Skip to site menu Skip to page content

Daily Newsletter

06 January 2026

Daily Newsletter

06 January 2026

Flash Metals, Glencore sign e-scrap supply agreement

Glencore is a recycler of end-of-life electronics, Li-ion batteries and other products containing critical metals.

Shree Mishra January 05 2026

Metallium has announced a binding e-scrap supply agreement between its subsidiary Flash Metals USA and Glencore.

Glencore is a recycler of end-of-life electronics, lithium-ion (Li-ion) batteries and other products containing critical metals.

Under the agreement, Glencore will supply Metallium with up to 2,400 tonnes per annum (tpa) of e-scrap for its US operations.

The agreement represents a major commercial milestone for Metallium, ensuring long-term access to e-scrap feedstock to support the continued commissioning and scale-up of its flash joule heating (FJH) technology platform in the US.

It is also Metallium’s first binding feedstock supply contract, marking the company’s shift from development into commercial commissioning and execution.

By securing a multi-year supply arrangement with a global Tier-1 recycler, Metallium gains the throughput certainty needed to expand its US FJH operations, enabling consistent processing rates and the rollout of multiple production lines across its Technology Campus.

The agreement builds on the technical and commercial partnership set out in the parties’ previously announced memorandum of understanding (MoU).

Metallium and Glencore are also advancing a separate binding offtake agreement in line with the framework established in the MoU.

Additionally, the agreement provides feedstock certainty during commissioning, enabling predictable reactor utilisation and supporting future multi-line scale-up.

It also strengthens Metallium’s position in the fast-evolving US critical materials recycling sector, enabling closer collaboration with downstream refiners, original equipment manufacturers and strategic partners.

Metallium managing director and CEO Walshe said: “This is a defining moment for Metallium. Our first binding supply agreement gives us exactly what every processing technology company needs most: consistent, secure, high-quality feedstock. Glencore’s commitment allows us to commission and scale with confidence, and it is a strong validation of our FJH technology and US strategy.”

The next steps involve initiating delivery scheduling and logistics to enable commissioning and the first commercial-scale processing campaigns.

Metallium noted that, while the terms were not disclosed, they are standard for Glencore’s secondary-materials supply arrangements and do not affect the agreement’s strategic importance.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close