Metallium Limited (QX) (MTMCF)

The red tag "Sale" price continues!

MTMCF

$0.2676 -0.01745 (-6.12%)

* Averaging down while the deep discounts are available.
** Not a buy or sell recommendation

Marker:

MTMCF
$0.3848 0.0299 (8.42%)
Volume: 241,522

*Excellent time imo to add to a position before material events are expected and the stock is 'On-Sale'!

.

This stock has been wobbling between $.32 to $.75.

I personally don't think you should bail. Give it one full year from today - July 2027. They should have most of it working by then.
But of course I could be dead wrong.

My worst performer. I should have baled at a 25% loss, but didn't want to miss the party. Ugh!

Is this going to the $teens???

Interesting price walk down over the last 6 months. No real news either to explain. Would like to see if there’s any decent support around this price. 

So far stock performance has been VERY DISAPPOINTING.

This company going to be yuge one day. 

Marker:

Metallium Ltd (QX) (MTLMY) (ADR)

$10.02 0.0075 (0.07%)
Volume: 1,690

Note:

Attention US Investors

Metallium is listed on the OTCQX Best Market in the United States under the ticker MTMCF, with an American Depositary Receipt (ADR) also trading under MTLMY. These listings provide U.S. investors with convenient access to Metallium shares through a trusted, transparent market and reinforcing the company’s commitment to global capital market participation.

(Converting shares to ADR before the deadline will save in fees to do so later.)

For more Info on the Metallium ADR stock:

https://investorhub.metalliuminc.com/invest

* Not a buy or sell recommendation

Just ran across this co and its flash joule tech..talked about as an alternative/potential competing tech to
Hydrograph..... hmmm. I know little as of now, but do note the price looks promising, compared to where it was some months ago.

Marker:

MTMCF

$0.541925 0.000425 (0.08%)
Volume: 146,751

*Not a buy or sell recommendation
** Added 10,500 @ $0.54

An advanced flash recycling process that uses high-temperature chemistry to rapidly extract critical metals (lithium, indium, gallium, rare earths, etc.) from electronic waste with high purity and low waste, offering a more efficient, water-free alternative to conventional mining and refining. It positions this method as a strategic tool in the circular economy to reduce dependence on Chinese supply chains for critical materials.



Weekly Chart
https://schrts.co/enbSdCYt

NFM: Binding Option to Acquire 90% of Advanced Pomme REE
Published: 12/02/26, 09:52am (AEST)•24 pages
Metallium
MTM:ASX•Basic Materials

Binding Option to Acquire 90% of Advanced Pomme
REE Project in Quebec, Partnering with Metallium
ASX RELEASE: 12 FEBRUARY 2026
ASX: NFM | OTCQB: NFMXF | LSE: NFM
ASX:NFM New Frontier Minerals Limited
420 Bagot Rd, Subiaco, Western Australia, 6008 www.newfrontierminerals.com

• Binding option and staged earn-in agreement executed to acquire 90% of the Pomme Project which is a large carbonatite-hosted REE-Nb Rare Earth Element (REE) Project in Québec
• Strategic alignment and acquisition from Metallium Limited (ASX: MTM) deepens the Harts Range vertical integration1, adds a complementary Canadian asset, to create a western world jurisdictional partnership
• Metallium to assist as processing and technology partner, supporting metallurgical test work and downstream development
• Initial activities will target conventional metallurgical studies work and Flash Joule Heating (FJH) test work on existing drill samples to assess the potential for upgrading REE mineralisation
• Limited wide spaced scout drilling undertaken to date with high grade known mineralisation and large
areas remaining untested from reconnaissance drilling
• Pomme REE Carbonatite key historical intercepts2,8 include:

Drillhole POM-23-03: 398m @ 0.54% TREO & 0.05% Nb2O5 from 16m, including:
30.5m @ 1.13% TREO & 0.03% Nb2O5 (from 311.5m) including
26.5m @ 1.45% TREO & 0.02% Nb2O5
51m @ 0.92% TREO & 0.06% Nb2O5 (from 216m) including
9m @ 1.21% TREO & 0.03% Nb2O5 and
8.5m @ 1.62% TREO & 0.03% Nb2O5
36m @ 0.92% TREO & 0.06% Nb2O5 (from 174m) including
18m @ 1.16% TREO & 0.03% Nb2O5

Drillhole POM-23-01: 513m @ 0.33% TREO & 0.08% Nb2O5 from 32m, including:
17.5m @ 0.68% TREO & 0.08% Nb2O5 (from 228.6m) including
7.6m @ 0.9% TREO & 0.02% Nb2O5, and
94.8m @ 0.55% TREO & 0.05% Nb2O5 (from 333.5m) including
4.5m @ 1% TREO & 0.02% Nb2O5, and
4.9m @ 1.1% TREO & 0.02% Nb2O5, and
4.25m @ 1.28% TREO & 0.02% Nb2O5, and
17m @ 0.72% TREO & 0.06% Nb2O5

• The project comprises easily accessible claims via logging roads, with access to hydro-electric power,
relatively flat topography, and is supported by extensive mining infrastructure and services2
• Low cost upfront consideration A$100,000 cash and A$200,000 in shares with contingent payments to earn a majority project interest through staged investment and technical milestones
• Government support and existing arrangements with local Cree First Nations of Waswanipi (CFNW) community2
• NFM (OTCQB:NFMXF) has engaged New York-based Viriathus Investor Advisory to expand its profile and actively promote the Company to US investors and capital markets

New Frontier Minerals Limited (ASX: NFM) (“NFM” or “the Company”) is pleased to announce it has entered into a binding option and earn-in agreement providing NFM with the right to acquire a majority (90%) interest in the Pomme REE Project from Australian-listed company Metallium (ASX: MTM), which is located approximately 500 km northwest of Montréal in Québec around 100 km from the service town of Lebel-sur-Quévillon. The Pomme Project, consists of 43 mineral claims, covering 2,400 ha. NFM holds the exclusive and binding option to acquire 90% of the Pomme REE-Nb project.

Chairman Gerrard Hall commented: “This transaction materially advances NFM’s critical minerals strategy. Pomme is a large, carbonatite-hosted REE system in a proven Québec district, with historical drilling having already confirmed scale and continuity. The earn-in structure provides a capital-efficient pathway for growth, while early integration of Metallium as processing and technology partner further enhances the opportunity. The Board believes Pomme’s scale, location and upside strongly position NFM to deliver meaningful shareholder value.”

John Hannaford, Chairman of Metallium, said: “We are delighted to partner with NFM in advancing and
unlocking the full potential of the Pomme rare earths project. New Frontier brings strong exploration capability and a disciplined, value-driven approach to discovery, which we believe can materially enhance the scale and quality of the mineralised system. When combined with Metallium’s proprietary processing technologies and a comprehensive metallurgical test-work program, this partnership has the potential to support value uplift across both the resource and downstream development pathways.”

POMME CARBONATITE REE PROJECT
The Project is located approximately 500 km northwest of Montréal in Québec, around 100 km from the service town of Lebel-sur-Quévillon, approximately 50 km west of the Waswanipi Cree First Nation community, and benefits from easy access via established logging roads (Figure 1)2. The Project comprises 43 mineral claims, covering approximately 2,400 ha area and is located 7km from the world class Montviel Deposit which has a total Indicated and Inferred resource of 266 Mt @ 1.46% TREO and 0.14% Nb2O5.

Figure 1: Regional location map showing Pomme Project, in Québec, Canada2

MTM Critical Metals (a 100% subsidiary of ASX:MTM) has completed a 13-hole diamond drilling program totalling approximately 5,718 metres at its Pomme Rare Earth Element and Niobium Project in Québec, Canada2. Carbonatite-hosted REE-Nb mineralisation was intersected in every drill hole, confirming the presence of a large, laterally extensive mineralised system exceeding 2 km² that remains open at depth (Figure 2).
The historic work program has significantly advanced the geological understanding of the complex, with early interpretations indicating that higher-grade mineralisation occurs within a ring structure surrounding a magnetic ultramafic carbonatite core.

Drill holes POM-23-03, POM 23-01 and POM 23-07 to the southwest of the mineralised carbonatite returned broad mineralised intervals with multiple high-grade TREO intersections, supporting strong geological similarities to the nearby world-class Montviel carbonatite deposit.

Importantly, large portions of this prospective ring structure remain untested due to the broad drill spacing, presenting clear potential for further discovery through follow-up drilling.

Figure 2: MTM scout drilling at the Pomme Project area overlain on airborne magnetic image (TMI, 1VD)

STRATEGY AND DEVELOPMENT OPPORTUNITY
The Pomme Project provides NFM with a highly capital-efficient, low-risk entry into a strategically located Canadian rare earth asset via a two-year option structure requiring upfront consideration of A$100,000 in cash and A$200,000 in NFM shares and minimum annual expenditure of A$100,000 per annum during the option period. This staged earn-in framework enables NFM to progressively earn a majority (90%) interest through defined technical and investment milestones, significantly limiting upfront capital exposure while preserving substantial upside.

1. Initial work programs will focus on conventional metallurgical test work alongside the application of Metallium’s proprietary Flash Joule Heating (FJH) technology to existing drill core, targeting the production of upgraded rare earth concentrates and early validation of a scalable, low-cost processing pathway that has the potential to materially enhance project economics.

2. The Pomme Project presents compelling exploration upside, having been subject to only limited, widely spaced drilling to date, with drill lines approximately 500 metres apart2. Despite this early-stage drill density, high-grade rare earth element intersections have already been identified within a large, laterally extensive carbonatite system, highlighting the potential for significant growth through follow-up drilling targeting near surface higher grade zones of rare earth mineralistion.

The existing results indicate that higher-grade zones of mineralisation remain open, providing New Frontier Minerals with a strong opportunity to materially expand the scale and grade of mineralisation through systematic infill and step-out drilling programs.

METALLIUM TECHNOLOGY PARTNERSHIP
The acquisition deepens the Harts Range vertical integration with MTM1, adds a highly complementary Canadian asset, and creates a compelling Western-world partnership with MTM across Australia and Canada, delivering value for shareholders.

NFM’s binding commercial framework with Metallium also establishes a strategic technology partnership that is directly applicable to the advancement of the Pomme REE–Nb Project in Québec. Under this framework, MTM’s proprietary Flash Joule Heating (FJH) technology has demonstrated encouraging sighter beneficiation results on raw rare earth ore, producing high-grade, Dy/Tb-rich concentrates without conventional flotation, acid leaching or reagent-intensive processing.

The REE concentration enhancement and impurity rejection results observed through the aforementioned FJH test work indicate potential to support alternative downstream processing pathways for carbonatite-hosted rare earth projects such as Pomme, compared to conventional techniques. Alignment with MTM provides NFM with early integration of advanced metallurgical test work, access to MTM’s Texas Technology Campus for testing, and a clear potential pathway to Western-aligned rare earth supply chains, including U.S. magnet and defence markets, reinforcing the strategic value of the Pomme Project within a vertically integrated rare earth development strategy.

NEXT STEPS
Preliminary metallurgical test work

Selection of diamond drill core for characterisation tests and accelerate metallurgical assessment on
existing diamond core samples, utilising conventional metallurgical test work and tailored MTM Flash Joule Heating (FJH) processing technology to beneficiate and upgrade REE sample.

Model geology, drilling and target high-grade mineralisation
Integration of geological logging, assay results and geophysics into 3D model and identification of
continuous higher grade zones for follow-up drilling.

OPTION AND EARN-IN TERMS
The Pomme Project consists of 43 mineral claims, covering 2,400 ha. New Frontier Minerals holds the exclusive and binding option to acquire 90% of the Pomme REE-Nb project from Metallium.

Key Terms Summary – Pomme Rare Earth Project Option & Earn up to 90% interest in the project tenements from Metallium Ltd (via its option to acquire 100% of Critical Element Exploration Pty Ltd, holder of the GeoMega option).

Option Terms and Earn-in Terms
Option Fee:
• A$100,000 cash (A$50,000 already paid as an exclusivity deposit)
• A$200,000 in NFM shares, (issued at 5-day VWAP, 6-months escrow)
• Option Period: Commences on access to historic drill samples for 24-month duration with exclusive
rights to manage exploration and technical work during the option period

Stage 1 – Option Exercise (Initial Earn-In)
Upon exercise of the option at any time during the Option Period (subject to conditions precedent), NFM must pay the following option exercise fee:
• Cash: A$150,000
• Equity: A$200,000 in NFM shares (20-day VWAP, 6-month escrow)Result: Entry into Joint Venture and commencement of staged earn-in
• Minimum annual expenditure of A$100,000 per annum
Exercise of the Option is conditional upon the satisfaction (or waiver as applicable) of the following conditions precedent:
• Due diligence: completion of financial, legal and technical due diligence on the Tenements, to the absolute satisfaction of NFM;
• Third party approvals: the Parties obtaining all third party approvals and consents, necessary to lawfully complete the matters set out in this Agreement;
• Deeds of assignment and assumption: MTM, NFM executing a deed of assignment and assumption in relation to all material agreements;
• Joint Venture Agreement: the Parties entering into a definitive Joint Venture Agreement consistent with the terms and conditions set out in the binding Agreement;
• MTM and/ or its subsidiaries being the 100% legal and beneficial owner of the Tenements; and
• Technology Licence Agreement: MTM and NFM entering into a definitive Technology Licence Agreement
consistent with the terms and conditions set out in the binding Agreement;
(together, the Conditions Precedent).

Stage 2 – JORC Resource Milestone (within 3 years)
• Minimum Spend: A$2.0 million
• Interest Earned: 80% project interest
• Milestone Payment: A$250,000 cash and A$250,000 in NFM shares (20-day VWAP, 6-month escrow) upon earning an 80% interest

Stage 3 – Pre-Feasibility Study Milestone (within 5 years)
• Minimum Spend: A$3.0 million
• Interest Earned: 90% project interest
• Milestone Payment: A$250,000 cash and A$250,000 in NFM shares (20-day VWAP, 6-month escrow) upon earning a 90% interest

Residual Interest & FJH Royalty
• Vendor retains 10% free-carried interest to DFS
• If diluted below 10%, interest converts to a 1.5% NSR royalty on material processed through Metallium’s FJH facility
• Existing third-party royalties (GeoMega/Niogold) remain in place Technology Alignment
• Metallium retains ownership of its Flash Joule Heating (FJH) processing technology
• Parties may enter into a separate technology licence agreement, including per-tonne fees, annual licence fees, and royalties (commercial terms to be negotiated)

ENDS
This announcement was approved for release by the Board of New Frontier Minerals Limited

https://www.marketindex.com.au/asx/mtm/announcements/nfm-binding-option-to-acquire-90-of-advanced-pomme-ree-6A1311708

Marker:

Metallium Ltd
MTMCF

$0.7125 0.0025 (0.35%)
Volume: 830,708

*Not a buy or sell recommendation.

**Parent Company of wholly owned subsidiary Flash Metals USA

On good news - always goes DOWN. What a stock

Metallium Ltd Supply Agreement with Glencore Secures 2,400 Tonnes Annually
By William Hadrian on January 5, 2026

https://discoveryalert.com.au/metallium-supply-agreement-glencore-2026/
Metallium Secures Game-Changing Supply Agreement with Global Mining Giant Glencore
The Metallium Ltd supply agreement with Glencore represents a transformative milestone for Australian technology company Metallium Limited (ASX: MTM). This multi-year contract guarantees access to 2,400 tonnes per annum of electronic scrap, providing the feedstock certainty needed to commission and scale the company's revolutionary Flash Joule Heating (FJH) technology in Texas.

This landmark agreement represents far more than a simple supply contract—it validates Metallium's technology with one of the world's largest recycling operations. Furthermore, it establishes the foundation for predictable, scalable metal recovery operations in the United States.

In my opinion in 3 years could be in the $100s. The tension between China and US will only escalate over Taiwan, Japan, Philippines.
Just my opinion.

Deal is with Glencore - just announced.

Curious who the partner is. I'm in UCU looking to load MTM

We will soon see the announcement of a feedstock supply agreement with Glencore.

Metallium Announces Start of Texas Technology Campus Commissioning Following Successful First Chlorine Flash
PR Newswire
Mon, December 29, 2025 at 8:45 AM EST

Represents First Integrated Operation of the FJH Chlorination Process at Company's Texas Technology Campus

HOUSTON, Dec. 29, 2025 /PRNewswire/ -- Metallium Limited (ASX: MTM; OTCQX: MTMCF) announced that it has successfully completed its first chlorine flash, marking the formal start of the commissioning of the company's first plant located at Gator Point, in Texas.

"This represents a significant milestone for Metallium," said Michael Walshe, Managing Director and CEO of Metallium. He added that since Metallium acquired the site earlier this year, the campus has undergone a substantial transformation including major civil and concrete works, new building construction, and the installation of complex process and environmental infrastructure. "We had said we intended to formally commission the plan in Q4 of 2025, and we have met this deadline."

The successful and safe completion of the first chlorine flash using the company's proprietary Flash Joule Heating (FJH) technology represents a major step in de-risking the Company's U.S.-based critical-metals recovery platform, with commissioning activities progressing in parallel with ongoing construction work to support future expansion. Additional details are available here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03041967-6A1305478&v=undefined.

The company also highlighted the continued efforts at the facility:

A demonstration line is fully operational to be used on an ongoing basis for feedstock qualification, process optimization, customer and partner testing programs, as well as providing a dedicated R&D and scale-up platform alongside commissioning of the wider facility.

The Texas Commission on Environmental Quality (TCEQ) Permit-by-Rule (PBR), a key environmental permit, was approved on December 5, providing a key regulatory milestone and enabling commissioning and operations to proceed.

Commission activities underway at the broader Texas Technology Campus including:

Utilities and electrical systems, feedstock preparation and handling circuits

Environmental control and gas-scrubbing systems; process controls and safety systems.

Clear scale-up pathway to Stage 1 operations:

Commissioning aligned with Metallium's stage ramp-up strategy toward Stage 1 nameplate capacity of 8,000 TPA of inbound printed circuit board (PCB) e-waste.

Stage-1 throughput is targeted by Q3 2026, following progressive commissioning and modular expansion.

Texas Technology Campus is designed to support parallel scale-up, customer testing and commercial deployment.

PCB and Specialty Metal Processing Focus:

Stage-1 operations focused on recovery of gold, copper, silver and tin from PCB feedstocks.

Advanced planning underway for a future gallium/germanium process line, subject to securing feedstock supply.

PCB feedstock supply

Advanced negotiations are underway for several long-term PCB feedstock supply agreements, with final documentation at an advanced Stage.

Metallium (https://www.metalliuminc.com) is pioneering a low-carbon, high-efficiency approach to recovering critical and precious metals from mineral concentrates and high-grade waste streams. The company's patented Flash Joule Heating (FJH) technology enables the extraction of high-value materials, including gallium, germanium, antimony, rare earth elements, and gold, from feedstocks such as refinery scrap, e-waste and monazite. This first commercial site in Texas was secured by Metallium's wholly owned subsidiary, Flash Metals USA Inc. and is the company's first step toward near-term production and revenue generation.

For further information:
Beverly Jedynak, beverly.jedynak@viriathus.com
For Investors: (312) 943-1123
For Media: (773) 350-5793

View original content to download multimedia:https://www.prnewswire.com/news-releases/metallium-announces-start-of-texas-technology-campus-commissioning-following-successful-first-chlorine-flash-302650005.html

https://finance.yahoo.com/news/metallium-announces-start-texas-technology-134500919.html

Market Announcement
2 January 2026
2 January 2026 Market Announcement 1/1
ASX Limited ASX Customer Service Centre 131 279 | asx.com.au
Metallium Limited (ASX: MTM) – Trading Halt
Trading in the securities of Metallium Limited (‘MTM’) will be halted at the request of MTM, pending the
release of an announcement by MTM.
Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of:
• the commencement of normal trading on Tuesday, 6 January 2026; or
• the release of the announcement to the market.
MTM’s request for a trading halt is attached below for the information of the market.
Issued by
ASX Compliance

almost hit $.75 and then fell back to $.71s ..

Phew back to the $.73s. It was a shock to see it dive to the $.30s. Now I can relax again.

totally agree, but going from $.74/$.75 to $.32s almost straight down was a bit concerting -- like down 60%

Relax mdb1. You're holding a winner. I'm it for 40,000 shares and completely comfortable. This FJH technology is ground-breaking.

Back to $.62-$.64s. It didn't keep going down.

Dropping 3 cents/day. By end of Jan, could be $.20/share.

MTM keep DROPPING from .73s to $.55. What gives?

This is the TIME to be in the e-waste recovery business: gold, silver, platinum, palladium, copper and RARE EARTHS!!!!!

Come on MTM

It's down another $.05 after the news. Sell on the news?

Gold near record high; silver blasted up to new record high; platinum and palladium are up huge and copper is up.
What a wonderful environment for an e-waste recovery company with revolutionary technology and of course there is the recovery of rare earths from e-waste. Go Metallium.

Could MTMCF pop 3x????? I wonder.

MTMCF halted until major announcement or 24th of December
""Metallium Limited is focused on critical-metals recovery technology.
The company has requested a trading halt for a major U.S. collaboration announcement.""

Metallium is using revolutionary technology developed by Rice University. I do think there is plenty of $$$ to go around with e-waste with gold over $4200 and silver at $59 not to mention platinum and palladium. Plus now the rare earths an absolute national priority for the entire western world and especially the United States.
Copper is at a high price as well.

Here is another company cleaning up waste:

https://investorshub.advfn.com/Aduro-Clean-Technologies-Inc-ADUR-41770

US Govt pouring more money into rare earths/critical metals independence. E-waste recovery could be a focal point -- right up MTM's alley.

my totally out of blue GUESS -- $50/share coming by Jan 2027

Wish I knew about this stock when it was still in the $.40s range.

What is with the high volume (over 500,000 shares traded in 30 minutes)?

Inside Virginia's Data Center Suburbs

OUR FUTURE CUSTOMERS 😃.....🤠

2025 Annual General Meeting being held today, Friday 28 November 2025

https://webservices.weblink.com.au/article.aspx?articleID=lnEEcLFZgFlepKAgPJBBTClDmtcdp6qT96NzuFMi2KU=

nobody knows about this company

Yes, I saw that.

AI Overview
Metallium is planning to have a processing site in Harrisonburg, Virginia, located at a multi-modal recycling facility owned by Recycle Management LLC. The site is strategically positioned near the Northern Virginia data center corridor, giving it potential access to large amounts of electronic waste (e-waste).

Location: Harrisonburg, Virginia
Partner: Recycle Management LLC
Proximity to e-waste: The facility is close to the Northern Virginia data center corridor, which is a major source of e-waste from hyperscale and telecom companies.
Status: Metallium has secured a lease option for the site and has a 12-month exclusive right of first refusal to execute a long-term sublease.
Focus: The site will focus on processing e-waste to recover critical and precious metals.

MTM going on the NASDAQ in 2026.

US has HREE in Wyoming in at least 2 areas and maybe 3 areas. I wonder if Metallium's process would concentrate those ores.

A $.09/share company is now hitting $.61 - $.62. Why?

FJH Treatment Resulted in an Exceptional Beneficiation Result Increasing TREO from 1.7% to 35.0% (approximately a 20% upgrade) in a Single Step Flash and 53x/21x Dy-Tb Enrichment
Tue, November 18, 2025 at 8:45 AM EST

PERTH, Western Australia and HOUSTON, Nov. 18, 2025 /PRNewswire/ -- Metallium Ltd. (ASX: MTM) (OTCQX: MTMCF) announced it has established a major step forward in establishing a Western heavy-rare-earth refining pathway through a new collaboration with New Frontier Minerals, Ltd. Early testwork using Metallium's proprietary Flash Joule Heating (FJH) technology on material from NFM's Harts Range Project in the Northern Territory of Australia, delivered exceptional enrichment results for dysprosium (Dy) and terbium (Tb), two of the rarest and most strategic rare-earth elements (REEs). Metallium has simultaneously secured exclusive, project-linked rights to apply FJH to all future Harts Range material, reinforcing Metallium's leadership in advanced rare-earth refining technology.
Additional details can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03024166-6A1297452&v=undefined.
Metallium logo (PRNewsfoto/MTM Critical Metals Ltd.)


"These results highlight the disruptive potential of Metallium's technology. To take an unprocessed rock sample and produce a Dy/Tb-rich concentrate in one rapid, solvent-free step is exceptional," said Michael Walshe, Managing Director and CEO of Metallium. "It reinforces our position at the forefront of building a Western supply chain for the world's most strategic rare-earth metals. To achieve a more than 20-fold TREO upgrade and more than a 50-fold enrichment of dysprosium from a raw, un-beneficiated ore sample in a single flash is unprecedented in global heavy-rare-earth beneficiation," he stressed.

Walsh added that the U.S. currently has no major source for these two heavy REEs and the Department of War is actively looking for supply. "These two heavy REEs are almost 100% supplied by China today, from REE clay deposits, yet are critical for magnet and defense technologies," he explained.

The beneficiation results demonstrated that a single-step treatment with FJH increased TREO from 1.7% to 35.0%, approximately a 20 times upgrade in a single step flash, including 53 times Dy enrichment and 21 times Tb enrichment, with complete removal of detectable Fe, Si and Th from raw, un-beneficiated (no flotation, acid leaching or hydrometallurgical pre-conditioning) Harts Range Ore. "These results represent an unprecedented beneficiation performance for raw Dy-Tb bearing ore in a single, rapid, solvent-free reaction," Walsh said.

https://finance.yahoo.com/news/metallium-secures-binding-exclusive-rights-134500715.html