Australia's MTM Critical Metals hits record high on antimony recovery from US e-waste

Metallium

03/06/2025 03:21

** MTM Critical Metals MTM.AX soars as much as 18.9% to an all-time high of A$0.440

** Stock posts biggest intraday pct gain since May 20

** Critical metals explorer says it recovered antimony from U.S.-sourced e-waste using its proprietary tech

** Adds antimony grade exceeds that of typical mined ore and U.S. has no significant domestic production

** About 6.7 mln shares traded vs the 30-day avg of ~4.8 mln

** MTM last up 13.5%, taking YTD gains to 61.5%

 (Reporting by Aaditya Govind Rao in Bengaluru)

 ((Aaditya.govindrao@thomsonreuters.com;))