Metallium Secures Contracts Covering Half of Stage One Throughput Target
MT Newswires Live
May 06
Metallium (ASX:MTM) secured contracts covering 50% of its first-stage throughput target of 8,000 tonnes per year of printed circuit board feedstock for US operations, according to a Wednesday filing with the Australian bourse.
The company is targeting a contracted base of roughly 70% of the first-stage target, while retaining about 30% exposure to spot market procurement, the filing said.
Meanwhile, commissioning at the company's Texas Technology Campus is currently underway, per the filing.
Metallium shares fell 1% in midday trade on Wednesday.
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