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Metallium (ASX: MTM) is scaling its Flash Joule Heating technology in Texas, supported by US government funding, recent capital raising and supply agreements aimed at advancing critical metals recovery and commercialisation.

Metallium (ASX: MTM), a pre-revenue metal recovery and exploration company, has lost momentum as commercialisation delays and cash-runway concerns replaced hype. Technically, MTM is testing major support near 0.475, but a confirmed reversal has not yet appeared.