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An update from Mt Monger Resources Ltd. ( (AU:MTM) ) is now available.
Metallium Ltd has announced a Memorandum of Understanding with Glencore, a major recycler of end-of-life electronics, to collaborate on electronic scrap supply and metal offtake in the U.S. This agreement secures critical feedstock supply for Metallium’s Texas facility and positions the company for scalable growth. The partnership with Glencore validates Metallium’s technology and supports its U.S. expansion strategy, aiming to build a national network of e-waste processing plants. The MOU includes provisions for Glencore to supply feedstock and purchase a significant portion of Metallium’s recycled products, with an intention to finalize a binding agreement by the end of 2025.
The most recent analyst rating on (AU:MTM) stock is a Buy with a A$0.96 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.
More about Mt Monger Resources Ltd.
Metallium Ltd is a company focused on recycling end-of-life electronics and critical metal-containing products. The company is advancing its U.S. operations through its subsidiary, Flash Metals USA Inc., with a focus on utilizing its proprietary Flash Joule Heating technology to process electronic scrap and expand its network of e-waste processing facilities.
Average Trading Volume: 6,943,608
Technical Sentiment Signal: Buy
Current Market Cap: A$723M
Find detailed analytics on MTM stock on TipRanks’ Stock Analysis page.