Australian (ASX) Stock Market Forum

MTM - MTM Critical Metals

still selling the story:

MTM Critical Metals has announced its flash joule heating (FJH) technology has successfully removed nearly 50 per cent of the main impurities (iron, aluminium, calcium and phosphorus) from REE flotation concentrate in a single step.

Now able to deliver a 50 per cent increase in REE concentration in the final product, the two-step solution, which includes rapid FJH and a water wash, is currently undergoing even more testing works to optimise it further.

MTM chief executive officer Michael Walshe said the FJH breakthrough has significant implications for the rare earth industry, addressing critical challenges in sustainable production, onshoring refining and increased supply chain security.

Producing REE chlorides directly from flotation concentrate simplifies the refining process, making REEs more accessible for key sectors such as renewable energy, advanced manufacturing, and defence.

This transformative result validates the enormous potential of flash joule heating in simplifying and improving rare earth processing.”

“Achieving such high impurity removal and REE concentration in a single step is a game changer and we are only at the beginning of this testing regime.

“We are continuing discussions with leading industry players to advance this technology towards commercial-scale deployment
.”

The FJH process offers an alternative to traditional “cracking and leaching” processing methods, which typically involve sulfuric acid baking at high temperatures to convert rare earth minerals into partially soluble REE sulfates.

This conventional approach is resource-intensive, demanding substantial energy input for high temperature operations and vast volumes of water to dissolve the sparingly soluble REE sulfates.

The FJH technology aims to bypass these inefficiencies by creating purified REE chlorides in a single operation.

The benefits include using significantly less water through dry reactions, using less energy by heating the material directly, streamlining the downstream process and creating less waste.
 
MTM ihas had a very good few months and had a great day on Friday, jumping up almost 15%. It's a big ask, but I'm hoping this bullish momentum will continue into December and MTM will finish the month in the green.
 
MTM ihas had a very good few months and had a great day on Friday, jumping up almost 15%. It's a big ask, but I'm hoping this bullish momentum will continue into December and MTM will finish the month in the green.
good luck. It went more than 20% on Friday. Candidly never knew the company until saw your tip for Dec. Gees - thats a big jump
 
slide deck out

• External validation from a major player received
• The next generation of metal recovery technology
• Enhances national security by reducing reliance on imports.
• Sustainable solution for by converting waste into value
• Empowers industries with local access to critical metals for tech
• Scalable solution for growing demand

US listing soon

up today ... $0.105
 
slide deck out

• External validation from a major player received
• The next generation of metal recovery technology
• Enhances national security by reducing reliance on imports.
• Sustainable solution for by converting waste into value
• Empowers industries with local access to critical metals for tech
• Scalable solution for growing demand

US listing soon

up today ... $0.105
Looks good doesn't it ? The last report on the effectiveness
 
still selling the story:
no holding back ... $0.20

MTM ACCELERATES U.S. INVESTOR ACCESS WITH OTCQB LISTING
Dual trading enhances accessibility for U.S. investors to MTM stock, fostering increased liquidity and broader shareholder engagement.

HIGHLIGHTS:
- Trading to commence on OTCQB under the ticker MTMCF.
- OTCQB recognised as an Established Public Market by the SEC.
- Offers enhanced investor benefits, including streamlined trading access for U.S.- based investors.
- Enables engagement with a network of U.S. investors, data distributions and media partners.
- Supports U.S. focus on securing critical materials through advanced technology solutions.
- ASX compliance qualifies for exemption under US regulations, minimising additional costs.
 
A trading halt is requested pending an announcement regarding a strategic placement to institutional investors.
.
now $0.145
.
- that could hold back the price until, say, early 2025?

Screenshot_20241220_093707_CommSec~2.jpg
 
MTM COMPLETES $7.5M STRATEGIC PLACEMENT TO LEADING INSTITUTIONAL INVESTORS, INCLUDING PENGANA AND TERRA CAPITAL

▪ Pengana Capital has invested $4 million, becoming a substantial shareholder in MTM.
▪ Pengana's support aligns with their existing investment in comparable ASX and NASDAQ-listed companies.
▪ Terra Capital, an existing substantial shareholder of MTM, has increased its holding.
▪ Unsolicited Institutional Demand: Driven by leading investors recognising the growing global momentum for onshoring critical metals and industrial technologies to the US.
▪ Issue Price of $0.145 per New Share; the placement was completed at 0% discount to the last traded price, highlighting the strong investor confidence in MTM's strategic direction and growth potential
▪ The placement also attracted backing from a substantial international Family Office, further broadening MTM’s institutional shareholder base.
▪ Strong pipeline of newsflow expected throughout 2025: Upcoming updates on the pilot facility, ongoing testing programs, and advancements in strategic collaborations.
 
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