Metallium and Glencore sign binding e-scrap supply agreement to scale FJH

Metallium (ASX: MTM) has achieved a significant business milestone by securing a binding electronic-scrap supply agreement with Australian mining leader Glencore.

Managing director and chief executive officer Michael Walshe said the agreement highlights the company’s transition from development to commercial commissioning and execution of its patented flash joule heating (FJH) technology.

He noted that Glencore is a significant recycler of end-of-life electronics, lithium-ion batteries, and critical metal-containing products, and this deal secures the multi-year supply needed to scale Metallium’s US FJH operations.

Defining moment

"This is a defining moment for Metallium. "Our first binding supply agreement gives us exactly what every processing technology company needs most: consistent, secure, high-quality feedstock,"" he said. "Glencore’s commitment allows us to commission and scale with confidence, and it’s a strong validation of our FJH technology and US strategy.”

"Securing a multi-year supply from a global Tier-1 recycler provides the throughput certainty required to scale Metallium’s US FJH operations, enabling predictable processing rates and multi-line deployment across the company’s technology campus."

High-value extraction

Metallium's patented FJH technology allows for the extraction of high-value materials, including gallium, germanium, antimony, rare earth elements, and gold from feedstocks such as refinery scrap, e-waste, and monazite.

The two companies will now focus on the finalisation of a separate binding offtake agreement covering metal products recovered via FJH.

The next steps will also include finalising delivery scheduling and logistics to support commissioning and initial commercial-scale processing campaigns.

Metallium is currently commissioning its Texas Technology Campus, with its FJH technology considered a key near-term domestic processing solution for printed circuit boards (PCBs).

FJH's modular, electrically driven and rapidly deployable operation is seen as a progressive alternative to conventional smelting, providing a pathway to domestic on-shoring of high-value metal recovery aligned with US industrial policy and supply chain resilience objectives.