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Mt Monger Resources Ltd. ( (AU:MTM) ) has shared an announcement.
MTM Critical Metals Ltd made significant progress in the December 2024 quarter by advancing its Flash Joule Heating (FJH) technology, forming strategic partnerships, and enhancing its financial foundation. A key development was the strategic partnership with Indium Corporation to develop U.S.-based recovery solutions for critical metals, aligning with U.S. initiatives to reduce dependency on imports. This collaboration supports MTM’s applications for substantial U.S. Department of Energy grants. Additionally, MTM transitioned its FJH technology to continuous processing, improving scalability and commercial viability. The company achieved breakthroughs in e-waste recycling, with substantial recovery rates of tin and palladium, positioning itself to address supply chain vulnerabilities and capitalize on the recycled e-waste market. Financially, MTM raised A$15.5M through capital raises and dual-listed on the OTCQB Venture Market, expanding its reach to U.S. investors.
More about Mt Monger Resources Ltd.
MTM Critical Metals Ltd operates in the critical metals industry, focusing on the development and commercialization of advanced technologies for metal recovery. The company is particularly involved in producing sustainable solutions for the recovery of essential metals like gallium, germanium, and indium, which are crucial for the semiconductor and technology sectors.
YTD Price Performance: -7.69%
Average Trading Volume: 9,047,896
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$107.7M
For an in-depth examination of MTM stock, go to TipRanks’ Stock Analysis page.
