ASX:MTMMetals and Mining
Is Metallium (ASX:MTM) Quietly Reframing Its Tech Licensing Strategy With This Flash Joule Deal?
Earlier this week, Metallium Limited, via its wholly owned subsidiary Flash Metals USA Inc., signed a binding Letter of Intent with ElementUSA to deploy its Flash Joule Heating technology for recovering gallium and scandium from red mud at a planned demonstration facility in Gramercy, Louisiana, backed by up to US$10.10 million in non-dilutive funding.
The agreement not only secures a commercial framework of license fees, royalties and revenue sharing, but also preserves Metallium’s full...