Metallium LimitedASX: MTM

Two New Site Options Advance U.S. Expansion Strategy

· Issued by Metallium Limited

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Metallium Limited has announced the initiation of a multi-site U.S. expansion strategy, obtaining exclusive options to lease two additional sites for electronic waste processing in the U.S. These sites, located in Westport, Massachusetts, and Harrisonburg, Virginia, are fully permitted for industrial waste processing, which will expedite the deployment of Metallium's metal recovery technology. The company aims to leverage these locations to enhance its national footprint and streamline operations, particularly focusing on its flagship site in Texas. The option agreements allow Metallium to secure these sites with minimal upfront costs, preserving capital for its Texas facility.

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