Binding e-Waste Feedstock Supply Agreement with Glencore

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Stock MTM Critical Metals Ltd (MTM.ASX)
Release Time 5 Jan 2026, 9:34 a.m.
Price Sensitive Yes
 Metallium Executes Binding E-Waste Feedstock Supply Agreement with Glencore
Key Points
  • Metallium has executed a binding contract for the supply of up to 2,400 tonnes per annum of e-scrap from Glencore
  • The agreement establishes a secure, multi-year feedstock foundation supporting ongoing commercial commissioning and subsequent scale-up of FJH processing lines
  • The contract reflects Glencore commercial terms for secondary materials and follows technical and commercial collaboration under the parties' previously announced MOU
Full Summary

Metallium Limited ('Metallium' or the 'Company') (ASX: MTM; OTCQX: MTMCF) has executed a binding electronic-scrap ('e-scrap') supply agreement with Glencore Ltd. ('Glencore'), a major recycler of end-of-life electronics, lithium-ion batteries, and other critical metal-containing products. The agreement marks a significant commercial milestone for Metallium, providing secure long-term access to e-scrap feedstock to support the ongoing commissioning and scale-up of the Company's Flash Joule Heating (FJH) technology platform in the United States. This agreement is Metallium's first binding feedstock supply contract and marks the Company's transition from development into commercial commissioning and execution. Securing a multi-year supply from a global Tier-1 recycler provides the throughput certainty required to scale Metallium's U.S. FJH operations, enabling predictable processing rates and multi-line deployment across the Company's Technology Campus. The agreement also enhances Metallium's position within the rapidly developing U.S. critical-materials recycling landscape, supporting deeper engagement with downstream refiners, OEMs and strategic partners. Metallium is positioning FJH as a near-term domestic processing solution for PCB-rich waste streams, with commissioning now underway at its Texas Technology Campus.

Outlook

Metallium is positioning FJH as a near-term domestic processing solution for PCB-rich waste streams, with commissioning now underway at its Texas Technology Campus.