Mt Monger Resources Ltd. ( (AU:MTM) ) has issued an announcement.
MTM Critical Metals Ltd has announced a significant advancement in metal recovery from electronic waste, achieving ultra-high-grade gold and silver recovery rates using their Flash Joule Heating technology. The company has secured a five-year supply agreement with Dynamic Lifecycle Innovations, ensuring a consistent feedstock supply for their U.S. operations. This agreement, along with interest from the U.S. Department of Defence, positions MTM as a leader in the E-Waste recycling market, enhancing their credibility and de-risking their commercial rollout. The breakthrough in metal recovery and secured supply chain are pivotal for MTM’s strategic partnerships and long-term growth in the industry.
More about Mt Monger Resources Ltd.
MTM Critical Metals Ltd is a company involved in the recycling industry, focusing on the recovery of precious and high-value metals from electronic waste (E-Waste). The company utilizes proprietary Flash Joule Heating technology to achieve high recovery rates of metals such as gold, silver, and copper from end-of-life electronics. MTM is positioned within the growing E-Waste recycling market, which is projected to reach a value of $250 billion by 2032.
YTD Price Performance: -51.92%
Average Trading Volume: 5,778,472
Technical Sentiment Signal: Sell
Current Market Cap: A$57.33M
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