Flash Metals, Glencore sign e-scrap supply agreement

Key Highlights

• The agreement represents a major commercial milestone for Metallium, ensuring long-term access to e-scrap feedstock to support the continued commissioning and scale-up of its flash joule heating (FJH) technology platform in the US.
• It is also Metallium’s first binding feedstock supply contract, marking the company’s shift from development into commercial commissioning and execution.
• By securing a multi-year supply arrangement with a global Tier-1 recycler, Metallium gains the throughput certainty needed to expand its US FJH operations, enabling consistent processing rates and the rollout of multiple production lines across its Technology Campus.
• The agreement builds on the technical and commercial partnership set out in the parties’ previously announced memorandum of understanding (MoU).
• Metallium and Glencore are also advancing a separate binding offtake agreement in line with the framework established in the MoU.