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) reported progress on its acceleration plan at the Tanbreez Rare Earth Project in Greenland.
Infrastructure footings for the pilot plant headquarters and facilities are underway, camp construction near Qaqortoq International Airport continues, additional drill rigs are ready for deployment, and bulk sample preparations have begun to supply pilot plant metallurgical testing.
Critical Metals (Nasdaq: CRML) signed a 15-year binding offtake agreement with REalloys (Nasdaq: ALOY) for rare earth concentrate from the Tanbreez Project in Southern Greenland. REalloys will purchase 15% of annual production, with priority rights on dysprosium- and terbium-rich concentrate and a Right of First Refusal on extra volumes.
The deal follows approval for Critical Metals to increase Tanbreez ownership to 92.5%, includes two additional five-year extension options, and aligns with 2027 U.S. defense procurement restrictions seeking non‑Chinese rare earth supply.
Critical Metals (Nasdaq: CRML) signed a binding Scheme Implementation Deed to acquire all shares and listed options of European Lithium (ASX: EUR) via two Australian schemes of arrangement.
The deal aims to consolidate 100% of the Tanbreez rare earth project, reduce cross‑shareholdings, increase CRML’s public float, and combine cash balances of about US$343 million, subject to conditions including European Lithium shareholder approval, minimum AUD$330 million net cash and required regulatory and court approvals, with completion targeted for the second half of 2026.
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.
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.