Technology Minerals Plc
TM1.L
London Stock Exchange0.09
GBp
+0.00
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Technology Minerals Plc
TM1.L
(London Stock Exchange)
Recent
price
0.09
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ratio
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div
yld
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ROIC.AI
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- Technology Minerals Plc (TM1.L) is a UK-based mining exploration and battery metals company focused on developing a sustainable circular economy for critical materials including cobalt, lithium, nickel, manganese, copper and rare earths required for lithium-ion batteries. Incorporated in 2021 and headquartered at 18 Savile Row, London, the company pursues a project incubator strategy through subsidiaries such as Emperium 1 Holdings Corp, Onshore Energy Limited, LRH Resources Limited and Techmin Limited; it holds interests in exploration projects spanning Ireland (lithium via fifteen prospecting licenses covering 477 sq km at the Leinster Lithium Project), northern Spain (nickel-copper-cobalt via eight permits totaling 535 sq km in the Asturias region's Asturmet Project), Cameroon (nickel-copper-cobalt laterite across five permits totaling 2,456 sq km at the Technology Minerals Cameroon project), the United States (cobalt-copper in the Idaho Cobalt Belt via 90% interest in 17,075 acres at Emperium and 20% at Blackbird, plus a residual 15% in manganese-rare earths in South Dakota), and battery recycling operations. Its 48.35%-owned Recyclus Group Ltd provides industrial-scale lithium-ion and lead-acid battery recycling services, processing multiple battery chemistries into black mass for reuse; Recyclus offers proprietary solutions including LiBox storage for lithium-ion waste and operates facilities such as a discharge and dismantle unit, Tipton lithium-ion plant (achieving up to 45% black mass recycling rate) and sites in Wolverhampton. Recent developments include Recyclus securing £8.1m in collaborative funding (50% from the UK Department for Business and Trade via the Advanced Propulsion Centre) as part of a consortium with Mint Innovation, Jaguar Land Rover and WMG University of Warwick to scale low-carbon hydrometallurgical black mass refining for electric vehicle supply chains (July 2025); Recyclus achieving its first monthly positive cash flow in July 2025 alongside substantial year-on-year revenue growth from black mass sales and client expansion; a £5.5m convertible bond facility with Atlas Capital Markets to support operations; progression toward acquiring the remaining Recyclus equity (pending FCA prospectus approval); commissioning of commercial lithium-ion and lead-acid recycling plants; UN certification for Halo battery boxes; commencement of trenching, assay sampling and community consultations at key projects including Knockeen (Ireland) and Cameroon; and identification of multi-commodity targets including rare earths at the Cameroon project.