Dec 12 (Reuters) - Metallium Ltd MTM.AX:
STRATEGIC U.S. GALLIUM & SCANDIUM RED-MUD COLLABORATION
UNIT EXECUTED BINDING LETTER OF INTENT WITH ELEMENTUSA TO COLLABORATE ON RECOVERY OF GALLIUM, SCANDIUM FROM RED MUD IN US
ALLOCATED UP TO U$10.1M IN NON-DILUTIVE FUNDING FOR INSTALLATION, OTHERS OF FLASH JOULE HEATING UNITS
Further company coverage: MTM.AX
((Reuters.Briefs@thomsonreuters.com;))