Welcome to our dedicated page for Critical Metals news (Ticker: CRML), a resource for investors and traders seeking the latest updates and insights on Critical Metals stock.
Critical Metals Corp. news covers developments tied to its critical minerals project portfolio, especially the Tanbreez rare earth project in Southern Greenland and the company’s capital structure. Recurring updates include Tanbreez ownership, rare earth concentrate and processing arrangements, share issuances, material agreements, shareholder voting matters, and operating and financial results.
Company-related coverage also places CRML within broader critical minerals and rare earth supply-chain discussions, including demand for heavy rare earth elements used in defense, clean energy, and advanced technology applications.
Critical Metals Corp (Nasdaq: CRML) highlighted forecasts of nearly 70% global hafnium demand growth by 2030, driven by aerospace, semiconductors, AI data centers, and nuclear uses.
The Tanbreez Project in Greenland is expected to yield at least 130,000 tons of concentrate annually by 2030, while a proposed Romanian refinery could produce about 120–150 tons of hafnium per year. Current global hafnium production is estimated at only 70–75 tonnes annually, with China supplying about 75%. High‑purity hafnium prices are reportedly US$13–15 million per ton, and market participants see a roughly 20‑ton annual supply shortfall for critical applications.
Critical Metals Corp (Nasdaq: CRML) announced it agreed with European Lithium (ASX: EUR) to extend the exclusivity period after completing mutual due diligence, to finalise a binding scheme implementation deed (SID).
Under the proposed transaction, EUR shareholders would receive 0.035 new CRML shares per EUR share, and EUR listed optionholders would receive CRML shares reflecting the in‑the‑money value of their options on a cashless exercise basis. The parties say transaction terms remain unchanged from the non‑binding indicative offer dated 27 April 2026.
Critical Metals Corp (NASDAQ: CRML) received formal Government of Greenland approval to acquire 70% of 60° North ApS, including indirect title to the referenced land and asset portfolio. The approval satisfies a key closing condition from the March 23, 2026 transaction and advances Tanbreez development.
Strategic highlights include enhanced in-country capabilities, direct access to Arctic logistics and field services, and expected near-term finalization to strengthen the company’s position in southern Greenland at the Tanbreez project.
Western Star Resources (CSE: WSR; OTC: WSRIF) filed a submission to the U.S. Defense Industrial Base Consortium (DIBC) on tungsten supply and plans a maiden drill program at its past-producing Rowland tungsten property in Jarbidge, Nevada during 2026. The company announced a €200,000 European marketing agreement and a $500,000 flow-through private placement earmarked for Canadian exploration expenses. The release frames these moves against Rotterdam APT near US$3,185/MTU, Chinese export limits to 15 firms, and a Jan 1, 2027 U.S. procurement restriction on Chinese/Russian/Iranian/North Korean tungsten.
Greenland Mines (NASDAQ:GRML) advanced its Skaergaard palladium-gold-platinum project with three major technical steps in five weeks: appointment of SLR as geological consultant and QP, a framework agreement with GTK Mintec for metallurgical pilot work, and a non-binding Iceland LOI targeting power below $0.03/kWh and life-of-mine savings >$1 billion. The 2022 NI 43-101 shows a 25.4 Moz palladium-equivalent and 23.5 Moz gold-equivalent Indicated+Inferred resource, with an in-situ value ~$68 billion at Feb 2026 prices. Near-term catalysts include the summer 2026 field program and GTK pilot results.
Critical Metals Corp (Nasdaq: CRML) closed the transfer of the remaining 50.5% interest in Tanbreez Mining Greenland A/S on April 30, 2026, bringing its total ownership to 92.5%. The company issued 14,500,000 ordinary shares in connection with the closing.
Critical Metals announced a non-binding letter of intent to acquire European Lithium Ltd (ASX: EUR) to consolidate the remaining 7.5% interest; completion is not guaranteed. Tanbreez is described as a large heavy rare earth deposit in Southern Greenland; the company says it will focus on advancing Tanbreez to production and building a Western-aligned supply chain for heavy rare earth elements.
Wall Street is focusing on North American rare earth supply chains as companies race to process and manufacture magnets domestically ahead of a Jan 1, 2027 ban on Chinese-origin NdFeB magnets in U.S. defense systems. Key developments include REalloys' Ohio metallization buildout (Phase 1 operational 2027; $50 million dedicated), a Clear Street Buy with a $35 target on REalloys, Energy Fuels' domestic NdPr oxide production by early 2026, and USA Rare Earth's $1.6 billion U.S. government funding to scale Round Top and a Stillwater magnet plant.
Critical Metals (Nasdaq: CRML) announced a proposed acquisition of European Lithium (ASX: EUR) via a letter of intent, offering 0.035 CRML shares per EUR share, implying aggregate consideration of approximately US$835 million based on 22-Apr-2026 measurements. The proposal contemplates cancellation of EUR’s 45,536,338 cross-holding CRML shares (~34%) and would consolidate EUR’s 7.5% Tanbreez stake into 100% CRML ownership. EUR cash was ~AUD$306 million (~US$219 million) as of 31-Mar-2026; CRML cash ~US$124 million. Completion is expected in H2 2026 and remains subject to definitive agreements, shareholder, court and regulatory approvals and specified cash and option-holder conditions.
Critical Metals Corp (Nasdaq: CRML) announced a private placement of 5,999,998 ordinary shares at $10.00 per share, expected to generate ~$60 million gross proceeds before expenses. The offering is expected to close on or about April 22, 2026.
The company intends to use net proceeds for working capital, including continued development of the Tanbreez Project. Clear Street LLC is sole placement agent and White & Case LLP is legal counsel.
Critical Metals Corp (Nasdaq: CRML) announced on April 20, 2026 that Thomas “TYT” Mogensen has been appointed CEO of Tanbreez Mining A/S.
Mogensen brings 20+ years in Greenland and the Nordics, led a turnaround from DKK 88 million loss to DKK 28 million profit, and previously grew turnover by ~200%.