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Honeywell

31 March 2026

Metallium announces off-take agreement with Indium Corp for critical & precious metals including gallium and germanium

Metallium Ltd of Subiaco, Western Australia, says that its US subsidiary Flash Metals USA Inc of Houston, TX, USA has executed a long-term offtake agreement with materials refiner and manufacturer Indium Corp of Clinton, NY, USA, covering the supply of gallium (Ga), germanium (Ge) and other critical metals recovered using Metallium’s Flash Joule Heating technology.

Flash Metals USA will supply, and Indium Corp will purchase, specified recovered metals generated from Metallium’s US recycling operations including gallium, germanium, copper, tin, gold and indium. The off-take agreement has an initial term of 10 years, with automatic five-year renewal periods unless non-renewed in accordance with agreed notice provisions.

“This agreement with Indium Corporation is an important step in commercializing our US recycling platform,” says Metallium’s managing director & CEO Michael Walshe. “Critical metals, and specifically their midstream processing and refining, remain highly concentrated in a limited number of jurisdictions, not all of which are aligned with Western supply chain priorities, underscoring the need for domestic capability,” he adds. Establishing a long-term offtake with Indium “strengthens our pathway to monetize recovered critical metals as we scale up our operations,” Walshe continues. “Importantly, metals such as gallium and germanium are foundational to advanced semiconductors, defense systems and AI infrastructure.”

Metallium is pioneering a low-carbon, high-efficiency approach to recovering critical and precious metals from mineral concentrates and high-grade waste streams. Developed at Rice University, patented Flash Joule Heating (FJH) technology enables the extraction of high-value materials (including gallium, germanium, antimony, rare-earth elements, and gold) from feedstocks such as refinery scrap, e-waste and monazite. Aligned with US strategic supply chain objectives, Metallium recently secured its first commercial site in Texas via its subsidiary Flash Metals USA Inc.

See related items:

Metallium gains first SBIR contract from US DoD

Indium Corp extracts gallium from feed sourced at Rio Tinto’s Quebec aluminium operation

Tags: Gallium Germanium

Visit: www.indium.com

Visit: www.metalliuminc.com

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