MTM Critical Metals secures supply agreement with Dynamic Lifecycle Innovations

MTM CEO says this supply agreement marks a pivotal milestone in the company’s commercialization journey.

electronic scrap

Thomas Heitz | stock.adobe.com

Australia-based MTM Critical Metals has announced a letter of intent (LOI) for a five-year supply agreement with Onalaska, Wisconsin-based Dynamic Lifecycle Innovations Inc. to provide a minimum of 700 tons per year of electronic scrap.

“Securing this supply agreement marks a pivotal milestone in MTM's commercialization journey,” MTM Managing Director and CEO Michael Walshe says. “Reliable feedstock is fundamental to any recycling operation and this agreement ensures a scalable, long-term supply. Combined with our breakthrough gold recovery results, MTM now has both the technology and supply chain to underpin a robust commercial rollout and further strategic partnerships.”

RELATED: Dynamic Lifecycle Innovations expands operations in Tennessee

The company also recently announced its ability to recover what it refers to as “ultra-high-grade gold” from e-scrap material streams. Using its proprietary Flash Joule Heating technology, MTM says it can recover copper at 42 percent and gold and titanium at 95 percent, with silver, tin and zinc recovery exceeding 90 percent into water-soluble metal chlorides. The company’s e-scrap feedstock originates from end-of-life electronics, including cell phones, laptops, data processing servers and telecommunications equipment.

MTM says the single-step, acid-free process eliminates toxic waste and converts metals from discarded electronics into water-soluble metal chlorides.

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