NEW YORK, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, today announced that ECM Lithium AT GmbH has received the decision of the Federal Administrative Court in the appeal proceedings concerning the requirement for an environmental impact assessment (EIA) for its "Koralpe Lithium Mining" project. The Federal Administrative Court overturned the decision of the Carinthian state government, which ha ...

Core Viewpoint - Critical Metals Corp has entered into a securities purchase agreement to raise $50 million through a private investment in public equity (PIPE) transaction, aimed at funding the development of its significant rare earth deposit, Tanbreez, in Greenland [1][2]. Financial Details - The company will issue approximately 1.47 million ordinary shares and pre-funded warrants to purchase about 1.56 million shares for a total purchase price of $50 million [2]. - The proceeds from this offering are intended to strengthen the company's balance sheet and support development efforts at Tanbreez, which is one of the largest rare earth deposits globally [2]. Strategic Importance - The Tanbreez deposit is expected to help meet the increasing demand for heavy rare earths in the West, positioning the company as a reliable supplier of critical minerals [2]. - Critical Metals Corp is also focused on other strategic assets, including the Wolfsberg Lithium Project in Austria, which is the first fully permitted lithium mine in Europe and is expected to be a major producer for the European market [7]. Company Overview - Critical Metals Corp is a leading mining development company specializing in critical metals and minerals essential for electrification and next-generation technologies [6]. - The company aims to become a sustainable supplier of critical minerals necessary for defense applications and the clean energy transition [8].

Core Viewpoint - Critical Metals Corp has amended its agreement to acquire a larger ownership stake in the Tanbreez Greenland Rare Earth Mine, increasing from 42% to 92.5% through the issuance of approximately 14.5 million ordinary shares to Rimbal Pty Ltd, which is valued at $8.00 per share [2][4][6]. Group 1: Acquisition Details - The amended agreement allows Critical Metals Corp to increase its ownership stake in the Tanbreez Project from 42% to 92.5% by issuing approximately 14.5 million ordinary shares to Rimbal [2]. - The original agreement required an unspecified number of shares valued at $116 million for the ownership increase, but the amended agreement specifies a firm number of shares [2]. - Rimbal has waived the previous condition that required an additional $10 million investment from Critical Metals Corp before qualifying for the increased ownership stake [4]. Group 2: Project Significance - The Tanbreez Project is described as a game-changer for the rare earths supply chain in the West, containing a significant concentration of high-grade heavy rare-earth elements and gallium within a resource of 4.7 billion metric tons [6]. - The project is strategically located in Southern Greenland, with access to year-round direct shipping via deep water fjords leading to the North Atlantic Ocean [7]. Group 3: Company Positioning - Critical Metals Corp aims to become a reliable and sustainable supplier of critical minerals essential for defense applications, clean energy transition, and next-generation technologies in the western world [9]. - The company also holds the Wolfsberg Lithium Project in Austria, which is the first fully permitted mine in Europe and is expected to be a major producer of lithium products for the European market [8].

Core Viewpoint - Critical Metals Corp has appointed Mathias Barfod as President of Greenland Operations to enhance the development of the Tanbreez Project and strengthen community relations in Greenland [1][2][3] Company Overview - Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals essential for electrification and next-generation technologies [4][6] - The flagship Tanbreez Project is one of the world's largest rare earth deposits located in Southern Greenland, with year-round shipping access via deep water fjords [4][6] Leadership Appointment - Mathias Barfod, with over a decade of experience in the mineral resource sector in Greenland, will report directly to CEO Tony Sage [1][2] - Barfod's previous roles include developing resource estimates and guiding mineral resource companies on community relations and regulatory compliance in Greenland [3] Project Significance - The Tanbreez Project is expected to provide a secure supply of rare earth materials, contributing to the local Greenland economy and job creation [3][4] - The project is positioned to be developed sustainably and is strategically located for mining operations [4] Additional Assets - The Wolfsberg Lithium Project in Austria is the first fully permitted mine in Europe, expected to be a major producer of lithium products for the European market [5] - Critical Metals Corp aims to become a reliable supplier of critical minerals for defense applications and the clean energy transition [6]

Core Insights - Critical Metals Corp has formed a new Advisory Board, including General Tim Ray, to support its strategic development in critical minerals projects [1][2] - The company is advancing the Tanbreez project in southern Greenland, which is positioned to enhance North America's and Europe's security by reducing reliance on China for rare earth elements [2][4] - General Ray brings extensive military experience and strategic insights to the company, focusing on transatlantic defense cooperation [3][4] Company Overview - Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals essential for electrification and next-generation technologies [4][6] - The flagship Tanbreez project is one of the world's largest rare earth deposits, located in southern Greenland, with year-round shipping access via deep water fjords [4][6] - Another significant asset is the Wolfsberg Lithium Project in Austria, which is the first fully permitted mine in Europe and is expected to be a major producer of lithium products for the European market [5][6] Strategic Positioning - The company aims to become a reliable and sustainable supplier of critical minerals for defense applications and the clean energy transition [6] - The strategic location of the Tanbreez asset is expected to meet NATO and U.S. needs, enhancing the company's role in the broader security enterprise [4]

Core Insights - The Tanbreez Project is demonstrating exceptional results, with high-grade TREO deposits reaching up to 0.89% and approximately 27% HREO, exceeding internal estimates [1][2] - The strategic importance of the Tanbreez Project is highlighted by the U.S. need for domestic sources of critical minerals, especially in light of China's gallium export ban [2][29] - The company has made significant progress in its drilling programs, processing all 2024 drill cores and completing over 1,200 meters of drilling as part of the 2025 Fjord Resource Upgrade program [2][11] Drilling Results - Recent diamond drill assay results from ten holes show gallium oxide concentrations ranging from 80 ppm to 140 ppm and TREO values from 0.32% to 0.89% [5][28] - Historical drilling results confirm high-grade TREO values between 0.38% to 0.51% with 28% HREO at the Fjord Deposit and 0.42% to 0.48% with 26% HREO at the Hill Deposit [5][6] - The 2025 drilling program has completed five holes totaling 1,250 meters, with further assays pending [5][11] Mineral Resource Estimates - The current Mineral Resource Estimate for the Fjord Eudialyte Deposit includes an Indicated Resource of 8.76 million tons (MT) and an Inferred Resource of 13.8 MT, totaling 22.56 MT [16][36] - The company is executing a US$2.0 million diamond drill hole contract aimed at increasing the existing Mineral Resource Estimate [16][18] Strategic Importance - The gallium results from the Tanbreez Project are significant, as gallium is on multiple national critical minerals lists, enhancing the project's strategic appeal [28][29] - The project is positioned to support U.S. defense capabilities and national security by securing domestic sources of critical minerals [2][29] Company Overview - Critical Metals Corp. is focused on critical metals and minerals, with the Tanbreez Project being one of the largest rare earth deposits globally, located in Southern Greenland [38][39] - The company also holds the Wolfsberg Lithium Project, which is expected to be a major producer of lithium products for the European market [39][40]

Core Viewpoint - Critical Metals Corp has signed a $2 million diamond drilling contract to enhance resource size at the Tanbreez Project, following a $120 million non-dilutive funding package from the US Federal Government Bank [1][2]. Group 1: Drilling Program Details - The diamond drilling program will target resources east of the existing Fjord Deposit, with depths ranging from 80m to 250m [1]. - The program aims to finalize and enhance the current pit design, contributing to the upcoming definitive feasibility study expected by the end of 2025 [2]. Group 2: Company Overview - Critical Metals Corp is focused on critical metals and minerals, with the Tanbreez Project being one of the largest rare earth deposits globally, located in Southern Greenland [4]. - The company also holds the Wolfsberg Lithium Project in Austria, which is the first fully permitted mine in Europe and is strategically positioned for lithium production [5]. Group 3: Strategic Positioning - With its asset portfolio, Critical Metals Corp aims to become a reliable supplier of critical minerals essential for defense applications and the clean energy transition [6].

Core Viewpoint - Critical Metals Corp has announced exceptional assay results from the Tanbreez Project in Greenland, indicating a significant opportunity to increase the current Maiden Resource Estimate (MRE) of rare earth materials from 225 million tonnes (MT) to an exploration target of 500MT [1][19][30]. Group 1: Assay Results and Resource Estimates - The weighted average grade from the newly released diamond drill hole results is 0.43% Total Rare Earth Oxides (TREO) with 28% Heavy Rare Earth Oxides (HREO) and 1.44% Zirconium Oxide (ZrO2) [9][13]. - The MRE for the Tanbreez Project is approximately 45MT of eudialyte containing 0.38% TREO, including 27% HREO, along with 180MT of industrial mineral by-products [1][30]. - The deep diamond drill holes have confirmed mineralization grades ranging from 0.33% to 0.51% TREO, with the potential for further resource upgrades [13][19][23]. Group 2: Drilling Plans and Operations - The company has applied for a Program of Works for the 2025 resource drilling program to upgrade the Inferred Resource to Indicated Resource category and extend the size of the Tanbreez Fjord and Hill Zone Deposits [2]. - The first stage of the drilling program will target the Fjord Deposit, while the second stage will focus on the Hill Zone Deposit, with planned depths of 60m to 150m [4][6][5]. - The company is currently re-assaying historical samples to confirm and reconcile assay results, with updates expected soon [3][7]. Group 3: Strategic Positioning and Future Outlook - The Tanbreez Project is strategically positioned to advance development plans, with ongoing exploration and fieldwork to deepen understanding of the asset's potential [1][19]. - The company holds a 42% interest in the Tanbreez Project, with the right to increase this to 92.5%, indicating strong control over the resource [1]. - The project is expected to play a crucial role in supplying critical minerals essential for electrification and next-generation technologies in Europe and its partners [38][39].

Core Viewpoint - Critical Metals Corp has exercised outstanding warrants to purchase 400,000 ordinary shares at an exercise price of $5.00 per warrant, generating approximately $2 million in gross proceeds, which will be used to advance its critical mineral projects in Greenland and Europe [1][2][3]. Group 1: Financial Actions - The company exercised warrants for 400,000 shares, resulting in gross proceeds of about $2 million [1]. - The exercise of warrants led to the removal of restrictions on an additional 1,200,000 ordinary shares [1]. Group 2: Project Development - The net proceeds from the warrant exercise will primarily support the development of the Tanbreez Project in Greenland and the Wolfsberg Project in Austria [2][3]. - The Tanbreez Project is one of the largest rare earth deposits globally, located in Southern Greenland, with year-round shipping access [4]. - The Wolfsberg Lithium Project is the first fully permitted mine in Europe, strategically positioned to become a major producer of lithium products for the European market [5]. Group 3: Strategic Positioning - Critical Metals Corp aims to be a reliable supplier of critical minerals essential for defense applications and the clean energy transition [6]. - The company is focused on producing strategic products necessary for electrification and next-generation technologies for Europe and its partners [4][6].

Core Insights - Critical Metals Corp. has released assay results from historical deep diamond drill holes at the Tanbreez Project in Greenland, indicating high-grade total rare earth oxides (TREOs) and heavy rare earth oxides (HREOs), positioning the project as a world-class rare earth deposit [1][21][23] - The company aims to increase its current mineral resource estimate (MRE) of approximately 45 million tonnes (MT) through future drilling programs, with a robust economic outlook showing a net present value (NPV) of approximately US$2.4 to US$3.0 billion and an internal rate of return (IRR) of 162% before tax [1][21] - The Tanbreez Project is jointly owned, with Critical Metals Corp. holding a 42% interest and the potential to increase this to 92.5% by the fourth quarter of 2025 [1] Drilling and Resource Development - The company has applied for a Program of Works for 2025 resource drilling to upgrade the inferred resource to indicated resource category, with mobilization expected in the second quarter of 2025 [2] - The first stage of the infill drilling program will target the Fjord Deposit, which has a 23 MT MRE footprint, with an average target depth of 40-50 meters [3] - Confirmation of the 2025 drilling will follow the review of results from the 2024 program, with additional drilling targeting the Hill Zone Deposit, which contains a 22.6 MT MRE area [4][5] Assay Results and Mineralization - Recent assay results from drill holes DDH-009-13, DDH-001-13, DDH-012-13, DDH-003-13, DDH-015B-13, and DDH-015A-13 show high-grade rare earth mineralization, with TREO averages ranging from 0.39% to 0.48% [8][10][12][23] - The mineralization is consistently high across the drill holes, with significant intersections of HREO, tantalum, niobium, zirconium, hafnium, and gallium [10][24][26] - The company is re-assaying historical samples to confirm and reconcile assay results, with further results expected soon [6][20][28] Strategic Positioning - Critical Metals Corp. is positioned as a leading mining development company focused on critical metals and minerals essential for electrification and next-generation technologies [42] - The Tanbreez Project is one of the largest rare earth deposits globally, with strategic access to transportation via deep water fjords [44] - The company also holds the Wolfsberg Lithium Project, which is expected to be a major producer of lithium products for the European market [45]