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MTM Critical Metals Secures Key E-Scrap Supply Agreements to Boost U.S. Operations

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MTM Critical Metals Secures Key E-Scrap Supply Agreements to Boost U.S. Operations

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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

For an in-depth examination of MTM stock, go to TipRanks’ Stock Analysis page.

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