Metallium Limited · ASX:MTM
Metallium — MTM Critical Metals — Investor Presentation (April 2025)
39 slides from Metallium's investor presentation, Apr 11, 2025
Slide 1: Revolutionising Metal Recovery with Breakthrough Technology
For personal use only Revolutionising Metal Recovery with Breakthrough Technology MTM Critical Metals Ltd INVESTOR PRESENTATION ASX: MTM / OTCQB: MTMCF 11 April 2025
Slide 2: Disclaimers
Disclaimers This presentation has been prepared by MTM Critical Metals Limited (ACN 645 885 463) (“MTM Critical Metals”, “MTM’ or The figures, valuations, forecasts, estimates, opinions and projections contained herein involve elements of subjective judgment and “Company”) for the exclusive use of t
Slide 3: The Future of Metals Recovery
The Future of Metals Recovery ✓ MTM Critical Metals is a clean-technology metals processing company with a patented process to recover valuable metals from Waste and Ore more efficiently than traditional methods. Who is MTM? ✓ Mission: To redefine what’s possible in critical metals recovery, bringin
Slide 4: Technology History
Click to edit Master Technology Historytitle style Dr. James Tour at his Materials Science & NanoEngineering lab at Rice University, Texas, USA From the stable of renowned scientist and inventor Dr. James Tour Flash Joule Heating (FJH) is a technique that utilises an intense short burst of electrica
Slide 5: The Industry's Technology Problem
The Industry’s Technology Problem Legacy Metal Processing Tech is Costly and Unsustainable For personal use only ✓ Traditional methods: High-energy smelting (1,000°C+) or kiln-based heating over long time PYROMETALLURGY periods, low yields. Energy intensive, fossil-fuel powered ✓ Environmental cost:
Slide 6: The Critical Metals Bottleneck: A Strategic Opening for MTM
The Critical Metals Bottleneck: A The Supply Problem Strategic Opening for MTM For personal use only CRITICAL METALS SHORTAGE IN THE U.S. & THE WEST ✓ Supply Already Exists: Critical metals are readily available above ground in the form of e- ✓ Essential for defence, semiconductors, and tech industr
Slide 7: MTM's Elegant, Sustainable Solution: Flash Joule Heating
MTM’s Elegant, Sustainable Solution: Click to edit Flash Joule Master title style Heating ✓ Electro-thermal activation of materials with additional chemistry. A metal or mineral will We extract metals from waste and mineral concentrates with superior efficiency act like a conductor when electrical c
Slide 8: FJH Proprietary System – Block Flow Diagram
FJH Proprietary System – Block Flow Diagram Process that turns varied raw wastes or ores into valuable metal products with minimal chemicals For personal use only Or other reactant(s) Metal Rich Waste Wide applicability across several metals, waste feedstocks and mineral ores Mineral Ores 8
Slide 9: Example of how the technology is breakthrough
Example of how the technology is breakthrough FJH has demonstrated potential to revolutionise mineral processing flowsheets, by reducing acid, energy & overall number of steps. i.e. Conventional Flowsheet for Lithium Carbonate vs FJH i.e. Conventional Flowsheet for REE concentrate processing vs FJH
Slide 10: Business Model
Business Model MTM aims to deliver sustainable, scalable revenue and maximise shareholder value through two core business units. Urban Mining (Waste Recycling) Mineral Processing (Mining Projects) For personal use only Strategic Technology Metals: Electronic Waste: Rare Earth Elements Red Mud partne
Slide 11: Primary Focus Feedstocks
Primary Focus Feedstocks – Initial focus on HIGH VALUE waste feedstocks High-Value Materials First Targeting High-Intrinsic Value For personal use only ✓ Focusing on Ga, Ge, In-rich waste and gold/copper-rich electronic (PCB) waste– materials with very large $/t of contained (in-situ) value. Gallium
Slide 12: High-Grade, High-Value Feedstocks = Exceptional In-Situ Value
High-Grade, High-Value Feedstocks = Exceptional In-Situ Value Even at small scale, potential to unlock significant value per tonne – impossible with most traditional ores Feedstock Type Illustrative Est. In-Situ Value Notes For personal use only Composition (USD/t)* Gallium / Germanium/Indium Ga/Ge
Slide 13: Illustrative Potential E-Waste Recycling Business Model
Illustrative Potential E-Waste Recycling Business Model Conceptual overview of the potential e-waste recycling business model Illustrative Economics – Preliminary E-Waste Recycling Model ✓ Using illustrative assumptions, we model the value flow from (Relative to In-situ metal value of feedstock) For
Slide 14: Market Opportunity
MTM’s technology targets metals that are essential for Market Opportunity high-tech and defence but face supply constraints For personal use only ✓ Essential for tech and defence: Lithium (batteries), REEs (magnets), Gallium / Germanium (semiconductors). ✓ Critical importance in high-tech industries
Slide 15: E-Waste Industry: The Recycling Challenge
Click toIndustry: E-Waste edit Master title style The Recycling Challenge Environmental Costs of E- Waste Limited Recycling Infrastructure ✓ ~80 million tonnes of e-waste are generated annually worldwide, but <10% is For personal use only recycled. ✓ Only a small fraction of this recycled material r
Slide 16: Breakthrough FJH Metal Recovery Solution for E-Waste
Example of waste tested recently: Breakthrough FJH Metal Recovery Solution for E-Waste Ultra-high gold & other metal content E-Waste Single-step, acid-free process converts metal-rich e-waste into metal chlorides—without prolonged heating or chemicals used in traditional methods For personal use onl
Slide 17: Navigating Trade Shocks: MTM's Strategic Edge
For personal use only Navigating Trade Shocks: MTM’s Strategic Edge 17
Slide 18: The Cost of Dependency: Why a Domestic Critical Metals Solution is Urgent
The Cost of Dependency: Why a Domestic Critical Metals Solution is Urgent ✓ China controls ~100% of REE & Technology Metal Processing, Refining; Tariff Wars Disrupt Supply. ✓ Dominates ~100% of Rare Earth Elements (REE) and Technology Metal processing/refining. For personal use only ✓ Controls the e
Slide 19: U.S. Tariffs on Strategic Metals
U.S. Tariffs on Strategic Metals U.S.–China Trade Measures – MTM’s Domestic Model Unlocks a Competitive Edge Trade Pressures on Critical Metals (2023–2025) MTM’s Strategic Advantage – A Tariff-exempt, Local Production Model ✓ New U.S. Tariffs (April 2025): 10% baseline tariff on all imports, up to 1
Slide 20: MTM's U.S.-based supply model bypasses trade friction
MTM’s U.S.-based supply model bypasses this intensified trade friction Tariff Risk Exposure: MTM vs. Import-Based Models Feedstock Type / Source MTM (Urban Mining / Domestic U.S. Import-Based Competitor (China-Origin / Foreign) For personal use only Gallium, Germanium, Indium Low — sourced from Indi
Slide 21: Strong Tailwinds for U.S. Onshoring
Strong Tailwinds for U.S. Onshoring ✓ Policy Support: Billions in grants offset tariff-driven costs, boosting MTM’s domestic edge. U.S. legislation (e.g., DoD & DoE grants) funnels funds into critical mineral projects, enhancing MTM’s tariff-exempt, local production model. For personal use only ✓ ES
Slide 22: Scaling Towards Commercial Production
For personal use only Scaling Towards Commercial Production 22
Slide 23: Trusted Design Partner – KnightHawk Engineering
Trusted Design Partner – KnightHawk Engineering (KHE) 30+ years experience in bespoke high-temperature process design (expertise in gasification, fluidized beds, etc.) ✓ KnightHawk is leading the design/engineering of MTM’s Flash Joule KnightHawk Engineering, FJH Team, Houston Texas For personal use
Slide 24: From Prototype to Plant: Building the Foundation for Scale
From Prototype to Plant: Building the Foundation for Scale MTM is rapidly progressing from successful lab-scale results to building a pilot plant and beyond. Our approach to scale-up is systematic and de-risked, with expert partners alongside us. Iterative Prototyping Driving Commercial Reactor Desi
Slide 25: Proven Technology, Scaling Now
Proven Technology, Scaling Now FJH Technology Already Proven at Scale by Universal Matter for Advanced Graphene ✓ FJH is already proven at industrial scale in a related application – For personal use only peer company Universal Matter (UM) scaled the process to 1 tonne/day (for graphene production)*
Slide 26: Planned Texas Technology Campus
Click to edit Planned TexasMaster title style Technology Campus This facility will bring MTM’s breakthrough technology to a commercial-ready stage, generating initial cash flow and proving the model for larger expansion MTM’s U.S. Technology Campus will house our demonstration plant and serve as a h
Slide 27: Strategic Partnerships – Validating and Accelerating Our Strategy
For personal use only Strategic Partnerships – Validating and Accelerating Our Strategy 27
Slide 28: Billion Dollar Industry Leaders Back MTM
Billion Dollar Industry Leaders Back MTM Success Underpinned by the Company We Keep ✓ Vedanta: Vedanta (US$20B market cap) – Partnering with MTM to deploy FJH on red mud (alumina refinery waste) – aiming to extract residual valuable metals and produce a low-carbon cement additive (a world-first solu
Slide 29: Strategic Partnership with Indium Corporation
Strategic Partnership with Indium Corporation Indium Corporation – a private New York-based company – is a global leader in specialty metal refining, particularly for gallium, germanium, and indium used in semiconductors. ✓ Established 1934 in New York, USA, For personal use only Indium Corp operate
Slide 30: Supply of ultra-high value scrap from Indium Corp.
Supply of ultra-high value scrap from Indium Corp. Ultra-high-grade scrap from Indium Corp. enables MTM to produce strategic tech metals at commercial scale—without the cost, complexity, or environmental impact of mining low-grade ore. A game-changing economic advantage. Compare with typical primary
Slide 31: Landmark Collaboration with Vedanta
Landmark Collaboration with Vedanta Vedanta Ltd. – A diversified global mining company (~US$20B market cap, operations in zinc, lead, silver, copper, iron ore, aluminum, oil & gas, power). A leading producer of aluminum globally Scope: MTM and Vedanta are partnering to reprocess Red Mud (alumina ref
Slide 32: Long-Term E-Scrap Supply Secured: 1,100 t/year
Long-Term E-Scrap Supply Secured: 1,100 t/year with Two Leading U.S. Recyclers Dynamic Lifecycle Innovations Inc. and, Plastic Recyclers Inc., are leading providers of electronics and plastics recycling in the U.S. Scope: Metal recovery from E-Scrap using FJH Tech. 5-year supply agreement (LOI signe
Slide 33: Key Milestones Through End 2025
Key Milestones Through End 2025 For personal use only COMMERCIAL OPERATIONS CY 2024: Q2 onwards CY 2025: Q3 CY 2025: Q4 + • Testwork Updates • Pilot plant progress updates • Commissioning • Strategic collaborations • Site selection for plant • Binding offtake & supply agreements • Feedstock supply a
Slide 34: Why Invest Now
Why Invest Now → Disruptive Technology Patented FJH tech enables single-step, acid-free metal recovery — a breakthrough in processing efficiency and sustainability. → Strong Strategic Validation Partnered with Vedanta (US$20B diversified miner) and Indium Corp (global specialty For personal use only
Slide 35: Board & Senior Management
Board & Senior Management For personal use only Michael Walshe Steve Ragiel John Hannaford Tony Hadley Paul Niardone B.Eng. (Hons) Chemical, MIEAust BCom, FFin B.Sc. (Extractive Metallurgy & Chemistry) MBA, BA BCHe, Chemical Engineering CPEng, MBA (Finance), MAusIMM Managing Director & CEO President
Slide 36: MTM Corporate Overview: Shareholder Breakdown
SHAREHOLDER BREAKDOWN Board & Key Insiders Institutional Ownership Management, MTM Corporate (Non B&M), 2% 15.4% 26% Overview As at 17 Jan 2025 6.0% For personal use only Remainder, 57% SHARE PRICE MARKET CAPITALISATION 9.4% Institutions, 15% A$0.18 A$80m Top 20 Holders: Total No. of Shareholders: 5
Slide 37: Benchmarking MTM's Opportunity: Peers
Benchmarking MTM’s Opportunity: Peers Date Reference: 17/03/2025 Selection of Industrial Technology companies on the Australian Stock Exchange For personal use only 37
Slide 38: Contact us to learn more or for partnership discussions
The Future of Metals Recovery – Contact us to learn more or for partnership discussions For personal use only Michael Walshe Managing Director & Chief Executive Officer MTM Critical Metals Ltd Phone +61(08) 6391 0112 | Email info@mtmmetals.com.au Stock Exchange Investor and Announcement Engagement A
Slide 39: Appendix – Supplementary Information on In-Situ Value Derivation
Appendix – Supplementary Information on In-Situ Value Derivation This appendix provides the assumptions and methodology used to calculate estimated in-situ metal values (USD/t) for key feedstocks referenced herein. Calculation Methodology: For personal use only In-situ values were calculated as: [Gr
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