MTM Critical Metals (ASX:MTM) said it has completed extensive site rehab and infrastructure upgrades at its Gator Point Technology Campus in US where it is scaling its proprietary flash joule heating technology for the recovery of critical, precious and base metals from electronic waste and other high-value feedstocks, according to a Tuesday Australian bourse filing.
The company's ultimate Stage-1 capacity target by the fourth quarter of 2026 is about 20 tonnes per day of inbound printed circuit boards feedstock, or approximately 8,000 tonnes per annum.
The company's shares jumped 6% in recent Tuesday trade.