Momentum Technologies CEO Testifies Before Congress on Critical Minerals Processing Solutions to Strengthen American Energy Independence
Momentum Technologies (“Momentum”), a company revolutionizing critical mineral and metal recovery for key industries, today announced that Chief Executive Officer Mahesh Konduru testified today before the U.S. House Committee on Natural Resources, Subcommittee on Oversight and Investigations, presenting the company's innovative processing technology as a solution to America's critical minerals supply chain vulnerability.
Momentum Technologies Expands Platform to Support National Supply Chain for Rare Earth Elements
Momentum Technologies (“Momentum”), a company revolutionizing critical mineral and metal recovery for reuse, today announced that its Carrollton, Texas demonstration plant has commenced the processing of rare earth element (“REE”) waste from magnet swarf and mining tailings at commercial scale using its proprietary Membrane Solvent Extraction (MSX) technology. MSX is being applied to expand U.S. domestic supply of neodymium, praseodymium, dysprosium and other high-value REEs critical to permanent magnets. The Carrollton facility marks a key milestone in Momentum’s strategy to scale REE recovery, with planned future expansions aimed at strengthening the U.S. supply chain for rare earths and other critical minerals.
Momentum Technologies Exceeds Performance Targets, Delivering Commercial-Grade Battery Materials at Scale
Momentum Technologies ("Momentum"), a company revolutionizing critical mineral and metal recovery for reuse, today announced it has successfully proven its ability to deliver commercial-quality battery materials at scale. The company's state-of-the-art demonstration unit in Carrollton, Texas has achieved commercial-grade purity and yield within the first year of the facility's opening, marking a critical milestone in the company's scale-up journey from pilot-scale operations to full commercial readiness.
