Mt Monger Resources Ltd. ( (AU:MTM) ) has provided an announcement.
MTM Critical Metals Limited has issued 345,012 ordinary shares to KnightHawk Engineering as payment for engineering services related to the development of the company’s Flash Joule Heating prototype. This issuance, part of a placement announced earlier in March, reflects MTM’s strategic focus on advancing its innovative metal recovery technology, which could significantly impact the industry by offering a more economical and environmentally friendly alternative to traditional methods.
More about Mt Monger Resources Ltd.
MTM Critical Metals Limited is an ASX-listed company based in Perth, Western Australia, focusing on metal recovery technology development and mineral exploration. The company owns Flash Metals USA Inc, a subsidiary in Texas, USA, and holds exclusive licensing rights to the Flash Joule Heating technology, a cutting-edge metal recovery and mineral processing method. MTM’s exploration assets include niobium, rare earth elements, and gold in Western Australia and Québec.
YTD Price Performance: -38.46%
Average Trading Volume: 6,025,502
Technical Sentiment Signal: Sell
Current Market Cap: A$73.33M
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