MTM Critical Metals and Murdoch sign MOU for FJH technology

MTM Critical Metals (ASX: MTM) and Murdoch University have signed a memorandum of understanding (MOU) to investigate research opportunities for metal extraction.

Under the MOU, MTM and Murdoch will examine ways to use flash joule heating (FJH) technology to develop new research in mineral extraction and processing to enhance the recovery of metals and minerals.

The two parties will aim to establish research programs and infrastructure at Murdoch for testing mineral waste streams and developing new mineral processing solutions for primary ores.

MTM will also leverage Murdoch’s experience to research and commercialise FJH technology, and the parties will seek joint funding, including grants from Australian, US and industry sources.

The FJH technology was recently licensed to MTM by Rice University in Texas, where the technology was invented and developed by Professor James Tour.

MTM chairman John Hannaford says the company is excited to partner with Murdoch to explore research.

“Murdoch’s expertise in metallurgy and mining, through its Centre for Water, Energy and Waste is highly complementary to the work done by Rice University on the extraction of rare earth elements and other metals using FJH technology,” he said.

“There is a significant endorsement of the potential of FJH technology across REE and critical minerals sectors.

“WA has not only a world leading mining industry but also has large stockpiles of materials categorised as waste, which represent an opportunity for value addition with the right technology.”

The MOU sets out the framework for collaboration, but it’s not a definitive agreement with commercial terms and timelines.