MTM Critical Metals (ASX:MTM) tests Flash Joule Heating for gold recovery from e-waste

MTM Critical Metals Limited (ASX:MTM) has successfully tested its proprietary Flash Joule Heating (FJH) technology to recover gold from electronic waste (e-waste), achieving high recovery yields of up to 70% without the use of toxic acids. The FJH process, at this unoptimized, proof-of-concept stage, has demonstrated its potential to revolutionize the recycling industry by providing a sustainable and environmentally friendly alternative to traditional methods of recovering metals from e-waste.

MTM Chief Executive Officer, Michael Walshe, on FJH technology

MTM Chief Executive Officer, Michael Walshe, expressed his satisfaction with the FJH technology, stating, 'FJH has proven to be an efficient and sustainable solution for recovering gold from low-grade e-waste, with future tests to focus on higher metal content material as it becomes available. As global e-waste levels rise and the demand for greener metal production increases, particularly in the face of an acid shortage, FJH presents a cleaner and more efficient alternative to traditional methods. This technology holds the potential to unlock significant economic value through environmentally responsible metal extraction, delivering lasting benefits for shareholders, the industry, and the environment'.

Efficient and sustainable gold recovery with FJH technology

MTM Critical Metals' successful testing of the Flash Joule Heating (FJH) technology for gold recovery from e-waste marks a significant breakthrough in the recycling industry. The FJH process achieved high recovery yields of up to 70% for gold without the use of toxic acids, demonstrating its scalability and environmentally friendly nature. With over 60 million metric tonnes of e-waste generated annually, containing precious and base metals valued at over US$70 billion, the potential market opportunity for FJH technology is substantial. MTM aims to continue optimizing the FJH prototype reactor, finalize plans for a commercial-scale facility, and pursue strategic partnerships to support the development and commercial deployment of this revolutionary technology. The company's focus on maximizing lithium and other critical metal recovery while minimizing energy consumption aligns with the growing demand for sustainable metal production, positioning MTM to capitalize on this significant market opportunity while addressing a pressing global environmental issue.