Technology Minerals PLC, a UK-listed company focused on creating a sustainable circular economy for battery metals, reported its interim results for the six months to 31 December 2025. The company highlighted several key achievements, including identifying potential multi-commodity targets at its Cameroon project, progressing with rare earth element recovery from industrial by-products in the UK, and strengthening its strategic positioning through proposed board appointments.
Recyclus Group Ltd, a 48.35% owned subsidiary, achieved significant commercial and operational progress, with increased production, strong revenue growth, and its first months of positive cash flow in July and August 2025. Recyclus also secured a £1.1 million loan from Close Brothers and joined a consortium with Jaguar Land Rover and others to advance UK lithium-ion battery recycling innovation.
Post-period highlights include board appointments, a £350,000 fundraise, amended loan terms with Recyclus, and a crowdfunding campaign by Recyclus at a £30 million pre-money valuation. The company remains focused on disciplined execution and long-term value creation, despite a temporary suspension of trading pending the publication of its Annual Report and Accounts.