BUZZ-Australia's Metallium gains on e-scrap supply deal with global miner Glencore

Reuters

01/05

** Shares of Metallium MTM.AX rise as much as 8% to A$1.150, highest since October 17, 2025

** Stock posts its biggest intraday pct gain since December 29

** Diversified miner says its U.S. unit has executed a binding electronic-scrap (e-scrap) supply agreement with global miner Glencore GLEN.L

** Contract for supply of up to 2,400 tonnes per annum of e-scrap from Glencore into the company’s U.S. operations

** MTM rose over 309% in 2025 and is currently up about 6.8%

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))

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