NEW YORK, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, today announced the appointment of Mathias Barfod as the Company’s President of Greenland Operations, a newly formed role. He will report directly to Tony Sage, the CEO and Executive Chairman of Critical Metals Corp. Mr. Barfod is based in Greenland and has more than a decade of experience within the mineral resource sector in Greenland. As P ...

Financial Performance - Q2 2025 revenue was $574 million, compared to $313 million in Q2 2024 [13] - Adjusted EBITDA for Q2 2025 was -$125 million, compared to -$271 million in Q2 2024 [13] - Adjusted diluted EPS for Q2 2025 was -$013, compared to -$017 in Q2 2024 [13] Materials Segment - Record NdPr oxide production of 597 metric tons in Q2 2025, a 119% year-over-year increase [11] - REO production volumes increased to 13145 metric tons in Q2 2025 from 9084 metric tons in Q2 2024 [17] - NdPr sales volumes were 443 metric tons in Q2 2025, compared to 136 metric tons in Q2 2024 [17] - Materials Segment revenue was $375 million in Q2 2025, compared to $313 million in Q2 2024 [21] - Materials Segment Adjusted EBITDA was -$127 million in Q2 2025, compared to -$176 million in Q2 2024 [21] Magnetics Segment - Magnetics Segment revenue was $199 million in Q2 2025 [21] - Magnetics Segment Adjusted EBITDA was $81 million in Q2 2025 [21]

Group 1 - MP Materials' shares have surged over 275% since the beginning of the year, driven by strong investor interest in rare earth metals and magnets [1][3] - The company's growth prospects have been positively reframed due to the Trump administration's focus on ensuring a domestic supply of rare earth materials and magnets [3][5] - A significant 10-year deal with the Department of Defense (DOD) has been established, along with an agreement with Apple, highlighting the importance of rare earths in various industries [4][11] Group 2 - The DOD's commitment is expected to derisk MP Materials' planned investment in the 10X Facility and expand its rare earth capabilities, potentially leading to more deals [5][12] - However, the company faces execution risks in constructing facilities and needs to secure $1 billion in financing from JPMorgan and Goldman Sachs before the 10X Facility begins commissioning in 2028 [6][7] - As the only fully integrated rare earth materials producer in the U.S., MP Materials holds a significant competitive advantage over other U.S. rare earth producers [12] Group 3 - The partnership with Apple underscores the urgent need for rare earths in manufacturing consumer electronics, healthcare technologies, and defense applications [11] - Investors are divided on whether now is a good time to buy MP Materials, with some suggesting profit-taking while others see potential for further gains [13] - The stock's recent rise may lead to a leveling off or pullback, making it crucial for investors to assess their risk tolerance before making decisions [10][13]

Core Viewpoint - MP Materials' stock experienced a significant increase of over 20% following the announcement of a $500 million deal with Apple to develop a recycling line for rare Earth materials, which are essential for high-tech devices [1] Group 1 - MP Materials shares closed up 20% after the announcement [1] - The $500 million deal with Apple focuses on recycling rare Earth materials [1] - Rare Earth materials are increasingly in demand due to their vital role in high-tech devices [1]

Core Insights - Critical Metals Corp is advancing its drilling program at the Tanbreez Rare Earth Project in Greenland, aiming for commercial production by 2026 to meet increasing demand in the West [1][2] - The company has initiated a 2000m resource diamond drilling program to enhance the current Mineral Resource Estimate (MRE) and support the development of a Bankable Feasibility Study (BFS) [2][4] - The existing MRE for the Fjord Eudialyte Deposit is currently at 8.76 million tonnes (Mt) indicated and 13.8 Mt inferred, totaling 22.56 Mt [5] Drilling Campaign Highlights - The first drill hole, K25-01, has been completed to approximately 60m, showing a composition of 30%-40% medium-grained eudialyte [5] - The drilling program aims to extend resources approximately 700m to the east and 650m along the strike of the host rock [5] - Target depths for the drill holes will range from 80m to 250m [5] Next Steps - The exploration and DFS study teams are conducting detailed fieldwork, with data collection crucial for finalizing the BFS and preparing reports for Greenland regulators and financial partners [4] - The company is on track to deliver final reports by Q4 2025 [4] Company Overview - Critical Metals Corp focuses on critical metals and minerals essential for electrification and next-generation technologies, with its flagship project, Tanbreez, being one of the largest rare earth deposits globally [10] - The Wolfsberg Lithium Project in Austria is another key asset, expected to be a major producer of lithium products for the European market [11] - The company aims to become a reliable supplier of critical minerals for defense applications and the clean energy transition [12]

Core Viewpoint - USA Rare Earth shares experienced a significant increase of 10.4% following a major deal between MP Materials and the Department of Defense, reflecting optimism in the critical mining industry [1][4]. Group 1: Company Developments - MP Materials secured a $400 million investment from the Trump administration, marking a direct investment in a company essential for U.S. national security [2]. - The Department of Defense now holds over a 15% stake in MP Materials, making it the largest shareholder, which is significant given that MP owns the only operational rare earth mine in the U.S. [3]. - USA Rare Earth, in contrast, has no sales and negative shareholder equity, indicating it is still in the development phase of its operations [7]. Group 2: Industry Impact - The announcement of the deal has positively influenced the stock prices of miners and refiners across the industry, with expectations of more similar deals in the future [4]. - The critical nature of rare earth materials in weapon systems highlights the strategic importance of domestic mining operations, especially given that most of these materials are currently sourced from China [3]. Group 3: Investment Considerations - USA Rare Earth is characterized as a high-risk, pre-revenue company, which investors should approach with caution due to its lack of sales and ongoing operational development [6][7].

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 - MP Materials and Idaho Strategic Resources are pivotal in enhancing U.S. critical mineral independence and national security through domestic resource development [1][2][3] Group 1: Company Overview - MP Materials is the only fully integrated rare earth producer in the U.S., with a market capitalization of $3.22 billion [1] - Idaho Strategic Resources is a gold producer with a market capitalization of around $190 million and holds the largest rare earth elements land package in the U.S. [2] Group 2: Market Context - Rare earth elements (REEs) are essential for clean-tech applications, including electric vehicles and defense, with the market currently dominated by China [3] - There is a growing emphasis on developing domestic REE capabilities in the U.S. to reduce reliance on foreign sources [3] Group 3: MP Materials Performance - MP Materials reported a 25% year-over-year revenue increase to $60.8 million in Q1 2025, with NdPr production soaring 330% to 563 metric tons [6] - The company experienced a 33% decline in sales volumes of rare earth concentrate, leading to a $10 million revenue drop in that segment [7] - MP Materials halted rare earth concentrate shipments to China due to tariffs, which previously accounted for approximately 50% of its revenues in Q1 2025 [9] Group 4: Idaho Strategic Resources Performance - Idaho Strategic Resources achieved a 23% year-over-year revenue increase to $7.3 million in Q1 2025, driven by a 44.7% rise in average realized gold prices [16] - The company reported earnings of 12 cents per share, a 29% decline year-over-year, attributed to increased exploration costs [16][17] - IDR plans to execute its largest exploration program at the Golden Chest Mine and other properties in 2025 [19] Group 5: Future Outlook - MP Materials expects to ramp up production of separated rare earth products, which will lead to higher costs in 2025 [10] - Idaho Strategic Resources is focusing on thorium mining and has signed a MoU with Clean Core Thorium Energy to advance a domestic supply chain [18] Group 6: Valuation and Investment Considerations - MP Materials has a forward price-to-sales ratio of 9.85X, while Idaho Strategic Resources has a lower ratio of 6.55X [25] - Despite near-term earnings pressure, MP Materials is viewed as a strong investment due to its integrated supply chain capabilities [27]

Core Insights - Critical Metals Corp has released an independent Preliminary Economic Assessment (PEA) for the Tanbreez Project, highlighting its significance as one of the largest rare earth deposits globally with a mineralized kakortokite unit of 4.7 billion metric tons [1][2] Economic Assessment - The PEA indicates a Net Present Value (NPV) of approximately US$3 billion, with a range of US$2.8 billion to US$3.6 billion at discount rates of 15% and 12.5% respectively, and an Internal Rate of Return (IRR) of about 180% [2] - The NPV calculation is based on an initial Mineral Resource Estimate (MRE) of 44.97 million metric tons of rare earth materials, representing roughly 1% of the total host rock [2] Development Strategy - The CEO of Critical Metals Corp emphasized the project's economic potential and its role in supporting a Western supply chain for rare earths, particularly in light of recent U.S. policy initiatives [4] - The company plans to conduct additional drilling campaigns to unlock further resource potential and expects to complete a definitive feasibility study by the end of 2025 [4] Investment and Ownership - Critical Metals Corp currently holds a 42% equity interest in the Tanbreez Project and plans to invest US$10 million in exploration by the end of 2025 [5] - Upon completion of this investment, the company will have the option to acquire an additional 50.5% equity interest, increasing its total ownership to 92.5% [5] Project Highlights - The Tanbreez Project is designed for phased growth, with initial production expected to be around 85,000 tons per annum (tpa) of Rare Earth Oxides (REO), scalable to approximately 425,000 tpa [7] - The project has been granted an exploitation license and is aligned with environmental, social, and governance (ESG) standards, featuring low radioactivity and minimal environmental impact [7] - Its strategic location provides deep-water fjord access and proximity to existing infrastructure, enhancing logistical advantages [7][8] Strategic Positioning - Critical Metals Corp aims to become a reliable supplier of critical minerals essential for defense applications and clean energy transition, positioning itself as a long-term partner for the U.S. and EU critical mineral sectors [10]

Core Viewpoint - Critical Metals Corp has released an independent Preliminary Economic Assessment (PEA) for the Tanbreez Project, highlighting its potential as one of the largest rare earth deposits globally, with a mineralized kakortokite unit of 4.7 billion metric tons [1][2]. Economic Assessment - The PEA indicates a Net Present Value (NPV) of approximately US$3 billion, with a range of US$2.8 billion to US$3.6 billion at discount rates of 15% and 12.5% respectively, before tax [2]. - The Internal Rate of Return (IRR) is estimated at around 180% based on an initial Mineral Resource Estimate (MRE) of 44.97 million metric tons of rare earth materials, which constitutes about 1% of the total host rock [2]. Development Strategy - The PEA confirms the economic viability of the Tanbreez Project and accelerates its development strategy, positioning it as a critical component of the Western supply chain for rare earths [4]. - The company plans to conduct additional drilling campaigns to unlock further resource potential and increase the project's NPV [4]. Investment and Ownership - Critical Metals Corp currently holds a 42% equity interest in the Tanbreez Project and plans to invest US$10 million in exploration by the end of 2025 [5]. - Upon completion of this investment, the company will have the option to acquire an additional 50.5% equity interest, raising its total ownership to 92.5% [5]. Project Highlights - The Tanbreez Project is expected to have an initial production capacity of approximately 85,000 tons per annum (tpa) of Rare Earth Oxides (REO), scalable to about 425,000 tpa [7]. - The project is fully permitted with a mining license granted through to 2050, featuring low radioactivity and minimal environmental impact [7]. - Its strategic location provides deep-water fjord access and proximity to existing infrastructure, enhancing logistical advantages [7]. Strategic Positioning - Critical Metals Corp aims to be a long-term supplier to the US and EU critical mineral and defense sectors, leveraging its robust resource base of 45 million metric tons at 0.40% Total Rare Earth Oxides (TREO) with 27% Heavy Rare Earth Elements (HREE) [7][8]. - The company is also developing the Wolfsberg Lithium Project in Austria, which is the first fully permitted lithium mine in Europe, further strengthening its strategic asset portfolio [9].