Offtake Agreement with Indium Corp for Gallium & Germanium

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Stock MTM Critical Metals Ltd (MTM.ASX)
Release Time 31 Mar 2026, 9:41 a.m.
Price Sensitive Yes
 Metallium signs 10-year offtake deal with Indium Corp for critical metals
Key Points
  • Binding 10-year offtake agreement executed with Indium Corp
  • Covers supply of gallium, germanium and other critical metals
  • Establishes commercial pathway for U.S. recovery of strategic metals
Full Summary

Metallium Limited (ASX: MTM) has announced that its wholly owned U.S. subsidiary, Flash Metals USA Inc., has executed a binding 10-year offtake agreement with Indium Corporation, a premier U.S. materials refiner and manufacturer. The agreement covers the supply of gallium (Ga), germanium (Ge) and other critical metals recovered using Metallium's Flash Joule Heating technology from secondary raw materials and electronic scrap. Indium Corporation, founded in 1934 and headquartered in Clinton, New York, is a leading global supplier of materials to the electronics, semiconductor, thin-film, and thermal management industries. Under the agreement, Flash Metals USA will supply, and Indium Corporation will purchase, specified recovered metals including gallium, germanium, copper, tin, gold and indium. Pricing will be determined by formula-based pricing. The offtake agreement has an initial term of 10 years with automatic 5-year renewal periods. Metallium sees this as a major step forward in commercializing its U.S. recycling platform and building a resilient, U.S.-based supply chain for strategically important technology metals.

Outlook

Metallium is advancing commissioning activities at its Gator Point Technology Campus in Texas, with key milestones including demonstrating multi-unit, parallel Flash Joule Heating operation by the June quarter and ongoing integration of pre- and post-processing circuits.