Metallium Secures Exclusive Options for Additional U.S. Sites in Massachusetts and Virginia for E-Waste Metal Recovery

Join Inaugural Site in Texas as Company Launches Multi-State U.S. Expansion

HOUSTON, Aug. 21, 2025 /PRNewswire/ -- Metallium Ltd., (ASX: MTM; OTCQX: MTMCF) announced it has obtained exclusive options to lease two additional U.S. sites permitted for electronic waste processing as part of its multi-state scale-up strategy for deployment and commercialization of its Flash Joule Heating (FJH) metal recovery systems for e-waste.

The two U.S. sites, subject to exclusive lease option agreements, are in Westport, Massachusetts, within Mid-City Scrap's long-established metals campus and Harrisonburg, Virginia, at Recycle Management LLC's multi-modal recycling facility, which is strategically positioned near the Northern Virginia data center corridor, among the world's largest, offering potential access to hyperscale and telecom-related e-waste streams.

Both sites are already fully permitted at State and Federal levels for industrial waste and e-waste processing, removing a multi-year regulatory hurdle that typically can delay U.S. recycling projects. This has potential to shorten timelines and enable earlier deployment. The sites are co-located with operating scrap yards processing more than 20,000 tons/month of metal waste.

Additional information can be found at: https://investorhub.metalliuminc.com/announcements/7115663.

Michael Walshe, Managing Director and CEO of Metallium said, "Texas remains our clear priority, and these option agreements demonstrate we can replicate our Texas model by accessing pre-permitted, infrastructure-ready sites at minimal upfront costs. They also highlight the value of our long-standing industry relationships, which provide access to high quality opportunities that may not otherwise be available." Walsh stressed that this growing multi-state footprint positions Metallium for rapid scale-up as partnerships and feedstock volumes develop, while supporting the company's engagement with U.S. government agencies and pursuit of non-dilutive funding. Walsh affirmed that the flagship technology campus facility in Texas remains on track for commissioning by the end of this year.

Metallium Ltd. is pioneering a low-carbon, high-efficiency approach to recovering critical and precious metals from mineral concentrates and high-grade waste streams. The company's patented Flash Joule Heating (FJH) technology enables the extraction of high-value materials – including gallium, germanium, antimony, rare earth elements, and gold – from feedstocks such as refinery scrap, e-waste and monazite.

More information is available at the company's website: https://www.metalliuminc.com.

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SOURCE MTM Critical Metals Ltd.