MTM - MTM Critical Metals

[Dona Ferentes]

MTM Just fell out of bed ...

back between the sheets ... for recent new money only, I suspect

.
MTM to acquire West Arunta Niobium-REE Project.

Prospective for mineralised carbonatites adjacent to WA1.
Highlights:
• MTM to acquire 100% of Flash Metals Pty Ltd, the beneficial owner of 3 granted exploration licences in Western Australia’s West Arunta region, immediately adjacent to ground held by WA1 Resources (ASX:WA1) and Encounter Resources (ASX:ENR).
• Deal includes acquisition of the Mukinbudin Niobium-REE Project, comprising 2 granted exploration licences located 250km northeast of Perth in the South West Mineral Field of Western Australia.
• Flash also holds an option to exclusively negotiate the rights to Flash Joule Heating technology developed by Rice University in Houston, USA which has demonstrated the potential to treat REE mineralisation and more efficiently recover critical metals from critical metal-rich recycling and waste stream

 

[frugal.rock]

OK, you two, get a room near a bakery.

You cannoli try to be humourous in life.
I'm such a muppet.

 

[Dona Ferentes]

trying to get a rise, eh fruges?

 

[Garpal Gumnut]

Carbonatites ... Not a cereal for the muscle bound but a rock which looks like marble and which MTM seems to have much of, or at least prospective for.

When you find Carbonatites you may find Rare Earth metals within.

Too many big words for me. West Australia is the biggest I read re MTM.

It's a bit like AI and tech stocks in the NASDAQ. .... West Australia, Rare Earths, my amygdala fires and whacko I throw a dart.

Anyway the chart shows some interest of late.



gg

 

[Dona Ferentes]

Carbonatites ... Not a cereal for the muscle bound but a rock which looks like marble and which MTM seems to have much of, or at least prospective for.

When you find Carbonatites you may find Rare Earth metals within.

Origin of carbonatites
(1) immiscible separation of parental carbonated silicate magmas at crustal or mantle pressures.
(2) crystal fractionation of parental carbonated silicate magmas such as olivine melilitites or kamafugites.
(3) low-degree partial melting of carbonated mantle peridotite below 70 km depth.

wrap that round yr cortex and take yr pick.

 

[Garpal Gumnut]

Origin of carbonatites

(3) low-degree partial melting of carbonated mantle peridotite below 70 km depth.

wrap that round yr cortex and take yr pick.

If I'd known that, I would have delayed MTM for the December pick. It's a long way down for a driller.

gg

 

[Dona Ferentes]

If I'd known that, I would have delayed MTM for the December pick. It's a long way down for a driller.

And quickly up if you know something.
35 per cent this morning

.
then at 10.43am

.
.
.... hmmmm

 

[Garpal Gumnut]

As I always say, DDYOR. Don't do your own research just listen to your Uncle Garpal.

This is more of a surprise to me than any other member of ASF, guaranteed.

gg

 

[Dona Ferentes]

As I always say, DDYOR. Don't do your own research just listen to your Uncle Garpal.

This is more of a surprise to me than any other member of ASF, guaranteed.

yesh, right .... like a giant vampire squid, hoovering up the winnings from ASF comps

 

[frugal.rock]

GGP&D

"The trading halt is requested pending an announcement regarding assay results from previous drilling at its Pomme REE project in Quebec and provision of a response to ASX in relation to a
pricing query;"

 

[Garpal Gumnut]

GGP&D

"The trading halt is requested pending an announcement regarding assay results from previous drilling at its Pomme REE project in Quebec and provision of a response to ASX in relation to a
pricing query;"

It was brief but I enjoyed it and am now retained by a fund B which I am L not A allowed C K to name as R their OC Aussie Rock K picker for a fee of $USD750K pa.

MTM open tomorrow?

gg

 

[Dona Ferentes]

It was brief but I enjoyed it and am now retained by a fund B which I am L not A allowed C K to name as R their OC Aussie Rock K picker for a fee of $USD750K pa.
gg

.

 

[basilio]

Came across this technology that MTM has acquired though the take over Flash. Quite exciting

Rare earth elements await in waste

Rice University scientists applied their flash Joule heating process to coal fly ash and other toxic waste to safely extract rare earth elements essential to modern electronics and green technologies.

news.rice.edu

MTM to acquire West Arunta Niobium-REE Project.

Prospective for mineralised carbonatites adjacent to WA1.
Highlights:

• MTM to acquire 100% of Flash Metals Pty Ltd, the beneficial owner of 3 granted exploration licences in Western Australia’s West Arunta region, immediately adjacent to ground held by WA1 Resources (ASX:WA1) and Encounter Resources (ASX:ENR).

• Deal includes acquisition of the Mukinbudin Niobium-REE Project, comprising 2 granted exploration licences located 250km northeast of Perth in the South West Mineral Field of Western Australia.

• Flash also holds an option to exclusively negotiate the rights to Flash Joule Heating technology developed by Rice University in Houston, USA which has demonstrated the potential to treat REE mineralisation and more efficiently recover critical metals from critical metal-rich recycling and waste streams.

 

[Garpal Gumnut]

Came across this technology that MTM has acquired though the take over Flash. Quite exciting

Rare earth elements await in waste

Rice University scientists applied their flash Joule heating process to coal fly ash and other toxic waste to safely extract rare earth elements essential to modern electronics and green technologies.

news.rice.edu

MTM to acquire West Arunta Niobium-REE Project.

Prospective for mineralised carbonatites adjacent to WA1.
Highlights:

• MTM to acquire 100% of Flash Metals Pty Ltd, the beneficial owner of 3 granted exploration licences in Western Australia’s West Arunta region, immediately adjacent to ground held by WA1 Resources (ASX:WA1) and Encounter Resources (ASX:ENR).

• Deal includes acquisition of the Mukinbudin Niobium-REE Project, comprising 2 granted exploration licences located 250km northeast of Perth in the South West Mineral Field of Western Australia.

• Flash also holds an option to exclusively negotiate the rights to Flash Joule Heating technology developed by Rice University in Houston, USA which has demonstrated the potential to treat REE mineralisation and more efficiently recover critical metals from critical metal-rich recycling and waste streams.

Unfortunately it was a dart pick for the competition this month and I hadn't placed any money on it.

It appears to be prospective.

gg

 

[Dona Ferentes]

Came across this technology that MTM has acquired though the take over Flash. Quite exciting

yep .. came across that in post #21 on 19 Dec

 

[basilio]

yep .. came across that in post #21 on 19 Dec

Indeed. I thought the capacity and commercial opportunity of this technology was worth exploring which was why I posted the link to teh research.

 

[Dona Ferentes]

MTM trading halt is requested pending an announcement regarding a proposed capital raise

... and we will see how open capital markets are for this sort of thing. A 20 per cent discount?

 

[Dona Ferentes]

$7 million Capital Raise to accelerate exploration and future project development

Highlights:
• MTM has received firm commitments for a two tranche Placement of New Shares to raise $5 million (before costs).
• Non-renounceable Entitlement Offer to issue one (1) New Share for every four (4) Shares held to raise approximately $2 million (before costs).
• All bids were significantly scaled back due to strong demand and support from institutional investors.
• Directors of the Company to take up their full entitlement and bid for additional securities in the Placement.
• Proceeds from the first tranche of the Placement to be applied towards further exploration of existing REE focused tenements. Funds from second tranche of Placement and Entitlement offer to be allocated to exploration of new West Arunta and Mukinbudin tenements acquired in the Flash Metals acquisition and development of Flash Joule technology.

8c a share ... where they'll likely go down to

 

[Dona Ferentes]

and then it went quiet ... on this thread at least. drifting to 4c a share and MC of $10M

yesterday, the CEO left the project.. There's a presentation out, where it would be fair to assume their interest has tilted to the acquired Flash mob

.

.
further down, the text is that the WA and Quebec explorations will be reassessed (= unceremoniously dumped (?) ) as they search for a new direction, likely take on new personnel and likely raise capital

 

[Dona Ferentes]

and then it went quiet ... on this thread at least. drifting to 4c a share and MC of $10M

.... There's a presentation out, where it would be fair to assume their interest has tilted to the acquired Flash
.
further down, the text is that the WA and Quebec explorations will be reassessed (= unceremoniously dumped (?) ) as they search for a new direction, likely take on new personnel and likely raise capital

is this a flash mob?

​

still around 4.9c

Efficient Recovery of Gold from E-Waste with Flash Joule Heating (FJH)​

HIGHLIGHTS:
▪ FJH technology achieves high gold recovery from E-Waste using no acid: ~70% yield for Gold at this unoptimized, proof-of-concept stage.
▪ Sustainable & environmentally friendly: No toxic chemicals or non-selective incineration; simple water wash process minimizes environmental impact.
▪ Massive Market Opportunity: Over 60 million metric tonnes of e-waste generated annually, containing precious and base metals valued at over US$70 billion in potential recoverable content.
▪ Potential for controlled recovery of toxic heavy metals such as mercury & arsenic, effectively preventing toxic effluents and environmental contamination commonly associated with current methods.
▪ Scale-Up Potential: Following successful lab-scale results, prototype testing will follow with plans already underway for a commercial-scale facility.

...and earlier

PROGRESS UPDATE ON 1 TON PER DAY FLASH JOULE HEATING DEMONSTRATION PLANT​

HIGHLIGHTS:
▪ Design Progress: Detailed mechanical and process design of the 1 TPD Flash Joule Heating demonstration plant currently underway. Design on track for completion by the end of 4Q 2024.
▪ Construction Timeline: Sourcing and construction to start in 1Q 2025, with commercial operation targeted by 2Q 2025.
▪ Objectives: The ultimate goal of the FJH technology commercialisation is to produce critical metals with lower carbon emissions, significantly reduced energy consumption, and substantially lower costs.
▪ Strategic Partnerships: Ongoing discussions with potential strategic and international partners, alongside active pursuit of non-dilutive funding.
▪ Technology Applications: The plant will be designed to process various feedstocks, including e-waste (gallium & precious metals), refractory minerals like spodumene (lithium), monazite (rare earths), pyrochlore (niobium); lithium & cobalt from 'black mass' battery waste; and alumina and titanium from 'red mud'.
▪ Progress & Results: Significant progress has been made with the development & testing so far, including successful conversion of spodumene to lithium chloride & gallium recovery from semiconductor scrap.
▪ Commercial Viability: Demonstration plant is a key milestone in proving the commercialization of the FJH technology, and it has attracted strong interest for from testing to date.