CRML Secures One of the Largest Strategic Stockpiles of Ultra-High-Purity Copper Powder in a US$20M All-Share Acquisition Issued at a 40% Premium to Market

Core Viewpoint - Critical Metals Corp. has acquired a significant stockpile of ultra-high-purity copper powder for $20 million, enhancing its role as a supplier in defense, aerospace, and advanced technology sectors [1][2][4]. Acquisition Details - The acquisition involves an all-share transaction at a 40% premium to the previous closing price, providing exclusive access to a traceable supply chain of UHP copper powder [2][5]. - The company will issue 2 million ordinary shares at $10 per share for 40 kilograms of UHP 99.96% pure copper powder, which is valued between $1,500 to $2,500 per gram [5]. Strategic Importance - This acquisition secures a G7/EU-origin resource, enhancing Western industrial resilience and providing reliable access to critical materials for military and advanced manufacturing applications [3][4]. - The integration of this asset supports customer R&D and production for complex systems while advancing the company's rare earth business [3][4]. Market Context - Historically, the supply of UHP copper powder has been dominated by Russia and China, making this acquisition strategically significant for Western supply chains [3]. - Analysts project a 7-8% annual growth in global demand for UHP copper powder, driven by its essential role in high-value components alongside rare earth elements [6]. Applications - UHP copper powder is crucial in various sectors, including defense (high-density electronics, satellites), advanced energy (solid-state batteries), and high technology (semiconductor fabrication) [9][10]. - The material is prized for its exceptional electrical and thermal conductivity, making it indispensable in applications where precision and reliability are critical [10][11]. Company Overview - Critical Metals Corp. focuses on critical metals and minerals, with its flagship project, Tanbreez, being one of the largest rare earth deposits globally [12]. - The company also holds the Wolfsberg Lithium Project, strategically positioned to become a major producer of lithium products for the European market [13]. Future Outlook - With this strategic asset, Critical Metals Corp. aims to become a reliable supplier of critical minerals essential for defense applications and the clean energy transition [14].