Metallium Limited has halted trading on the ASX pending a significant announcement about a partnership and funding deal with a US firm related to its critical-metals recovery technology.
- Voluntary suspension requested by Metallium from 11 December 2025
- Pending announcement on material collaboration with US partner
- Focus on critical-metals recovery technology
- Suspension to last until announcement or start of trading on 12 December
- Potentially transformative funding arrangements in play
Trading Halt Signals Major News
Metallium Limited (ASX, MTM), a player in the critical-metals recovery sector, has requested a voluntary suspension of its securities on the Australian Securities Exchange starting 11 December 2025. The move follows a trading halt granted two days earlier and is aimed at managing market integrity ahead of a material announcement.
Collaboration with a US Partner
The suspension is linked to an impending announcement about a significant collaboration and associated funding arrangements with a United States partner. While details remain under wraps, the partnership is expected to revolve around Metallium’s proprietary technology for recovering critical metals, a sector gaining strategic importance globally due to supply chain pressures and the green energy transition.
Implications for Metallium and Investors
This development could mark a pivotal moment for Metallium, potentially unlocking new capital and accelerating the commercialisation of its technology. The company’s leadership, including Managing Director Michael Walshe, has indicated no known impediments to the suspension, suggesting confidence in the forthcoming announcement. Investors will be keen to understand the scale and terms of the collaboration, which could materially influence Metallium’s growth trajectory and market valuation.
Next Steps and Market Watch
The voluntary suspension is set to remain in place until the earlier of the announcement release or the start of trading on 12 December 2025. Market participants should prepare for potential volatility once trading resumes, as the details of the funding and partnership could reshape Metallium’s outlook. The company’s offices in Perth and Houston underscore its international reach and ambition in the critical metals space.
Bottom Line?
All eyes will be on Metallium’s announcement, which could redefine its position in the critical metals market.
Questions in the middle?
- What are the specific terms and scale of the US partnership and funding?
- How will this collaboration impact Metallium’s technology deployment and commercial strategy?
- Could this deal signal broader industry consolidation or new market entrants in critical metals recovery?