Says Move Sends Strong Signal that Major Players are Serious about Building Local, Circular Rare Earth Supply Chain in U.S.
Reinforces Metallium's Efforts in This Area
HOUSTON, July 15, 2025 /PRNewswire/ -- Metallium, Inc. (formerly MTM Critical Metals), ASX: MTM; OTCQX: MTMCF, today said that the recently announced MP Materials – Apple $500-million partnership to produce recycled rare earth magnets in the United States "sends a strong signal that major players are serious about building a local, circular rare earth supply chain and reinforces many of our key points at Metallium," according to Michael Walshe, managing director/CEO of Metallium.
He noted the following:
Walsh said that the MP-Apple deal highlights just how much demand exists for secure, ESG-aligned supply chains, and Metallium is well placed to support that shift.
Metallium Inc., (https://www.metalliuminc.com), with management teams in Perth, Australia and Houston, Texas, specializes in advanced metal recovery technologies. The company's 100% owned USA subsidiary, Flash Metals USA Inc. is commercializing the company's Flash Joule Heating Technology, an innovative metal recovery and mineral processing method developed by researchers at Rice University. The company has exclusive worldwide licensing rights to this technology.
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SOURCE MTM Critical Metals Ltd.

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