MTM Critical Metals collaborates with Murdoch University on flash joule heating technology

MTM Critical Metals Limited (ASX: $MTM) has signed a Memorandum of Understanding (MOU) with Murdoch University (Murdoch) to investigate research collaboration opportunities for the use of Flash Joule Heating (FJH) technology. The collaboration aims to advance the FJH technology through research programs and infrastructure at Murdoch for testing waste streams and developing new mineral processing solutions for primary ores. This collaboration builds on MTM's recently executed license agreement for exclusive global rights to FJH technology and aims to accelerate research efforts at both Murdoch & Rice Universities, benefiting MTM's future commercialisation plans.

MTM Chairman, Mr John Hannaford's commentary on the collaboration

MTM Chairman, Mr John Hannaford said, 'MTM is delighted to be partnering with Murdoch University to explore research in relation to FJH technology. Murdoch's expertise in metallurgy and mining, through its Centre for Water, Energy and Waste is highly complementary to the work done by Rice University on the extraction of Rare Earth Elements (REE) and other metals using FJH technology. This is a significant endorsement of the potential of FJH technology across REE and critical minerals sectors. Western Australia has not only a world leading mining industry but also has large stockpiles of materials categorised as waste, which represent an opportunity for value addition with the right technology. Murdoch University is well positioned as our research partner in these technologies as they apply to bulk waste streams in Australia and globally.'

Summary of MTM's collaboration with Murdoch University and outlook

MTM Critical Metals Limited has entered into a collaboration with Murdoch University to explore research opportunities for the use of Flash Joule Heating (FJH) technology. The collaboration aims to advance the FJH technology through research programs and infrastructure at Murdoch for testing waste streams and developing new mineral processing solutions for primary ores. This collaboration builds on MTM's recently executed license agreement for exclusive global rights to FJH technology and aims to accelerate research efforts at both Murdoch & Rice Universities, benefiting MTM's future commercialisation plans. The partnership with Murdoch University, known for its expertise in metallurgy and mining, signifies a significant endorsement of the potential of FJH technology across REE and critical minerals sectors. The collaboration also positions MTM to leverage the expertise at Murdoch and Rice to research and commercialise FJH technology. The MOU sets out the framework for collaboration, and MTM will work closely with Professor Aleks Nikoloski, Academic Chair of Chemical and Metallurgical Engineering at Murdoch, to explore new research in mineral extraction and processing. This collaboration marks a significant step for MTM in its pursuit of advancing technology for metal extraction and processing, and it sets the stage for potential future commercialisation and value addition in the mining industry.