Metallium (ASX:MTM) executed a binding 10-year off-take agreement with New York-based Indium.
The partnership focuses on the supply of critical and precious metals, specifically gallium and germanium, recovered through Metallium’s proprietary flash joule heating technology.
Under the terms of the deal, Metallium’s U.S. subsidiary, Flash Metals USA, will provide a steady stream of recycled metals—including copper, tin, gold, and indium—generated from domestic electronic scrap and secondary raw materials.
This agreement marks a commercial milestone for Metallium as it seeks to monetise its recycling platform at scale.
Indium, a global leader in materials refining since 1934, will utilise these recovered elements to support the high-purity requirements of the semiconductor, defence, and AI infrastructure sectors.
Pricing for the materials will be governed by a formula-based structure, and the contract includes automatic five-year renewal periods, ensuring a long-term domestic resource loop.
Metallium’s Managing Director, Michael Walshe, emphasised that the collaboration addresses a critical vulnerability in the midstream processing of technology metals, which remains heavily concentrated in jurisdictions outside Western alignment.
By establishing a secure, US-based recovery pathway, both companies aim to enhance supply chain resilience for materials foundational to modern electronics.
Ross Berntson, CEO of Indium, noted that the deal helps unlock the "largely untapped potential" of secondary feedstocks, providing a sustainable alternative for the global electronics and thermal management markets.
At the time of reporting, Metallium’s share price was $0.57.