MTM Critical Metals (ASX:MTM) has made a significant breakthrough in rare earth element (REE) processing with its Flash Joule Heating (FJH) technology. This advancement reduces impurities by nearly 50% and increases REE concentration by 50%, offering a more efficient and environmentally friendly alternative to traditional methods.
MTM Critical Metals has developed a groundbreaking approach to rare earth element processing using Flash Joule Heating technology. This method simplifies the traditional 'cracking and leaching' process, reducing environmental impact and operational costs. The company is in discussions with industry players for commercialization and aims to support U.S. initiatives to strengthen domestic supply chains. MTM's future steps include optimizing the FJH prototype reactor and forming strategic partnerships for further advancement and commercialization of this technology.
MTM Critical Metals Limited is excited to announce this major advancement in REE processing. Our FJH technology not only reduces energy and water consumption but also minimizes waste production. This positions us as a leader in sustainable REE processing and supports efforts to re-shore critical mineral refining.