Key points
- Chlorinated testing to resume this week at Texas Technology Campus
- First revenue of $500,000 from ECT MXene testing program
- Area 140 roof restoration on track for early September
- John Campo appointed as Texas-based Head of Engineering
Full summary
Metallium Limited announced the resumption of chlorinated testing at its Gator Point Technology Campus in Texas, following the resolution of site footprint and permitting constraints. The Company has secured additional land from Chambers County, enabling the recommencement of chlorinated Flash Joule Heating (FJH) testing. Metallium has also commenced receiving the first $500,000 payment from ECT under the MXene development program, marking the start of revenue from this agreement. The Company is expanding its on-site laboratory capabilities with additional X-ray diffraction (XRD) and thermogravimetric analysis (TGA) equipment to support ongoing optimization and testing activities. The Area 140 roof restoration remains on track for completion in early September, and John Campo has been appointed as Head of Engineering, bringing extensive experience in engineering and process manufacturing.
Guidance
First revenue of $500,000 expected by the end of the week from ECT MXene testing program
Outlook
Metallium plans a 12-hour multi-reactor chlorinated campaign in September to generate data for optimizing reactor parameters and environmental assessments.