Metallium (ASX: MTM) subsidiary Flash Metals US has secured a deal with commodity trader Traxys North America to evaluate opportunities to develop US critical metals supply chains combining Metallium’s flash joule heating (FJH) processing platform with Traxys’ global commercial capabilities.

The framework pairs Metallium’s processing development at the Gator Point Technology Campus in Texas with Traxys’ global sourcing, customer reach, logistics and trade finance expertise.

It will target the areas of feedstock sourcing, processing and tolling, marketing and offtake, price hedging, prepayments and working capital facilities, as well as potential strategic investments to enable a more capital-efficient route to scale-up.

The immediate task will be to prioritise feedstocks and products, assess processing economics and negotiate supply, offtake and financing terms—each of which is considered central to the proposed collaboration.

The partners will contemplate evaluation across a range of metals including magnetic rare earths, gallium, germanium, indium, tungsten, titanium, copper, nickel, magnesium, manganese and platinum group metals.



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