Gallium and germanium shown within a table of elements
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MTM Critical Metals (ASX:MTM) has achieved recovery rates of approximately 90% for gallium and around 80% for germanium from semiconductor metal refining waste through the use of its proprietary FJH (flash joule heating) technology.

This development – made at MTM’s lab in Houston, Texas – makes it one of the top contenders among companies finding sustainable ways to recover these critical metals.

And, given the reliance of many industries on Ga and Ge sourced from China, this development comes at a fairly critical time too given the current geopolitical environment regarding tariffs.

One of the key factors underpinning recent testing is a partnership with New York-based Indium Corporation (a major supplier of refined specialty technology metals) which has enabled MTM to source high-value feedstock for these tests.

This strategic partnership is expected to open the door to commercialisation, through MTM’s access to critical materials.

Managing director and CEO Michael Walshe said these results went beyond expectations.

“We’re thrilled with FJH technology’s versatility across multiple metals, and the latest test results for ultra-high-value technology metals couldn’t be timelier given the current geopolitical landscape,” he said.

“Ga & Ge are indispensable to semiconductors and defence applications, yet their supply chains remain highly vulnerable due to overwhelming dependence on imports—particularly from China.

“MTM’s proprietary process offers a commercially viable, environmentally friendly solution to secure domestic supplies of these strategic materials, creating a major economic opportunity for the company.”

MTM has been trading at 21.5 cents.

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MTM by the numbers
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