BUZZ-Australia's Metallium gains on e-scrap supply deal with global miner Glencore
Reuters01-05
BUZZ-Australia's Metallium gains on e-scrap supply deal with global miner Glencore** Shares of Metallium MTM.AX rise as much as 8% to A$1.150, highest since October 17, 2025
** Stock posts its biggest intraday pct gain since December 29
** Diversified miner says its U.S. unit has executed a binding electronic-scrap (e-scrap) supply agreement with global miner Glencore GLEN.L
** Contract for supply of up to 2,400 tonnes per annum of e-scrap from Glencore into the company’s U.S. operations
** MTM rose over 309% in 2025 and is currently up about 6.8%
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com))
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