Metallium (ASX:MTM) announced that its US subsidiary, Flash Metals USA, has signed a binding e-scrap supply agreement with global commodities and recycling giant Glencore.
The agreement provides Metallium with long-term access to end-of-life electronics, lithium-ion batteries, and other critical metal-containing products, supporting the commissioning and scale-up of the company's flash joule heating technology platform in the United States.
This represents Metallium’s first binding feedstock contract, signaling the company's transition from development to commercial operations.
The multi-year supply arrangement with a Tier-1 recycler offers the throughput certainty needed to expand Metallium's US FJH operations, enabling predictable processing rates and the deployment of multiple processing lines across its Technology Campus.