MTM Critical Metals Ltd. (MTM.AU) saw its stock price soar 5.94% during intraday trading on Friday, following positive investor reception to recent corporate updates.

The surge appears linked to the company's presentation at Canaccord Genuity’s 5th Annual Global Metals and Mining Conference. At the event, the company pitched its Flash Joule Heating metals-processing technology as a potential U.S. alternative to China-centric midstream capacity. It also outlined commercialization plans for its Texas site.

Furthermore, the company flagged its intention to seek a listing on the Nasdaq exchange later this year, a move that typically increases visibility and access to a broader investor base. Additional details from the published presentation factsheet highlighted commercialization tracks for recycling and mineral processing, as well as a Department of War Phase II grant for recovering critical metals from electronic waste.