Metallium Secures First Binding E-Scrap Supply Deal with Glencore to Power U.S. Scale-Up

An update from Mt Monger Resources Ltd. ( (AU:MTM) ) is now available.

Metallium Limited has secured its first binding, multi-year electronic-scrap supply contract with Glencore, under which up to 2,400 tonnes per annum of PCB-rich e-scrap will be delivered to its U.S. operations. The deal underpins the commercial commissioning and planned scale-up of Metallium’s Flash Joule Heating processing lines at its Texas Technology Campus by providing reliable feedstock, enabling predictable reactor utilisation and multi-line expansion, and marking the company’s transition from project development into commercial execution. By locking in long-term feedstock from a global Tier-1 recycler, Metallium strengthens its position in the rapidly evolving U.S. critical-materials recycling market, supports domestic onshoring of high-value metal recovery, and sets a foundation for further agreements, including a separate binding offtake arrangement now being finalised.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$1.00 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 Australian-listed critical-materials recycling and technology company focused on processing high-value electronic waste, particularly printed circuit boards, through its proprietary Flash Joule Heating (FJH) platform. Operating via its U.S. subsidiary Flash Metals USA Inc., the company is developing a technology campus in Texas aimed at domestic, modular and electrically driven recovery of metals such as copper, gold, silver and palladium from e-scrap, aligning with U.S. industrial policy and supply-chain resilience objectives.

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Technical Sentiment Signal: Buy

Current Market Cap: A$668.4M

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