Mt Monger Resources Ltd. ( (AU:MTM) ) has shared an update.
MTM Critical Metals Ltd has secured a second long-term supply agreement with Plastic Recycling Inc., a leading U.S. recycler, to provide up to 400 tonnes per year of high-value electronic scrap. This agreement, along with an existing one, ensures a total of over 1,100 tonnes per year of guaranteed feedstock, supporting MTM’s U.S. operations and technology rollout. The secured supply de-risks MTM’s commercial pathway, ensuring reliable feedstock for its Flash Joule Heating processing, enhancing its credibility in offtake discussions, and positioning the company as a significant player in the U.S. critical materials recovery sector.
More about Mt Monger Resources Ltd.
MTM Critical Metals Ltd is a company operating in the electronic waste recycling industry, focusing on the recovery of precious and base metals from high-metal-content electronic scrap. The company is positioning itself as a key player in reshoring critical materials recovery in the U.S., leveraging advanced processing technologies to enhance its market presence.
YTD Price Performance: -36.54%
Average Trading Volume: 5,509,517
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$57.33M
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