Posts

MTM Critical Metals Inks Partnership with Vedanta to Use Flash Joule Heating Technology.

/in , /by

THE BOURSE WHISPERER: MTM Critical Metals (ASX: MTM) has struck a Memorandum of Understanding (MoU) for the application of the company’s proprietary Flash Joule Heating (FJH) technology.

MTM Critical Metals landed the deal with Vedanta Limited (NSE: VEDL), a leading global aluminium producer.

Vendanta will apply the FJH technology for Red Mud (RM) recycling — extracting critical metals while investigating its potential in carbon-reduced cement production.

“This MoU with Vedanta represents a major breakthrough for MTM in the global aluminium industry where no commercially viable recycling solution currently exists for Red Mud,” MTM Critical Metals managing director and CEO Michael Walshe said in the company’s ASX announcement.

“With billions of tonnes of Red Mud stockpiled globally, our FJH technology unlocks its potential — initially producing a product suitable for green cement, with a subsequent ‘Stage 2’ focus on recovering valuable critical metals.”

Vedanta Limited is a global resources powerhouse with a market capitalisation of approx. US$20 billion and FY2024 revenues of approx. US$17 billion.

Vedanta is India’s largest aluminium producer and a global company in metals and mining, with operations spanning aluminium, zinc, copper, iron ore, and oil & gas.

The company operates one of the world’s largest alumina refineries in Lanjigarh, Odisha, and has actively explored Red Mud (RM) utilisation strategies as part of its sustainability initiatives.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

MTM Critical Metals Improves High Multi-Metal Recovery from E-Waste to Include Palladium and Tin

/in , /by

THE CLEAN ENERGY CAFE: MTM Critical Metals (ASX: MTM) has added to the suite of metals able to be extracted from e-waste by the company’s Flash Joule Heating (FJH) technology.

MTM Critical Metals has now successfully recovered tin and palladium from e-waste, building on its previously efforts of high recovery of gold, silver and copper.

The company highlighted that the recovery of the further elements of tin and palladium was achieved without the use of toxic acids.

He technology recovered approximately 86 per cent of the tin and 82 per cent of palladium content from printed circuit boards (PCBs), a common component of electronic waste (e-waste).

MTM considers the advancement enhances the commercial potential of FJH as an environmentally friendly solution for recycling metals from discarded electronics.

The recovered metals are among the most valuable components in e-waste, substantially increasing the economic potential of recycling it through FJH technology.

“We are thrilled by the progress made in demonstrating the versatility of Flash Joule Heating for e-waste recycling,” MTM CEO Michael Walshe said in the company’s ASX announcement.

“The successful recovery of tin and palladium, alongside gold, silver, and copper, highlights the significant potential of FJH as an efficient recycling solution for printed circuit boards.

“With e-waste representing a vast untapped ‘urban mine,’ our technology offers a sustainable approach without the environmental burden of traditional mining or hazardous processing.

“We are excited to advance discussions with industry partners as we continue our journey towards commercialisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE