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Highlights

  • MTM to focus more on rare earth elements and e-waste recycling technology under new identity
  • The Company previously raised AUD 50 million and holds licence to Flash Joule Heating (FJH) tech.
  • MTM shares rise 16.67% to AUD 0.66 following rebrand announcement to Metallium Ltd

 

MTM Critical Metals Ltd (ASX: MTM) soon to be renamed Metallium Ltd, is an Australian-listed company engaged in technology-driven mineral recovery and recycling. It is developing proprietary processes to extract critical minerals and other valuable metals from waste materials and complex feedstocks. The company holds the Australian licence for Flash Joule Heating (FJH) technology and is expanding its presence in rare earths and industrial recycling, with commercial activities and partnerships spanning Australia and the United States.

The company announced plans to rebrand as Metallium Ltd, prompting a 16.67% increase in share price to AUD 0.66 as of 30 June 2025. The proposed name change was revealed during an investor presentation following the company’s recent AUD 50 million capital raise.

The new name, Metallium, is designed to reflect the company’s strategic shift toward rare earth elements (REEs), signalling an emphasis on critical minerals and advanced recycling technologies. The company believes the new identity better aligns with its evolving portfolio and market focus.

While MTM initially gained market attention through its reported ability to extract high-grade gold from electronic waste — with previous results suggesting gold recoveries equivalent to over 500g/t — the pivot under the Metallium brand indicates a prioritisation of extracting rare earth elements from similar feedstock.

MTM has developed a proprietary recycling process that uses what it describes as ‘e-char’ feedstock. The approach is aimed at capturing saleable quantities of valuable metals from smaller volumes of processed material. This may offer a more viable commercial path in the REE space than pursuing large-scale gold recovery, which typically requires greater material throughput.

The rebrand comes alongside renewed attention to the company’s broader technology assets. MTM holds the Australian rights to Flash Joule Heating (FJH), a technology it describes as having potential in the recycling and critical minerals sectors. With early-stage development modules reportedly underway, the technology could represent an additional revenue stream for the business, beyond metal recovery.

In its investor materials, the company referred to itself under the new name as a “U.S.-led industrial tech company,” highlighting its commercial connections to the U.S. market. Although not directly addressed in the announcement, this positioning may also reflect market sentiment tied to policy shifts or strategic interest in U.S.-aligned supply chains for critical minerals.

The AUD 50 million placement, completed before the rebrand announcement, is expected to support ongoing technology development and commercialisation efforts. The structure and use of funds from the placement were not disclosed in the investor update but are likely to be detailed in future announcements.