Metallium Management

Management criteria checks 0/4

Metallium's CEO is Michael Walshe, appointed in Aug 2024, has a tenure of 2.08 years. total yearly compensation is A$18.06M, comprised of 2.2% salary and 97.8% bonuses, including company stock and options. directly owns 3.18% of the company’s shares, worth A$7.87M. The average tenure of the management team and the board of directors is 0.9 years and 2.1 years respectively.

Key information

Michael Walshe

Chief executive officer

AU$18.1m

Total compensation

CEO salary percentage	2.22%
CEO tenure	2.1yrs
CEO ownership	3.2%
Management average tenure	less than a year
Board average tenure	2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Walshe's remuneration changed compared to Metallium's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2025	n/a	n/a	-AU$54m
Sep 30 2025	n/a	n/a	-AU$43m
Jun 30 2025	AU$18m	AU$401k	-AU$33m

Compensation vs Market: Michael's total compensation ($USD12.96M) is above average for companies of similar size in the Australian market ($USD640.08K).

Compensation vs Earnings: Insufficient data to compare Michael's compensation with company performance.

CEO

Michael Walshe

2.1yrs

Tenure

AU$18,061,583

Compensation

Mr. Michael Walshe, (Hons) Chem., MIEAust CPEng, MBA (Finance), MAusIMM, is Director of Metallium Limited (formerly known as MTM Critical Metals Limited) from November 27, 2024 and serves as its Managing D...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Walshe	CEO, MD & Director	2.1yrs	AU$18.06m	3.18% A$ 7.9m
Steven Ragiel	President of Flash Metals USA Inc.	2.4yrs	AU$6.38m	1.88% A$ 4.7m
Ibrahim Ayoub	Chief Operating Officer	less than a year	no data	no data
Matthew Trauber	Chief Financial Officer of USA	less than a year	no data	no data
Dennis Wilkins	Company Secretary	less than a year	no data	no data

0.9yrs

Average Tenure

Experienced Management: MTM's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Walshe	CEO, MD & Director	1.8yrs	AU$18.06m	3.18% A$ 7.9m
Anthony Hadley	Non-Executive Director	3.2yrs	AU$93.58k	0.027% A$ 67.6k
John Hannaford	Non-Executive Chairman	5.8yrs	AU$204.99k	0.76% A$ 1.9m
Kellie Benda	Independent Non-Executive Director	less than a year	no data	no data
Paul Niardone	Independent Non-Executive Director	2.4yrs	AU$160.94k	0% A$ 0
Eric Goldstein	Member of the Advisory Board	less than a year	no data	no data

2.1yrs

Average Tenure

Experienced Board: MTM's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/12 05:13
End of Day Share Price	2026/09/11 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Metallium Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Reg Spencer	Canaccord Genuity
William Jones	Canaccord Genuity

Metallium Management

Management criteria checks 0/4

Key information

Recent management updates

CEO, MD & Director recently bought AU$121k worth of stock

Less than half of directors are independent

Less than half of directors are independent

Metallium Limited Appoints Stuart Fraser as Chief Financial Officer

Less than half of directors are independent

Metallium Limited, Annual General Meeting, Nov 28, 2025

Recent updates

Metallium Limited Reports Successful Testing Of Its Proprietary Flash Joule Heating Technology On Rare Earth Elements, Germanium, PGMs And Red Mud/Gallium

New minor risk - Share price stability

Metallium Limited to Report Q4, 2026 Results on Jul 30, 2026

CEO, MD & Director recently bought AU$121k worth of stock

Less than half of directors are independent

Metallium Limited Completes First 12-Hour Continuous Flash Joule Heating Reactor Run

Metallium Limited Announces Contracts For 50% of Stage-1 Printed Circuit Board Feedstock Target

Less than half of directors are independent

Trumpeter Resources Pty Ltd acquired Mt Monger Gold Project from Metallium Limited (ASX:MTM) for AUD 0.31 million.

Metallium Limited has completed a Follow-on Equity Offering in the amount of AUD 75 million.

Metallium Limited Appoints Stuart Fraser as Chief Financial Officer

Less than half of directors are independent

Metallium Limited, Annual General Meeting, Nov 28, 2025

Metallium Limited Announces Company Secretary Changes

CEO, MD & Director recently sold AU$6.7m worth of stock

Less than half of directors are independent

MTM Critical Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 50 million.

Mtm Critical Metals Recovers High-Grade Antimony from U.S. E-Waste Using Proprietary Flash Joule Heating Technology

Less than half of directors are independent

Less than half of directors are independent

MTM Critical Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 7.5 million.

MTM Critical Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.

MTM Critical Metals Limited Announces Management Changes

MTM Critical Metals Limited, Annual General Meeting, Nov 27, 2024

New minor risk - Financial data availability

MTM Critical Metals Limited Appoints Michael Walshe as Chief Executive Officer

MTM Critical Metals Limited Announces Resignation of Lachlan Reynolds as CEO

MTM Critical Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.

MTM Critical Metals Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 2.485927 million.

MTM Critical Metals Limited, Annual General Meeting, Mar 14, 2024

MTM Critical Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.988742 million.

MTM Critical Metals Limited announced that it expects to receive AUD 1 million in funding

MTM Critical Metals Limited, Annual General Meeting, Nov 29, 2023

New major risk - Financial position

MTM Critical Metals Limited Appoints Mr. Anthony Hadley to the Board as A Non-Executive Director

No independent directors

CEO Compensation Analysis

CEO

Leadership Team

Board Members

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources