Successful Completion of First Multi-Unit FJH Test Campaign

• Three FJH units operated simultaneously for 12 hours with 83% availability
• Approximately 0.3 tonnes of inert material processed during the campaign
• Campaign completed without safety incidents or lost-time injuries

MTM Critical Metals Ltd has announced the successful completion of its first multi-unit Flash Joule Heating (FJH) operations campaign at its technology development facility in Texas. The campaign involved three FJH units operating simultaneously for 12 hours, achieving 83% availability and approximately 100% utilisation. The campaign processed approximately 0.3 tonnes of inert material and was completed without any safety incidents or lost-time injuries. The successful operation of multiple units provides confidence in the scalability of the FJH technology platform and generates critical data for future development.

The Company plans to progress to multi-unit chlorination campaigns with commercial feedstocks, subject to regulatory approvals.