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MTM Critical Metals secures A$50 million from institutional investors to accelerate US commercialization of its technology, led by Petra Capital.

PRIVATEJun 26, 2025

Amount Raised

$32.5 Million

Round Type

Funding Round

SubiacoMining

Investors

Petra Capital

Description

MTM Critical Metals Limited has announced a placement of A$50 million (approximately $32.5m US) from institutional investors. This placement, led by Petra Capital, aims to support the US commercialization of its Flash Joule Heating technology. The funds will be used for building an initial facility in Houston. This event marks a crucial milestone in MTM's strategy to become a leader in critical metals recovery.

Quick answer

MTM Critical Metals raised $32.5 Million in a Funding Round round, dated June 26, 2025. Investors: Petra Capital. MTM Critical Metals is based in Subiaco, Western Australia, Australia.

How much did MTM Critical Metals raise?
MTM Critical Metals raised $32.5 Million in a Funding Round round on June 26, 2025.
Who invested in MTM Critical Metals?
Petra Capital is named as investors in this round.
What does MTM Critical Metals do?
MTM Critical Metals Ltd., soon to be renamed Metallium Ltd., specializes in advanced metal recovery technologies.
Where is MTM Critical Metals based and how big is it?
MTM Critical Metals is based in Subiaco, Western Australia, Australia.
Who are the decision-makers at MTM Critical Metals?
Fundz holds 1 contact at MTM Critical Metals. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining around the same time

Companies in the same sectors as MTM Critical Metals that raised within 45 days of this round, from Fundz verified event records.

  • Canadian Energy Metals raised $50K (Seed) on August 8, 2025.
  • Cantex Mine Development raised $622K on August 6, 2025.
  • Disa Technologies raised $30M (Series A) on August 6, 2025.
  • Core Silver raised $290K on August 5, 2025.
  • Goldgroup Mining raised $276K (Seed) on August 5, 2025.
  • Still Bright raised $19M (Seed) on August 4, 2025.

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Company Information

Company

MTM Critical Metals

Location

Subiaco, Western Australia, Australia

About

MTM Critical Metals Ltd., soon to be renamed Metallium Ltd., specializes in advanced metal recovery technologies. The company provides innovative solutions for extracting critical and precious metals from e-waste and offers a beneficiation process for rare earths. Its exclusive worldwide licensing rights for the Flash Joule Heating technology position MTM as a leader in metal recovery processes. The company aims to build a scalable platform for critical metals recovery with a focus on sustainability and efficiency.

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