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Critical Metals Corp (Nasdaq: CRML) announced the Austrian government has renewed the Wolfsberg mining license for an additional two years. Management said a decision to commence mining will be made by the end of 2026, subject to robust lithium prices and available financing. The company noted meetings with partner Obeikan to frame that decision. The release highlights strong lithium price recovery—battery-grade lithium carbonate and spodumene gains—and says improved market dynamics and demand support project financing interest for Wolfsberg.
Critical Metals Corp (Nasdaq: CRML) appointed a Project Delivery Team to fast-track its Tanbreez rare earth project, naming experienced mining, processing, geology, and engineering leaders. The team is advancing final engineering and design and, subject to Greenland government approvals, construction activities for a Tanbreez pilot plant are underway.
Critical Metals Corp (NASDAQ: CRML) will deploy a fully autonomous Nexus 20 communications tower and integrated drone system at its Tanbreez rare earth project in Greenland, with deployment scheduled for May 2026. The Nexus 20 is custom-engineered for Arctic conditions and will provide continuous radio and emergency communications, 360-degree optical surveillance, and an autonomous drone remotely operated from Perth for real-time imaging and geological reconnaissance. Critical Metals will also receive a fully integrated medical, emergency, and accommodation site package fabricated in Thailand to support remote field teams. The system is intended to improve operational safety, accelerate exploration, and increase transparency for investors.
Critical Metals Corp (Nasdaq: CRML) will host a business update webcast and conference call at 8:00 AM ET on Thursday, January 22, 2026. Management will present a corporate update and take questions. Interested parties can listen live via the company Events page at https://www.criticalmetalscorp.com/ or join by phone at (877) 407-4018 (U.S.) or (201) 689-8471 (international). An archived replay of the webcast will be available shortly after the event concludes.
Critical Metals Corp (NASDAQ: CRML) executed a non-binding term sheet for a 50/50 joint venture with Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers to develop, finance, construct, and operate a rare earth processing facility in Saudi Arabia valued up to $1,500,000,000. The JV framework includes long-term offtake for 25% of Tanbreez rare earth concentrate for the life of mine, and with prior agreements now allocates 100% of Tanbreez production under long-term offtake. CRML will retain a 50% carried interest with no equity issuance or debt obligations for JV construction. Parties will finalize technical, commercial, and regulatory terms over coming months, and finished materials are planned to be sent to the United States for defense-related uses.
Critical Metals Corp (NASDAQ: CRML) reported first assay results from its 2025 drilling program at the Tanbreez Rare Earths Project (Fjord and Upper Fjord areas) on Jan 14, 2026. The company completed a 3,430-metre 2025 program (20 holes) and reported assays for 13 holes to date showing TREO+Y grades of ~0.35%–0.77% with HREO ~25%–29%. Results confirm lateral and vertical continuity, strategic associated metals (gallium ~100 ppm, hafnium ~300 ppm, cerium ~1,600 ppm) and an Upper Fjord extension of at least 1.0 km and >200 m true thickness. Remaining assays are pending and will feed resource updates and mine planning.
Critical Metals Corp (NASDAQ: CRML) ordered a turnkey Integrated Mobile Geochemical Analysis Centre from Bromet for approximately US$1m to support the Tanbreez rare earth elements project and pilot plant activities.
The modular, two-unit facility uses a Bruker M4 Tornado Plus 26S Micro XRF and automated sample prep to generate full REE results in ~80 minutes, enabling an on-site "mine-to-data" workflow, reduced reliance on off-site labs, faster assay turnaround, and local training of Greenlandic personnel. Commissioning will require applicable Greenland regulatory approvals.
Critical Metals Corp (NASDAQ: CRML) has approved and started construction of an Arctic-grade multi-use building in Qaqortoq, Greenland to support the Tanbreez rare earths project. The works are under a full turnkey contract with 60° North Greenland covering design, permitting, logistics, construction and commissioning.
The facility (~80m x 20m, 10m clear height) is divided into three sections with mezzanines for offices and is engineered for Arctic conditions. The pilot-plant section is scheduled to be ready for use on or before May 2026. The company also purchased a residential property in Qaqortoq for a local office.
Critical Metals Corp (Nasdaq: CRML) reported final results from its 2024 Tanbreez Fjord drilling program in Greenland on Dec 15, 2025. Drilling (13 holes, 1,149.5 m) returned consistent mineralisation from surface with TREO 0.39%–0.54% (weighted average 0.44%) and a stable HREO share ~25–27%. Notable multi‑commodity values include ZrO2 1.55–1.97%, CeO2 ~1,638 ppm, Nb2O5 ~1,396 ppm, Ga2O5 ~96–103 ppm and HfO2 ~312–484 ppm. A long 203.2 m intersection (K-24) and multiple >40–200 m true widths support lateral and vertical continuity. Results will inform a revised Mineral Resource Estimate once pending 2025 assays are received.
Critical Metals Corp (Nasdaq: CRML) confirmed 2025 metallurgical test work at Fremantle successfully replicated the 2016 AMTEC/ALS results under independent review by Professor Tony Tang.
The program validated a dry magnetic separation flowsheet and a new high-intensity magnetic circuit (>12,000 gauss), produced an ultra-clean eudialyte concentrate and a secondary mixed TREEs concentrate, and completed independent elemental analyses.
Critical Metals acquired a 300–500 kg/hr Proof-of-Concept Pilot Plant for ~$2 million, targets commissioning in Q2 2026, plans weekly 10-ton eudialyte batches from mid-2026, and will feed design for a 50:50 JV with Nuclearelectrica to build a Romanian refinery.