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Metallium LimitedASX:MTM

Gold producer, with a project stated to be in Texas, Massachusetts, Virginia, Florida.

Texas · United States — as stated on the recordings

producer gold Texas, United States
Jan 2026 → Mar 2026Covered
10 of 10Topics on record
1 executiveNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 2 interviews with the company
Stage
Producer
Primary commodity
Gold
Jurisdiction
Texas, Massachusetts, Virginia, Florida
Deposit
printed circuit boards from e-waste
Latest appearance
05 Mar 2026
On record
2 interviews · 20 statements · 2 executives

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

What is in the ground
about 200 grams per ton of gold equivalent
Management-stated Michael Walshe Mar 2026
Money on hand
binding feed stock supply agreement with Glencore for one-third of 8,000 tons planned capacity
Stated capital need: future capital for additional downstream steps
Management-stated Michael Walshe Mar 2026
What happens next
NASDAQ listing by September, October this year
Management-stated Michael Walshe Mar 2026
The main open question
The company's case rests entirely on unproven assumptions: 200 grams per ton gold equivalent from e-waste, 70–100% recovery through flash heating, and market-rate feedstock acquisition at profitable terms.
Weighed from the statements below, not our opinion of the company.
Our reading

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Metallium Limited's own claims across 2 interviews — most-covered theme first.

What outside voices pick up on

No independent commentary on record yet — so far the page carries only the company's own voice.

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says Metallium has secured a binding feed stock supply agreement with Glencore covering one-third of 8,000-ton planned capacity, targets 80,000 ounces of gold equivalent annually from Texas, and plans to expand to four…

What it rests on
Evidence: 3 moments from 1 interview
Read the full case

Management says Metallium has secured a binding feed stock supply agreement with Glencore covering one-third of 8,000-ton planned capacity, targets 80,000 ounces of gold equivalent annually from Texas, and plans to expand to four facilities across the US capable of 80,000-ton combined inbound capacity. The technology is DARPA-backed US research with 70–100% payability and a NASDAQ uplisting planned for Q3–Q4 this year.

▼ Bear case

The company's case rests entirely on unproven assumptions: 200 grams per ton gold equivalent from e-waste, 70–100% recovery through flash heating, and market-rate feedstock acquisition at profitable terms.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

The company's case rests entirely on unproven assumptions: 200 grams per ton gold equivalent from e-waste, 70–100% recovery through flash heating, and market-rate feedstock acquisition at profitable terms. No independent validation of these technical claims or market demand exists, offtake agreements remain unsigned, and the NASDAQ listing timeline is tightly compressed with no disclosure of regulatory progress.

◆ Watch next

Offtake agreements for gold, silver, palladium, tin, copper, and gallium/germanium within 6–8 weeks.

What it rests on
Evidence: 3 moments from 1 interview
Read the full case

Offtake agreements for gold, silver, palladium, tin, copper, and gallium/germanium within 6–8 weeks. Commercial-scale demonstration of printed circuit board recycling at the Texas facility. NASDAQ uplisting completion by September–October 2024. Capacity doubling to 16,000 tons within 12 months of baseline.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 8 statements

The deposit 4

Key takeaway. Management describes the deposit as printed circuit boards recovered from e-waste.

Read the full summary

The company reports that its Texas facility has 20,000 tons per annum inbound capacity, which equates to about 80,000 ounces of gold equivalent, with a grade of about 200 grams per ton of gold equivalent. Management also notes three additional expansion sites planned for 20,000 tons each in Massachusetts, Virginia, and Florida.

What was actually said
deposit type
printed circuit boards from e-waste
“printed circuit boards as the as the core key focus”
Michael Walshe· 05 Mar 2026·
exploration upside
three additional expansion sites planned for 20,000 tons each in Massachusetts, Virginia, and Florida
“we've got three sites earmarked. One in Massachusetts... we've got another site earmarked in Virginia... And then the third the third one is in Florida... the the current vision is to do 20,000 tons in each location”
Michael Walshe· 05 Mar 2026·
resource size
about 200 grams per ton of gold equivalent
“we're we're aiming for a feed stock that's got gold equivalent of about 200 grams per ton”
Michael Walshe· 05 Mar 2026·
Show the other 1 statement
resource size
20,000 tons per annum inbound capacity in Texas equates to about 80,000 ounces of gold equivalent
“we believe we can comfortably do about 20,000 tons perom of inbound printed circuit boards... That equates to a production of about 80,000 ounces perom of gold equivalent”
Michael Walshe· 05 Mar 2026·

Jurisdiction 2

Key takeaway. In a March 2026 interview, management of Metallium Limited said the company operates in the United States, specifically in Texas, Massachusetts, Virginia, and Florida.

Read the full summary

The company reports that these are favourable jurisdictions for mining, noting that permitting processes in the US are clear and well-established, which helps de-risk project development timelines.

What was actually said
country
United States
“We're a US invented technology. It's come from Houston, Texas.”
Michael Walshe· 05 Mar 2026·
region
Texas, Massachusetts, Virginia, Florida
“right now we're focused on Texas at the facility we currently have... we've got three sites earmarked. One in Massachusetts... we've got another site earmarked in Virginia... And then the third the third one is in Florida”
Michael Walshe· 05 Mar 2026·

Technical risk 2

Key takeaway. Management says the project relies on a key assumption of 200 grams per ton gold equivalent and assumed recoveries.

Read the full summary

The company reports that it is targeting a 70% to 100% payability rate through flash heating and post-processing, which it acknowledges as a technical risk.

What was actually said
key assumption
200 grams per ton gold equivalent and assumed recoveries
“assuming which we're targeting is about 200 grams per ton of gold equivalent”
Michael Walshe· 05 Mar 2026·
recovery rate
70% to 100% payability targeted through flash heating and post-processing
“the payability for our material goes from say 70% to 100% of realized metal value”
Michael Walshe· 05 Mar 2026·

Economics 4 statements

Economics 2

Key takeaway. Management of Metallium Limited says the project's economics assume a payability of 70% to 100% of realized metal value.

Read the full summary

On operating costs, the company reports it is using the market rate for feed stock. Both figures were provided in March 2026.

What was actually said
operating cost
market rate for feed stock
“we secure that feed stock by paying the market rate for it”
Michael Walshe· 05 Mar 2026·
price assumption
70% to 100% of realized metal value payability
“the payability for our material goes from say 70% to 100% of realized metal value”
Michael Walshe· 05 Mar 2026·

Financing 2

Key takeaway. Management reports that as of March 2026, Metallium has secured a binding feedstock supply agreement with Glencore covering one-third of the company's planned 8,000-ton capacity.

Read the full summary

The company also notes that future capital will be required for additional downstream processing steps.

What was actually said
capital needed
future capital for additional downstream steps
“we will in the future add more steps on the downstream so that we capture more of the value. And we we have we have space located already at the Texas facility for this future um capital”
Michael Walshe· 05 Mar 2026·
financing status
binding feed stock supply agreement with Glencore for one-third of 8,000 tons planned capacity
“we've signed a binding feed stock supply agreement with Glenor, obviously household name. They're doing onethird of our planned 8,000 tons of inbound printed circuit board capacity”
Michael Walshe· 05 Mar 2026·

Timeline 5 statements

Timeline 3

Key takeaway. In a March 2026 interview, Metallium Limited's management outlined three near-term milestones.

Read the full summary

The company says a NASDAQ listing is expected by September or October of this year, and an offtake agreement is penciled in for the next six to eight weeks. Management also reports a planned capacity doubling to 16,000 tons within 12 months.

What was actually said
milestone
NASDAQ listing by September, October this year
“we're we're focused on getting this second uh NASDAQ listing up and going by hopefully September, October this year”
Michael Walshe· 05 Mar 2026·
milestone
offtake agreement penciled in next six to eight weeks
“hopefully in the next six to eight weeks we will have our first offtake agreement also penciled”
Michael Walshe· 05 Mar 2026·
milestone
planned capacity doubling to 16,000 tons within 12 months
“By 12 months from there, we want to double that capacity to 16,000 tons”
Michael Walshe· 05 Mar 2026·

Catalysts 2

Key takeaway. Management says the company expects two catalysts in March 2026: a commercial-scale demonstration of printed circuit board recycling at its Texas facility, and the signing of offtake agreements covering gold, silver, palladium, tin, copper…

Read the full summary

and gallium/germanium.

What was actually said
upcoming decision
offtake agreements for gold, silver, palladium, tin, copper and gallium/germanium
“And then we will have offtakes in the hopefully in the next six to eight weeks we will have our first offtake agreement also penciled”
Michael Walshe· 05 Mar 2026·
upcoming result
Texas facility demonstration of printed circuit board recycling at commercial scale
“The ultimate aim is to demonstrate the technology on printed circuit board feed stock at commercial scale”
Michael Walshe· 05 Mar 2026·

Corporate 3 statements

Management 1

What was actually said
track record
DARPA-sponsored research at Rice University
“The Department of Defense actually sponsored the original research via DARPA at at Rice University”
Michael Walshe· 05 Mar 2026·

Share structure 1

What was actually said
warrants
ADRs trading on the OTC
“getting these these ADRs that are trading on the OTC uplisted to NASDAQ”
Michael Walshe· 05 Mar 2026·

Market 1

What was actually said
cost curve position
orders of magnitude more attractive than typical mining projects
“So it's orders of magnitude more than a typical mining project or body. So it's a very attractive feed for us”
Michael Walshe· 05 Mar 2026·

Sources 2 interviews

Every interview 2

DateChannelInterviewStatements
05 Mar 2026 Crux Investor Metallium Ltd. (ASX:MTM) - Turning E-Waste Into Nr Term Cash Flowing Gold-Equivalent Ounces 20
04 Jan 2026 Liberty and Finance This Could Prevent Wars! Breakthrough Metal Recovery Process | Dr. James Tour No claims identified

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

90% junk silver 1
cobalt 1
darpa 1
element usa 1
flash metals usa 1
glencore 1
gold 1
graphene 1

Questions people ask

What is Metallium Limited's project and where is it?

Metallium Limited is a producer gold company, with a project stated to be in Texas, United States. Everything here is drawn from its executives' own interviews.

Which interviews mention Metallium Limited?

We track 2 interviews mentioning Metallium Limited, across 2 channels (Crux Investor, Liberty and Finance).

What are investors saying about Metallium Limited?

No independent commentary is on record yet — so far the page carries only the company's own voice.

What do recent interviews with Metallium Limited cover?

The most-discussed topics on record are the deposit, timeline, economics, financing — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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