• Major progress achieved at the Gator Point Technology Campus since acquisition less than 12 months ago
• Demonstration of three (3) FJH reactors operating in parallel, expected to deliver ~3-5 t/day raw PCB throughput
• Ultimate Stage-1 capacity target by Q4 2026: ~20 tonnes/day of inbound PCB feedstock, or approximately 8,000 tonnes per annum

Metallium Limited is pleased to provide an update on the commissioning progress at its Gator Point Technology Campus in Chambers County, Texas, where the company is scaling its proprietary Flash Joule Heating (FJH) technology for the recovery of critical, precious and base metals from electronic waste (printed circuit boards or 'PCBs') and other high-value feedstocks. Since acquiring the site less than twelve months ago, Metallium has undertaken substantial site rehabilitation, infrastructure upgrades and installation of processing equipment, transforming the facility into the company's primary U.S. technology demonstration and early commercial processing hub. Commissioning activities are now progressing across the integrated flowsheet as the company advances the industrial scale-up of Flash Joule Heating technology. The next major milestone will be demonstrating three FJH reactors operating in parallel, which is expected to deliver approximately 3-5 tonnes per day of raw PCB throughput. Achieving this milestone will validate the scalability of the technology and represents an important step toward the Stage-1 commercial configuration targeting approximately 8,000 tonnes of PCB feedstock per year. Metallium has also executed a binding long-term feedstock supply agreement with Glencore and is in discussions with several additional suppliers to secure further feedstock tonnage under comparable long-term agreements. Beyond PCB recycling, Metallium is evaluating the addition of a dedicated specialty metals recovery line at the Gator Point facility, targeting semiconductor and technology metals including gallium and germanium.

Ultimate Stage-1 capacity target by Q4 2026: ~20 tonnes/day of inbound PCB feedstock, or approximately 8,000 tonnes per annum

Metallium is rapidly advancing the industrial scale-up of its proprietary Flash Joule Heating (FJH) technology at its Gator Point Technology Campus in Texas, with a key milestone of demonstrating three FJH reactors operating in parallel expected by June 2026. The company is also evaluating the addition of a dedicated specialty metals recovery line at the Gator Point facility, targeting semiconductor and technology metals including gallium and germanium.