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) has announced the exercise of warrants resulting in gross proceeds of $2 million. The transaction involved 400,000 ordinary shares at an exercise price of $5.00 per warrant. As part of the agreement, contractual restrictions were removed from an additional 1,200,000 ordinary shares that were previously subject to forfeiture.
The company plans to utilize the proceeds to advance development strategies for its critical mineral projects, specifically the Tanbreez Project in Greenland and the Wolfsberg Project in Austria. The warrants were originally issued during the company's initial Nasdaq listing and were exercised under Securities Act Section 4(a)(2) exemption.
Critical Metals Corp (NASDAQ: CRML) has released compelling historical and recent deep diamond drill results from its Tanbreez Project in Greenland. The results show consistent high-grade rare earth elements (REE) mineralization across multiple drill holes, with total rare earth oxides (TREO) averaging between 0.42-0.47% and heavy rare earth oxides (HREO) of 24-28%. Key drill holes DX-02 and D306-13 reached depths of 195m and 328m respectively, suggesting significant mineralization potential beyond the current 45MT Maiden Mineral Resource.
The project's Preliminary Economic Assessment demonstrates robust economics with an NPV of $2.8-3.6 billion (at 15% and 12.5% discount rates) and an IRR of 180% before tax. The company plans to extend drilling programs in 2025 to potentially increase the current resource estimate, with low uranium and thorium levels (below 80ppm) and notable gallium oxide content averaging 98-102ppm.
Critical Metals Corp (NASDAQ: CRML) has announced key executive appointments to strengthen its leadership team. The company named Sergey Savchenko as CFO, George Karageorge as CTO, Thomas McNamara as Director of Corporate Development & IR, and John Thomas as General Counsel. All executives will report to CEO Tony Sage.
The company also disclosed issuing 5 million ordinary shares to Rimbal Pty Ltd related to the Tanbreez project acquisition. Additionally, major shareholders European Lithium and Rimbal, who collectively own 81% of the company, agreed to a 180-day lockup period for open market sales. The Board approved RSU grants of approximately 1.8 million shares to directors, vesting in one year.
Critical Metals Corp (Nasdaq: CRML) has announced the publication of a new investor presentation on their investor relations website. The presentation, released on April 23, 2025, is now accessible to investors, analysts, and other stakeholders through the company's website at criticalmetalscorp.com.
Critical Metals Corp (NASDAQ: CRML) has released a Preliminary Economic Assessment (PEA) for its Tanbreez Project in Southern Greenland, revealing a Net Present Value of approximately $3 billion with an Internal Rate of Return of 180%. The assessment, conducted by Agricola Mining Consultants, is based on just 1% of the project's 4.7 billion metric ton host rock.
The initial Mineral Resource Estimate comprises 44.97 million metric tons of rare earth materials. The project features a phased growth strategy with initial production of 85,000 tpa REO, scalable to 425,000 tpa. Key advantages include an exploitation license through 2050, strategic coastal location with deep-water access, and positioning as a Western supply chain partner for US/EU critical mineral sectors.
Critical Metals currently holds 42% equity in Tanbreez and plans to invest $10 million in exploration by end-2025. Upon completion, the company will have the option to acquire an additional 50.5% stake by issuing shares valued at $116 million, potentially increasing its ownership to 92.5%.
Critical Metals Corp (NASDAQ: CRML) has released historical drilling results from its Tanbreez Rare Earth Project in Southern Greenland, revealing significant high-grade mineralization. The results from deep diamond drill holes show exceptional rare earth content:
- Drill hole DX-01 (338m depth): 0.42% TREO with 24.45% heavy rare earths, including 102ppm gallium oxide
- Drill hole D7-14 (243m depth): 0.44% TREO with 28% heavy rare earths
- Recent drill hole A1-24 (40m depth): 0.47% TREO with 26.96% heavy rare earths
The company currently holds a 42.5% interest in Tanbreez, expected to increase to 92.5% after a $10M investment and $116M in share issuance. The project's maiden SK1300 report indicates 45MT of resources (19.5MT inferred, 25.4MT indicated) containing 0.38% TREO. A Preliminary Economic Assessment is due in Q2 2025.