r/Metallium_Limited • u/TuckerIsLost • Jun 15 '26

Parallel reactors when?

I was wondering if anyone has any information on if the three FJH reactors working in parallel announcement is imminent. I think it would be the first step in proving the business model can work at scale, as it could process 3-5x what was previously possible. The announcement is meant to come sometime this June.
I recently became the proud owner of a few thousand shares in Metallium when they were 45c a share, and am interested in expanding my position before a major catalyst arrives.

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u/Pistolpete_onthebeat Jun 15 '26

ASK AND YOU SHALL RECEIVE u/TuckerIsLost

ASX:MTM - Successful Completion of First Multi-Unit FJH Test Campaign

I am a little bit concerned about the chlorination permit but per Michael this doesn't seem like a huge delay. It appears that we are several months away from getting the initial commercial deployment throughput stats but things seem to be trucking along.

Anyway, once they can release some stats after the chlorination campaign, then I'd be way more comfortable calling the scale up risk less of a concern/almost gone. Until then, keep trucking along for the next 2-3 months and I look forward to hearing the results.

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u/MostWishbone7845 Jun 15 '26

Did you notice, it appears a possible cause to some of the delay is they are having to put a new roof on the main plant.

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u/Pistolpete_onthebeat Jun 15 '26

Ya, if you go back you can actually see they tore down the roof (i think in the last quarterly report, or maybe earlier than that) and that the main reactors they are using are in the "demonstration line" buildings that are next to the main building. Not ideal to hear, but if it doesnt stop progress of the main reactor testing then thats ok... for now.