Metallium Secures 2,400 Tonnes of E-Scrap Feedstock Annually from Glencore
Metallium’s US subsidiary has locked in a binding multi-year supply agreement with Glencore for electronic scrap, underpinning the commercial scale-up of its innovative Flash Joule Heating technology in Texas.
- Binding contract for up to 2,400 tonnes per annum of electronic scrap feedstock
- Supports Metallium’s transition from development to commercial operations in the US
- Agreement enables predictable processing and multi-line scale-up at Texas Technology Campus
- Negotiations ongoing for a complementary binding offtake agreement with Glencore
- Strengthens Metallium’s position in the US critical materials recycling sector
A Milestone in Commercialisation
Metallium Limited, through its US subsidiary Flash Metals USA Inc., has taken a significant step forward by executing a binding electronic scrap supply agreement with global commodity giant Glencore Ltd. This deal, announced in early January 2026, secures a steady feedstock supply of up to 2,400 tonnes annually, crucial for the commissioning and scale-up of Metallium’s proprietary Flash Joule Heating (FJH) technology platform in Texas.
This agreement marks Metallium’s first binding feedstock contract, symbolising its transition from a development-stage company to a commercial operator within the US critical metals recycling landscape. With Glencore’s backing, Metallium gains the throughput certainty needed to operate its reactors predictably and plan for multi-line deployment across its Technology Campus.
Strategic Alignment and Market Positioning
Glencore, a major recycler of complex secondary materials including end-of-life electronics and lithium-ion batteries, brings a well-characterised and scalable source of PCB-rich scrap to Metallium’s operations. This partnership not only secures feedstock but also aligns with broader US industrial policy goals aimed at strengthening domestic supply chains for critical metals.
Metallium’s FJH technology offers a modular, low-carbon alternative to traditional smelting, capable of rapidly liberating valuable metals such as gold, silver, palladium, and copper from complex electronic waste. This positions the company as a key player in the emerging circular economy for technology metals, addressing the historical reliance on offshore processing of US e-waste.
Looking Ahead, Offtake and Expansion
Alongside the supply agreement, Metallium and Glencore are progressing negotiations on a separate binding offtake agreement for the metal products recovered through the FJH process. Finalising this deal will complete the commercial loop, securing both input materials and downstream sales channels.
With commissioning underway at the Texas Technology Campus, Metallium is poised to accelerate its capacity expansion plans. The company also indicates that several additional feedstock supply agreements are in negotiation, suggesting a robust pipeline to support future growth.
While specific commercial terms beyond volume remain confidential, the strategic importance of this partnership is clear, it provides Metallium with the foundation to scale operations confidently and meet growing demand for critical metal recycling in the US.
Bottom Line?
This binding supply deal with Glencore sets Metallium on a clear path to commercial scale-up, but the finalisation of offtake agreements will be key to unlocking full market potential.
Questions in the middle?
- What are the detailed commercial terms and pricing mechanisms behind the supply agreement?
- How soon will the binding offtake agreement with Glencore be finalised and what impact will it have on Metallium’s revenue visibility?
- What is the timeline and scale for additional feedstock agreements and capacity expansions at the Texas Technology Campus?
