<PAGE> 1
Filed pursuant to Rule 424(b)(3)
Registration Statement File No. 333-10949
SUPPLEMENT NO. 1 DATED FEBRUARY 18, 1997
TO
PROSPECTUS DATED DECEMBER 10, 1996
FOR MOLTEN METAL TECHNOLOGY, INC.
5 1/2% CONVERTIBLE SUBORDINATED NOTES DUE 2006
Since the date of the Prospectus, additional holders of the 5 1/2%
Convertible Subordinated Notes due 2006 (the "Notes") of Molten Metal
Technology, Inc. have requested that they be listed in the Selling Holders
section of the Prospectus. Accordingly, the Prospectus is revised to include
the following holders of Notes in the Selling Holders section thereof.
<TABLE>
<CAPTION>
Principal Amount of Number of
Notes Shares of
Beneficially Owned Common Stock
Selling Holder and Offered Hereby Beneficially Owned (1)
- -------------- ------------------ ------------------
<S> <C> <C>
Lazard Freres & Co., LLC.................... $6,460,000 --
Winchester Convertible Plus, Ltd. .......... 750,000 --
Hughes Aircraft Company Master Retirement
Trust .................................... 565,000 --
Foundation Account No. 1 ................... 250,000 --
- ----------
<FN>
(1) Does not include shares of Common Stock issuable upon conversion of Notes.
</TABLE>
As a result of the addition of the Notes offered by the Selling Holders
listed above, the total principal amount of Notes beneficially owned and
offered by the Selling Holders is increased to $108,315,000.
