chains by reducing processing complexity and capital intensity.
The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 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 a company focused on advanced rare-earth refining technology, primarily engaged in the commercialisation of its proprietary Flash Joule Heating (FJH) process. The company operates in the mineral processing and e-waste sectors, with a strategic emphasis on heavy rare earth elements, particularly dysprosium and terbium, which are critical for defense and magnet supply chains.
Average Trading Volume: 7,757,648
Technical Sentiment Signal: Buy
Current Market Cap: A$439.9M
Find detailed analytics on MTM stock on TipRanks’ Stock Analysis page.