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Mt Monger Resources Ltd. ( (AU:MTM) ) has provided an announcement.
MTM Critical Metals Limited responded to an ASX query regarding unusual trading activity, attributing it to a report by George Gilder that highlighted the company’s potential in the rare earths market. The report’s circulation on social media may have influenced trading, although MTM did not confirm any direct impact. The company continues to advance its Flash Joule Heating technology, working on material testing and planning for a demonstration module, while exploring potential sites for a pilot plant.
More about Mt Monger Resources Ltd.
MTM Critical Metals Limited operates in the critical metals industry, focusing on the development and application of advanced technologies for the recovery of precious metals from electronic scrap. The company is working on innovative processes like Flash Joule Heating to enhance metal recovery rates and is actively involved in securing long-term supply agreements for e-scrap materials.
Average Trading Volume: 4,740,802
Technical Sentiment Signal: Buy
Current Market Cap: A$94.03M
Find detailed analytics on MTM stock on TipRanks’ Stock Analysis page.