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.
Almonty Industries (ALM) received final operational certification for its Sangdong processing plant, making Phase I commercially operational in South Korea. Certificates were issued September 17, 2026, following trial operations begun in June. Its GTP offtake totals 4,410,000 metric tonne units.
Western Star Resources (WSR) identified two White Star tungsten-in-soil anomalies, completing 568 samples across two Nevada properties. It plans further sampling and drill targeting; Nevada drilling is not yet permitted or scheduled. Materion (MTRN) reported second-quarter 2026 sales of $613.9 million and raised full-year adjusted earnings-per-share guidance to $6.80–$7.20. Trekor Metals (TGB) outlined planned Aley niobium production backed by proven and probable reserves. Critical Metals (CRML) reported more than 99% dissolution of Tanbreez eudialyte concentrate; its refinery study projects approximately US$1.85 billion in capital costs, plus or minus 25%.
Critical Metals Corp (CRML) outlined mine-to-metals plans for the Tanbreez rare earth project, including breakthrough test work achieving >99% dissolution of eudialyte concentrate into 19 ultra-high-purity rare earth products and a proposed Romanian joint venture refinery expected to receive 50% of concentrate output.
The planned CRML Romania refinery is being designed to process up to 100,000 tons per year of eudialyte concentrate and, based on current modelling, to produce about 27,943 tons per year of rare earth and critical metal products, plus 25,670 tons per year of high-purity SiO2. The silica by-product is modelled to generate roughly US$600 million in annual revenue and, together with reduced acid use, contribute US$400–600 million per year in combined value. Preliminary estimates indicate refinery CAPEX of about US$1.85 billion, projected annual revenue of about US$2.2 billion, an NPV10 of about US$4.5 billion, an IRR of about 55% and a payback period of roughly two years, all subject to further engineering, test work, permitting and final investment decisions.
Critical Metals Corp (CRML) reports that its proposed acquisition of 100% of European Lithium’s shares and listed options has advanced after court orders on 15 September 2026 directed European Lithium to convene shareholder and optionholder meetings to vote on the schemes of arrangement.
The Supreme Court of Western Australia also approved dispatch of a Scheme Booklet, which has been registered with ASIC and is expected to be sent to European Lithium securityholders on or around 22 September 2026. The general meeting and scheme meetings are scheduled for 22 October 2026 in West Leederville, Western Australia. Subject to securityholder approval, further court approval and satisfaction or waiver of remaining conditions, the schemes are expected to be implemented in November 2026, with all dates remaining indicative and subject to the court process.
Critical Metals Corp (Nasdaq: CRML) has provided an update on its proposed acquisition of European Lithium, under which Critical Metals Corp would acquire 100% of European Lithium’s issued share capital and all listed options via Court-approved schemes of arrangement (the Share Scheme and Option Scheme).
European Lithium lodged a draft Scheme Booklet with ASIC on August 26, 2026, and the first Court hearing before the Supreme Court of Western Australia is scheduled for 9:15am (AWST) on September 15, 2026. Subject to Court orders, Scheme Meetings for shareholders and optionholders, plus a related general meeting, are expected in mid-October 2026. If all remaining conditions precedent, including securityholder and Court approvals, are satisfied or waived, the Schemes are expected to be implemented in early November 2026, with all dates remaining indicative.
Critical Metals Corp (Nasdaq: CRML) updated terms of its proposed acquisition of European Lithium, amending the exchange ratio in the Scheme Implementation Deed. The prior fixed ratio of 0.035 New CRML shares per European Lithium share is replaced by a floating ratio linked to the 20‑day CRML Nasdaq VWAP before the scheme meeting.
If the Scheme VWAP is at or below US$8.00, European Lithium securityholders would receive the maximum of 0.045 New CRML shares; if at or above US$16.00, they receive the minimum of 0.025 shares. Between these prices, the ratio adjusts linearly. According to the company, this structure shares CRML share price movements between both sets of securityholders and limits short‑term volatility via a cap and collar. Based on the latest 20‑day VWAP (less than US$8.00), the indicative ratio would currently be 0.045 and will also apply to European Lithium listed options and performance rights. All other material scheme terms, conditions and the strategic rationale remain unchanged, with implementation targeted for October 2026, subject to approvals.
Critical Metals Corp (Nasdaq: CRML) announced that the Mrima Earth Limited Consortium, led by the Company, has been shortlisted as one of three American finalists from seven initial bidders in the Government of Kenya’s final tender round to develop the Mrima Hill rare earth and niobium project in Kwale County.
Mrima Hill is described as one of the world’s most significant undeveloped rare earth and niobium deposits, strategically located with access to the Port of Mombasa and complementing Critical Metals’ Tanbreez project in Greenland. According to Critical Metals, the Consortium and major shareholder European Lithium have a combined market capitalization of about US$1.5 billion and cash reserves exceeding US$400 million, which the Company says is sufficient to fund project development and Phase 1 construction. The Consortium proposes an accelerated development approach, full value-chain ambitions up to NdPr magnet production, and adherence to IFC Performance Standards, the Equator Principles and the UN Global Compact, and will now focus on the Kenyan Government’s final evaluation stage.
Critical Metals Corp (NASDAQ: CRML) announced that journalists and other readers should disregard an earlier news release titled “Critical Metals Corp Advances to Final Round of Kenya Government Tender for the World-Class Mrima Hill Rare Earth and Niobium Project,” which was issued on July 21, 2026 over GlobeNewswire.
Critical Metals Corp (Nasdaq: CRML) announced that the Mrima Earth Limited Consortium, led by the company, has been shortlisted as one of only three finalist bidders in the Government of Kenya’s competitive tender for the right to develop the Mrima Hill rare earth and niobium project in Kwale County.
Mrima Hill is described as one of the most significant undeveloped rare earth and niobium deposits globally, with direct access to the Port of Mombasa. According to Critical Metals Corp, the Consortium and major shareholder European Lithium together have a combined market capitalization of approximately US$1.5 billion and cash reserves exceeding US$400 million, which the company says fully fund project development and Phase 1 construction. The Consortium plans an accelerated development strategy and a full value-chain vision from concentrate to NdPr magnets, supported by a technical team with experience on projects such as Mountain Pass, Longonjo, Elk Creek and Ngualla. Further updates will follow as the Kenyan tender’s final stage progresses.
Critical Metals Corp (Nasdaq: CRML) has begun a strategic review of non-core assets, appointing Clear Street as financial advisor and White & Case as legal counsel.
The process aims to accelerate development of the flagship Tanbreez rare earth project in Greenland and explore spin-offs, asset sales, joint ventures, partnerships, or other transactions to monetize legacy and non-core holdings. The company warns there is no assurance any specific deal will occur and plans further updates only if the board approves a transaction or concludes the review.
Critical Metals Corp (Nasdaq: CRML) and European Lithium signed an amendment to their Scheme Implementation Deed for Critical Metals’ proposed acquisition of European Lithium.
The changes adjust implementation mechanics, introduce a sale facility for small holders, remove the CDI structure, and keep consideration, key conditions and strategic rationale unchanged. Completion is currently targeted for September 2026, with European Lithium shareholders expected to own about 41% of the combined company.