Next critical minerals/rare earth 200% +14 Apr 2026 09:20
Market cap £2.3mln
Most recent critical mineral company I saw like this was REE i(altona rare earths) which has gone from 1.2p to 3.6p in four months and featured in Investors Chronicle shares magazine in April
TM1 very much like lots of companies who, after years of issues have finally sorted legacy mgmt and loans etc, most recent example BMV (0.06p to 0.22p since 7th April )
Exploration for critical minerals
The Company has reassessed its TMC Project licenses and has identified high-priority potential multi-commodity targets including rare earths at its 100%-owned TMC Project in Cameroon. The Company is in discussions with potential partners to support future fieldwork programmes aimed at advancing these assets and supporting future value realisation for shareholders.
Already had automotive partnerships with Jaguar landrover and Close Brothers (FTSE)
Asset 1 rare earth project
Identified potential multi-commodity targets, including rare earths, at its 100%-owned Cameroon project ("the TMC Project")
Asset 2 " Recyclus "
Recyclus achieved important financial milestones in late 2025/ early 2026, including its first months of positive cash flow and record monthly revenues *up 175%*, supported by customer demand and contract wins.
Owns 48% of "Recyclus" which launched a private placing in March valuing it at £30mln (see March 10 2026) Therefore TM1 stake in Recyclus could be worth £14mln even as it stands
TM1 have restructured thier finances and also their own £9mln loan to their partner Recyclus
Alex Stanbury, CEO of Technology Minerals, said: "With electrification gathering pace all the time, the UK needs to rapidly strengthen its supply chain for critical battery materials. Recyclus, is aiming to tackle this by recovering those much-needed materials from Li-ion batteries, and after a record-breaking 2025, the team at Recyclus are excited to be taking the next step in this mission
Recyclus · Secured £1.1 million loan agreement with Close Brothers (CBG).a FTSE car company valued at £650mln
Black mass offtake agreement with Glencore plc ("Glencore") continues to perform strongly, with volumes currently exceeding the contracted 20 tonnes per month commitment
Asset 3
100% owned subsidiary, LiBatt recycling Ltd, joined consortium with Jaguar Land Rover ("JLR"), Mint Innovation and WMG, University of Warwick ("WMG"), supported by funding from the Department for Business and Trade ("DBT"), to accelerate UK lithium-ion ("Li-ion") battery recycling innovation. 50% of the £8.1m funding is funded by Department for Business and Trade ("DBT")