Independent Investment Research’s Post

Coverage stock MTM Critical Metals (ASX: MTM) (coverage initiated @ $0.036 in Oct 2023) is going from strength to strength in terms of its both its technical and sharemarket performance. The company's strong technological progress has seen it put away an $8M capital raising to new and existing sophisticated investors, which will provide it with the funding to enable accelerated development of its innovative Flash Joule Heating (FJH) technology. On the operational front things are advancing strongly, with MTM making progress on its 1-ton-per-day Demonstration Plant, which will showcase the scalability and commercial viability of FJH across multiple applications - including gallium recovery from semiconductor waste, lithium extraction from spodumene ore and a broader e-waste recycling program. Collaborations with industry leaders are already underway, with additional partnerships expected as the company continues to grow, enabling the onshoring of critical mineral supply. #commodities #resources #mining #technology #ausbiz #equities

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