Critical Metals Corp Stock Price, News & Analysis

Critical Metals Corp (NASDAQ:CRML) has announced the formation of a new Advisory Board to support its Board of Directors and executive management team. The company has appointed two key members: Christian Aramayo, who brings over 20 years of international mining experience, and Mathew August, with 15+ years in defense, technology, and natural resources investment expertise.

The Advisory Board will help guide the development of CRML's critical minerals projects, including the Tanbreez rare earth project in Greenland and the Wolfsberg lithium asset in Europe. Aramayo will focus on project development consultation, while August will support US Capital Markets and Department of Defense Relations.

Critical Metals Corp (NASDAQ:CRML) has launched a significant 2,000-meter resource diamond drilling program at its Tanbreez Rare Earth Project in Greenland. The program aims to substantially expand the current Mineral Resource Estimate (MRE) of the Fjord Eudialyte Deposit, which currently stands at 22.56Mt (8.76Mt indicated and 13.8Mt inferred).

The first drill hole, K25-01, has reached approximately 60m depth, showing medium-grained eudialyte with 30-40% composition. The resource drilling targets a 700m extension to the east of the existing Fjord Deposit and 650m along strike. The Company expects to complete its Bankable Feasibility Study (BFS) and regulatory reports by Q4 2025, with commercial production anticipated in 2026.

Critical Metals Corp (NASDAQ: CRML) has signed a $2 million diamond drilling contract with 60 Degree North Greenland for its Tanbreez Project. The program aims to expand the resource size at the Fjord Maiden Resource area through infill and extension drilling. The drilling will target resources extending 700m and 650m along strike of the North-East to South-West kakortokite host rock, with vertical drill holes ranging from 80m to 250m in depth. This initiative follows a recent $120 million non-dilutive funding LOI from EXIM Bank. The drilling program will help finalize pit design and enhance the upcoming definitive feasibility study, scheduled for completion by end of 2025.

Critical Metals Corp (NASDAQ: CRML) has secured a Letter of Interest from EXIM Bank for a $120 million non-dilutive funding package with a 15-year term. The funding will support the development of the Tanbreez Project in Greenland, one of the world's largest rare earth deposits. The project requires $290 million in total capital expenditure and is expected to produce 85,000 metric tons of rare earth material annually at initial commercial production. The company plans to complete a definitive feasibility study by end of 2025 and invest $10 million in exploration to increase its ownership to 92.5%. The funding comes through EXIM's Supply Chain Resiliency Initiative under the China and Transformational Exports Program, aimed at countering China's dominance in rare earth supply chains.

Critical Metals Corp (NASDAQ: CRML) has announced significant diamond drill hole results from its Tanbreez Project in Greenland, revealing high-grade rare earth elements (REE). The results from eleven deep drill holes show weighted average grades of 0.43% TREO with 28% HREO plus 1.44% ZrO2. The company aims to double its current Maiden Resource Estimate from 225MT to a 500MT exploration target. The current MRE stands at ~45MT at 0.38% TREO for the eudialyte component and 180MT for industrial mineral by-products. The project shows robust economics with an NPV of US$2.4-3.0 billion and an IRR of 180% before tax. CRML holds 42% interest with the right to increase to 92.5%. The company is preparing for its 2025 drilling campaign and is currently re-assaying historical samples for confirmation.

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 reported exceptional drilling results from its Tanbreez Project in Greenland. The results show consistent high-grade Total Rare Earth Oxide (TREO) averaging 0.48% with significant Heavy Rare Earth Oxide (HREO) content of 27%. The company's current Maiden Resource stands at 45MT with an NPV of US$2.4-3.0 billion and an IRR of 162% before tax. CRML plans to increase its ownership stake from 42% to 92.5% by Q4 2025. The company has submitted applications for 2025 resource drilling programs targeting the Fjord Deposit (23 MT) and Hill Zone Deposit (22.6 MT). Deep diamond drill holes revealed consistent mineralization, with additional valuable elements including zirconium oxide, tantalum pentoxide, niobium pentoxide, and gallium oxide. The vast Kakortokite host rock of approximately 4.7 BT contains the Maiden 45MT Mineral Resource Estimate.

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.