Metallium Comments on MP Materials/Apple Partnership to Recycle Rare Earths Magnets

Says Move Sends Strong Signal that Major Players are Serious about Building Local, Circular Rare Earth Supply Chain in U.S.

Reinforces Metallium's Efforts in This Area

HOUSTON, July 15, 2025 /PRNewswire/ -- Metallium, Inc. (formerly MTM Critical Metals), ASX: MTM; OTCQX: MTMCF, today said that the recently announced MP Materials – Apple $500-million partnership to produce recycled rare earth magnets in the United States "sends a strong signal that major players are serious about building a local, circular rare earth supply chain and reinforces many of our key points at Metallium," according to Michael Walshe, managing director/CEO of Metallium.

He noted the following:

• Policy support from the U.S. government is strengthening as evidenced by the U.S. Department of Defense's backing of MP Materials. "The U.S. DoD's actions provide long-term floor pricing for rare earths, and demonstrate the policy direction is clear," said Walshe. He notes that this improves the investment case for all domestic producers of rare earths, as well as those who participate in the industry, such as Metallium.
• Recycling is now a core supply and no longer a side stream. "Apple's move confirms that high-grade waste like e-waste, magnet swarf and industrial residues are becoming strategic feedstocks. Metallium is recovering Neodymium-Praseodymium (NdPr); Dysprosium and Terbium (DyTb); Gallium (Ga); Germanium (GE); Indium (In) and Gold (Au) and more from these sources using our patented Flash Joule Heating process."
• Metallium enables, not competes with, the supply-chain. "We work with rare earth developers and producers to treat a wide range of feedstocks including Mixed rare earth carbonate; Monazite-rich tailings; flotation concentrates; magnet scrap and swarf and other high-value industrial residues," he said. He added that Metallium's technology helps remove low-value or deleterious elements such as Lanthanum (La); Calcium (Ce); Iron (Fe) and Aluminum (Al) and phosphate before final separation, boosting overall recovery and economics.
• A modular model with strategic value. Walshe affirmed that the company's U.S.-based, modular facilities offer original equipment manufacturers and recyclers a clean, flexible solution to process complex materials quickly. Flash Joule Technology rapidly heats materials in a controlled atmosphere to extract metals from the feedstocks. "Our technology has the potential to revolutionize metal recovery by reducing energy consumption, reagent use, and waste, offering a more economical and environmentally friendly alternative," affirmed Walshe.

Walsh said that the MP-Apple deal highlights just how much demand exists for secure, ESG-aligned supply chains, and Metallium is well placed to support that shift.

Metallium Inc., (https://www.metalliuminc.com), with management teams in Perth, Australia and Houston, Texas, specializes in advanced metal recovery technologies. The company's 100% owned USA subsidiary, Flash Metals USA Inc. is commercializing the company's Flash Joule Heating Technology, an innovative metal recovery and mineral processing method developed by researchers at Rice University. The company has exclusive worldwide licensing rights to this technology.

SOURCE MTM Critical Metals Ltd.