Metallium Completes A$75 Million Capital Raise to Boost U.S. Operations

Metallium's Major Capital Raise to Propel U.S. Expansion

HOUSTON, Jan. 21, 2026 – Metallium Ltd. (ASX: MTM; OTCQX: MTMCF; OTCQX ADR: MTLMY) has announced the successful completion of a substantial A$75 million strategic capital raise, primarily led by U.S.-based institutional investors. This funding is intended to fortify the company's ambitious plans surrounding critical minerals and recycling technology, as well as enhance its domestic processing capabilities in the United States.

This capital infusion comes at a pivotal time, aligning with the impending commissioning and commercial scale-up of Metallium's inaugural facility, the Gator Point Technology Campus in Texas. Furthermore, it supports the establishment of an American Depository Receipt (ADR) program following a planned NASDAQ listing later this year.

Key Details and Strategic Importance

The funding was finalized at an issue price of A$0.84 per share, signifying an 8.7% discount compared to the company's last closing price and 8.8% off the five-day average price. This capital raise notably enhances U.S. institutional representation in Metallium’s shareholder register and reflects a rising investor interest in U.S.-based critical metals initiatives.

Michael Walshe, the managing director and CEO, remarked, "This capital raise is a testament to the robust support for our U.S.-focused strategy as we transition from development to commercial operations. As we initiate commissioning at Gator Point and under our secured feedstock agreement with Glencore, we've witnessed increased engagement from U.S. investors eager to participate in the critical metals sector."

The capital raising effort was spearheaded by Petra Capital, with EAS Advisors LLC, facilitated through Odeon Capital Group LLC, serving as the U.S. advisory firm.

Innovative Approach to Metal Recovery

Metallium Ltd. is at the forefront of implementing a low-carbon and high-efficiency approach for the extraction of critical and precious metals from mineral concentrates and high-grade waste streams. The company’s proprietary Flash Joule Heating (FJH) technology allows the efficient extraction of valuable materials such as gallium, germanium, antimony, rare earth elements, and gold from various sources, including refinery scrap, e-waste, and monazite.

Through its fully owned U.S. subsidiary, Flash Metals USA Inc., the company has established its first commercial site and is set to commence production while generating revenue in the near future. This strategic move indicates a focused intent to solidify Metallium’s presence in the U.S. market, targeting alignment with sustainability initiatives in metal processing.

Conclusion

With successful funding and a clear roadmap, Metallium appears well-positioned to advance its agenda within the critical minerals sector. As demand for sustainable metal sourcing continues to rise, the company’s innovative technologies and strategic partnerships may play a crucial role in reshaping the landscape of critical metals processing in the U.S. market. Investors and stakeholders will undoubtedly be keeping a close eye on Metallium’s progress as it charts a course towards significant market engagement and growth in the coming years.

For more detailed information, visit Metallium's Official Release.