Metallium's US Unit Secures Multi-Year Deal With Glencore; Shares Down 6%

MT Newswires Live

01/05

Metallium's (ASX:MTM) Flash Metals USA subsidiary signed a binding multi-year electronic-scrap supply agreement with Glencore, according to a Monday filing with the Australian bourse.

The deal involves the supply of up to 2,400 tonnes per year of electronic-scrap from Glencore to the company's US operations to support the commissioning and scale-up of its flash joule heating technology platform, the filing said.

Metallium shares fell 6% in morning trade Monday.

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