Mt Monger Resources Ltd. ( (AU:MTM) ) has issued an announcement.
MTM Critical Metals Ltd has completed the process design for its 1-ton-per-day Flash Joule Heating Demonstration Plant, marking a significant step towards commercializing its innovative metal recovery technology. This milestone ensures the company is on track to begin operations by the end of 2025, with procurement of key equipment underway and strong engagement with industrial partners in Texas and Louisiana for site selection. The plant aims to validate the technology at scale, paving the way for larger modular units and strategic partnerships, positioning MTM as a leader in sustainable innovation for a resource-secure future.
More about Mt Monger Resources Ltd.
MTM Critical Metals Ltd is a company involved in the metal recovery and mineral processing industry. It focuses on developing innovative technologies for processing critical metals such as gallium, germanium, and rare earth elements, with a market focus on reshoring critical metals production to the USA and strengthening America’s supply chain for strategic materials.
YTD Price Performance: -23.08%
Average Trading Volume: 8,942,204
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$91.67M
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