Strategic Shift to OTCQX: Reckitt Benckiser and Metallium Tap into U.S. Investor Capital

The global race to secure U.S. investor capital is intensifying, and two international firms—Reckitt Benckiser Group Plc and MTM Critical Metals (now Metallium)—are among the latest to pivot toward the OTCQX Best Market. This move underscores a strategic pivot for multinational corporations seeking to deepen their ties with American investors without the costs or scrutiny of a full stock exchange listing.

Both companies have made their transitions in 2025: Reckitt Benckiser upgraded from the Pink market to OTCQX on July 10, 2025, while Metallium (formerly MTM Critical Metals) moved from the OTCQB to OTCQX in December 2024. Their journeys highlight the evolving landscape of cross-border capital markets, where OTCQX is emerging as a critical bridge between global firms and U.S. liquidity.

Reckitt Benckiser: A Household Name Goes Global

Reckitt Benckiser, the British consumer goods giant behind Dettol, Lysol, and Mucinex, upgraded to OTCQX on July 10, 2025, trading under the symbols RBGLY and RBGPF. The move, announced via a press release distributed by GLOBE NEWSWIRE, positions the company to attract U.S. institutional and retail investors while maintaining its European headquarters.

The strategic rationale is clear: OTCQX offers transparency and credibility without the overhead of a full NYSE or Nasdaq listing. To qualify, Reckitt had to meet stringent criteria, including robust financial reporting, corporate governance, and regulatory compliance. This upgrade not only enhances investor access but also signals confidence in its ability to navigate a post-pandemic consumer landscape.

Metallium: Building a Critical Metals Play for the Green Economy

Metallium, rebranded to reflect its pivot from a mining-focused firm to a sustainable industrial technology leader, has been on a parallel trajectory. Having moved to OTCQX in December 2024 under the ticker MTMCF, it is now leveraging the platform to fund its expansion, including a Flash Joule Heating facility in Texas aimed at recovering critical metals like gallium and rare earths.

The company's focus on low-carbon metal recovery aligns with the U.S. government's push for domestic supply chains in strategic materials. Metallium's potential introduction of a Level I ADR program—a move it is actively evaluating—could further simplify access for U.S. investors, enabling trading in dollars through domestic brokerage accounts.

Why OTCQX Matters: The Middle Ground for Global Firms

For international companies, OTCQX offers a middle ground between the obscurity of over-the-counter markets and the high costs of a stock exchange listing. Its requirements—strict financial disclosures, governance standards, and regulatory compliance—create a “lite” version of exchange-level credibility.

This is particularly advantageous for firms like Reckitt and Metallium, which may lack the scale or appetite for a full IPO but still need to attract U.S. capital. OTCQX also avoids the volatility and liquidity risks of smaller markets, offering real-time quotes and settlement in U.S. dollars.

Risks and Considerations for Investors

While OTCQX provides benefits, risks remain. Liquidity may still lag behind major exchanges, and geopolitical shifts—such as trade restrictions or regulatory changes—could disrupt supply chains for Metallium. Meanwhile, Reckitt faces the eternal challenge of maintaining market share in a commoditized consumer goods sector.

Investment Implications

• Reckitt Benckiser: A defensive play for investors seeking stability. Its diversified portfolio and adherence to OTCQX standards reduce risk, making it a “buy and hold” option.
• Metallium: A higher-risk, higher-reward bet aligned with the energy transition. Investors should consider its ADR potential and the strategic importance of critical metals to U.S. manufacturing.

For both, diversification is key. Reckitt's household brands offer a floor, while Metallium's growth hinges on executing its Texas facility and supply chain partnerships.

Conclusion

The moves by Reckitt and Metallium to OTCQX reflect a strategic evolution in global capital markets. For investors, these listings offer entry points into established brands and emerging technologies without the risks of unlisted securities. As the OTCQX continues to grow, it may well become the preferred route for international firms seeking U.S. capital—without the full plunge into Wall Street's spotlight.

In a world where capital flows increasingly favor transparency and sustainability, these companies are betting that OTCQX's middle path will pay off. The question now is whether U.S. investors will follow.