Allied Critical Metals Commences 5,000 Metre Drill Program at its Borralha Tungsten Project
- Vancouver, British Columbia – TheNewswire - June 2, 2025: Allied Critical Metals Inc. (CSE: ACM | FSE:0VJ0) (“ Allied” or the “ Company” ), , which is focused on its 100% owned past producing Borralha and Vila Verde (Vale das Gatas) tungsten projects in northern Portugal, is pleased to announce the commencement of a fully-funded exploration program that will include up to 5,000 metres of core drilling at the Company's flagship Borralha Tungsten Project (the “ Property” or “ Borralha” ), located in northern Portugal.
- 06/02/2025
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Critical Metals Corp Announces Gross Proceeds of $2MM USD from the Exercise of Warrants Priced at $5.00 USD from Institutional Fund
- NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, today announced the exercise of outstanding warrants to purchase 400,000 ordinary shares of the Company at an exercise price of $5.00 per warrant. The warrants were initially issued to investors at the time of the consummation of the Company's initial public listing on Nasdaq.
- 05/29/2025
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More Than Iron - Vale's Strategic Pivot To Critical Metals
- Vale is reinventing itself beyond iron ore, pivoting toward copper and nickel to align with global electrification and energy transition trends. Operational efficiency is improving: C1 iron ore costs dropped 11% YoY, while copper production grows with strong byproduct revenue. Despite weak Q1 results and FCF drop, margins remain solid, and valuation multiples (P/E 5.4x, EV/EBITDA 3.9x) suggest a steep discount.
- 05/28/2025
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Critical Metals Corp Releases Further Excellent Deep High-Grade Drilling Results on Tanbreez (TREO 0.48% & HREO 27%)
- NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, is pleased to publish for the first time the assay results of historical deep diamond drill holes DDH 009-13, DDH 001-13, DDH 012-13 DDH 003-13, DDH 015B-13 and DDH 015-13 drilled in 2013 from the Tanbreez Project in Greenland. Commenting on the assay results, Tony Sage, CEO and Executive Chairman of the Company, said: “These deep diamond drill hole results reveal exceptional assay outcomes and consistently showcase high-grade TREOs and HREOs, positioning Tanbreez as a world-class, unique and valuable rare earth deposit.
- 05/19/2025
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Allied Critical Metals Announces Corporate Update
- Vancouver, British Columbia – May 16, 2025 – TheNewswire – Allied Critical Metals Inc. (formerly Deeprock Minerals Inc.) (CSE: ACM) (OTCQB: 0VJ0) (the “ Company ” or the “ Resulting Issuer ”) is pleased to provide a corporate update as to its updated uses of funds updating the disclosure in its Listing Statement dated April 23, 2025 (the " Listing Statement ") which is publicly available under the Company's profile on SEDAR+ at www.sedarplus.ca, to better reflect the actual results of concurrent financing (" Concurrent Financing ") of approximately $4.6 million announced by the Company on March 25, 2025 and corresponding updated uses of funds.
- 05/16/2025
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Allied Critical Metals Announces Frankfurt Stock Exchange Listing
- Vancouver, British Columbia - May 15, 2025 – TheNewswire - Allied Critical Metals Inc. (CSE: ACM) (FSE: 0VJ0) (“ Allied" or the " Company "), which is focused on its 100% owned past producing Borralha and Vila Verde tungsten projects in northern Portugal, is pleased to announce that its common shares now trade on the Frankfurt Stock Exchange under the trading symbol "0VJ0". The listing of Allied's shares on the Frankfurt Stock Exchange will broaden the shareholder base in Europe, increase trading activity, and build European investor awareness. The Company's common shares continue to be listed and posted for trading on the Canadian Securities Exchange under the symbol, "ACM".
- 05/15/2025
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StrikePoint to Present at the Precious Metals & Critical Metals Hybrid Investor Conference on May 22nd
- StrikePoint invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com StrikePoint invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com
- 05/15/2025
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European Lithium reports high grade TREO ~0.44% & HREO 26% in historical deep diamond drill results
- European Lithium Ltd has released assay results of historical deep diamond drill holes DDH 306-13 drilled in 2013, and DX-02 drilled in 2010 from its Tanbreez Project in Greenland. It is the first time these results have been released and they give weight to the recent Mineral Resource Estimate (MRE) of ~45MT of REEs @ 0.38% and the robust economic results from the Tanbreez Scoping Study showing the NPV of US$2.4 ~US$3.0 billion on a 10% and 8% discount and an IRR of 162% before tax. The Tanbreez Project is operated by Tanbreez Mining Greenland A/S and is currently owned by Critical Metals Corp., which currently holds a 42% interest with the right to earn 92.5% interest, with European Lithium holding a 7.5% interest. European Lithium currently holds approximately 68% of the issued capital in CRML. The project is among the world’s largest hard rock deposits of rare earth elements (REEs). It is distinguished by its high concentration of heavy rare earth elements (HREEs), which are essential to advanced technologies, renewable energy systems, and defence applications. In contrast to many other major REE deposits, Tanbreez hosts minimal levels of uranium and thorium, enhancing its environmental and regulatory appeal. The Tanbreez Fjord and the Tanbreez Hill rare-earth mineral sites are hosted within a Kakortokite unit covering an area of approximately 5km x 2.5km, estimated at 4.7 billion tonnes of Kakortokite this does not indicate any certainty of hosting mineralisation. “It’s exciting to report more deep diamond drill hole results and outstanding assay results from historical deep drilling that may confirm higher tonnage potential that extends a lot deeper and wider than was originally expected for the Tanbreez Project,” executive chairman Tony Sage said. “We are assembling a highly experienced team and moving quickly to the next major milestone measuring the true potential of the Tanbreez Project that is gaining significant interest from Western Governments. “The team is now planning resource drilling to extend and grow the Tanbreez resource and mobilising a crew to Greenland in preparation for a series of exploration, mining and engineering surveys working closely with the Greenland Government and stakeholders in country which is now underway.” Drilling at Tanbreez was conducted for stratigraphic and mineralogical studies as part of the company’s ongoing re-assaying of historical samples collected in 2007, 2010, 2013, and 2024. These efforts aim to confirm and reconcile previous data and potentially expand the existing JORC 2012 Mineral Resource Estimate (MRE) of 45 million tonnes (MT) at 0.38% total rare earth oxides (TREO). Deep Diamond Hole intersections containing high grade TREO average mineralisation from surface to 195m vertical depth in hole DX-01, and to 338m vertical depth in D306-013. Assay results from DX-02 and D306-13 show average TREO grades of 0.42% and 0.47%, with heavy rare earth element (HREE) content of 24% and 28%, extending to depths of 195m and 328m respectively, within the Kakortokite host rock. This host rock is estimated to contain approximately 4.7 billion tonnes, although the company cautions that not all of it may be economically mineralised. The results are consistent with earlier drill holes A1-24, D7-14, and DX-01, which recorded similar TREO and HREE values. Drill holes D7-14 and D306-13 ended in mineralisation, indicating further drilling is needed. Assays for hole K-24, drilled in December 2024, are expected in late May 2025. Results as follows: Drill Hole DX-02 Drilled vertically to 195m from surface and intersected high-grade rare earths oxides averaging: Drill DX-02 was collared approximately 505m to the east of the Hill Zone 22MT @ 0.38% REE Maiden Mineral Resource (March 13 2025 ASX Announcement 45MT @ 0.38% TREO). Drill Hole D306-13 Drilled vertically to 328m from surface and intersected high-grade rare earths mineralisation averaging: Mineralisation average from surface to 328m downhole. Drill collar approximately 400m to the east of the Fjord 23.6MT @ 0.42% REE Maiden Mineral Resource (March 13 2025 ASX Announcement 45MT @ 0.38% TREO). Drill Hole A1-24 Drilled vertically to 40m from surface and intersected high-grade rare earths and oxides averaging: Mineralisation average from surface to 40m downhole. Drill Hole DX-01 Drilled vertically to 338m from surface and intersected high-grade rare earths and oxides averaging: Mineralisation average from surface to 338m downhole. DX-01 was collared within the Hill Zone 22MT @ 0.38% REE Maiden Mineral Resource (13 March 2025 ASX Announcement 45MT @ 0.38% TREO). Drill Hole D7-14 Angle drilled at 60⁰ east to 243m from surface and intersected high-grade rare earths mineralisation averaging: Mineralisation average from surface to 243m downhole. European Lithium has confirmed high-grade gallium oxide (Ga₂O₃) results of 98 parts per million (ppm) from diamond drillhole DX-02 at the Tanbreez Rare Earth Project in southern Greenland, highlighting consistent mineralisation across a strike length of 2,300 metres and width of approximately 370 metres. The gallium oxide result from DX-02, drilled to a depth of 195 metres, is in line with previously reported values of 101.7 ppm and 102.2 ppm from holes A1-24 and DX-01 respectively. This supports the potential for a valuable oxide credit in the project’s mixed rare earth concentrate, enhancing the project’s economic outlook. Drillhole D306-13, drilled in 2013 to 328 metres, was not previously assayed for gallium, tantalum or niobium. Sample pulps from this and other drillholes, including 2024’s K-24 and D7-014, will be submitted to ALS Metallurgical in Perth for assay, with results expected in the coming months. Low uranium and thorium content continues to be a standout feature of the Tanbreez deposit, with DX-02 returning averages of 18.67 ppm uranium and 55.3 ppm thorium. These results align with other recent drillholes and underscore the deposit’s homogeneous and environmentally favourable profile. Drillhole collar positions for the new deep diamond holes DX-O2 to 195m and D306-13 to 328m with the average assay results from surface. The lengths between drill holes is approximately 1300 metres with a total distance from A1-24 to DX-02 of approximately 2320m in a straight line 1037m with a width of 372m width between DX-02 and D306-13. EUR has lodged a Program of Works application with Greenland’s Mineral Licence and Safety Authority (MLSA) for its 2025 resource drilling campaign at Tanbreez, targeting expansion and reclassification of its existing MRE. The 2025 drilling program will focus on extending both the Fjord and Hill Zone deposits. Preparations are underway for the upcoming field season, with mobilisation of drilling and exploration teams scheduled for mid to late June. The first phase of the resource drilling program will extend the 23 MT MRE footprint at the Fjord Deposit. This will involve drilling north of the 2024 campaign's 16-hole diamond program. Drilling will average depths of 40 to 50 metres, penetrating mineralised kakortokite zones rich in rare earth elements (REEs) and metal oxides, and extending approximately 5 metres into the basal layer to exclude lower-grade phonolite material. The start of 2025 drilling is contingent on satisfactory results from the remaining assays of the 2024 drill program, with 15 holes still to be reported. In the second phase, the company will target the 22 MT Hill Zone Deposit, focusing on infill drilling between key historical holes (D306-13, DX-01, and DX-02) along the east-west margins of the current resource. Drilling will extend to depths of up to 150 metres, aiming to confirm continuity of mineralisation and support a potential upgrade of Inferred resources to the Indicated category. EUR has engaged an independent resource consultant to support the 2025 program and is in discussions with potential feasibility study partners following the release of a scoping study that estimated a pre-tax Net Present Value (NPV) of between US$2.4 billion and US$3.0 billion and an Internal Rate of Return (IRR) of 162%. Peninsula Energy Ltd has received the final key regulatory approvals required to begin uranium recovery operations at the Kendrick Project Area, part of the broader Lance Projects in Wyoming, USA. The Wyoming Department of Environmental Quality (WDEQ) has granted both the Permit to Mine and Source Materials Licence for Kendrick. Peninsula Energy managing director and CEO George Bauk said: “We are pleased to have received the main permits and licences required to commence production from the Kendrick Project Area. “This is a major milestone for Peninsula and a critical enabler for long-term growth at the Lance Projects. “Kendrick is the next sequential production area, boasts a large portion of the available resources and will form a key part of our production strategy. “We are still working diligently through our revised production plan and intend to release the outcomes of this work as soon as possible. “As we finalise the plan and prepare for its implementation and release to the market, it's important to emphasise that Peninsula continues to be underpinned by a flagship asset with significant potential, a committed and experienced senior leadership team, and exposure to an improving uranium market.” In addition, the United States Environmental Protection Agency (EPA) has approved the Aquifer Exemption for the proposed injection zone, based on a comprehensive review undertaken by the WDEQ. The company needs these approvals to forge a clear pathway to uranium production from Kendrick, which follows the Ross area as the next sequential production zone. The Kendrick Project hosts a JORC (2012) compliant resource of 19.8 million pounds (Mlbs) of U₃O₈. Combined with Ross, the Lance Projects support a total JORC resource of 26.2 Mlbs U₃O₈ across both areas, underpinning at least a decade of production-ready uranium supply. The Kendrick licence area spans 7,992 acres and includes 720 acres of proposed wellfields. Peninsula will be required to submit detailed wellfield data for each mining unit before operations begin, including baseline water quality assessments and verification of hydrological isolation of the mining zones. While permitting advances, the company has paused uranium capture operations due to piping issues identified in Phase 1 of its Central Processing Plant (CPP). Commissioning and handover activities for Phase II of the CPP are expected to commence in the coming weeks, with construction continuing under the oversight of principal contractor Samuel EPC. Peninsula remains focused on completing its revised production plan for the Lance Projects. The broader Lance resource totals 58.0 Mlbs U₃O₈, making it one of the largest in-situ recovery (ISR) uranium projects in the United States. The company is hoping to strengthen its position as a near-term US-based uranium producer with full end-to-end production capability and exposure to the growing demand for nuclear energy in global clean energy markets.
- 05/13/2025
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Critical Metals Corp Publishes Compelling Deep Diamond Drill Results from Tanbreez Greenland
- NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, is pleased to publish for the first time, historical deep diamond drill holes DDH 306-13 drilled in 2013, and DX-02 drilled in 2010 from the Tanbreez Project in Greenland. Highlights – New Diamond Drill Hole Historical Results Drill Hole DX-02 drilled vertically to 195m from surface and intersected high - grade rare earths oxides averaging: 4211ppm (0.42% TREO) (“including averaged heavy rare HREO of 24%”), 0.91% ZrO2 “zircon oxide” cut off at 0.5%, 63ppm Ta2O5 “tantalum pentoxide”, 1293ppm Nb2O5 “niobium pentoxide”, 181ppm HfO2 “hafnium oxide”, 98ppm Ga2O3 “gallium oxide”, Mineralisation average from surface to 195m downhole.
- 05/09/2025
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Allied Critical Metals Poised to Become Leading Tungsten Producer with Dual Projects in Portugal
- Vancouver, BC – May 2, 2025 – TheNewswire - Allied Critical Metals Inc. ( ACM: CSE ) (" ACM " or the " Company ") is pleased to provide an overview of its strategic initiatives and development plans aimed at establishing itself as one of the leading Western suppliers of tungsten, a highly strategic critical mineral. With two 100% owned advanced stage brownfield projects in mining-friendly northern Portugal, ACM is positioned for near-term, low-cost production at a time when global supply chains are urgently seeking alternatives to Chinese and Russian sources. Borralha Tungsten Project
- 05/02/2025
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Critical Metals Corp Announces Appointments of Executive Leaders
- Sergey Savchenko, experienced financial leader in the U.S. capital markets, to spearhead all accounting and finance initiatives as Chief Financial Officer
- 05/02/2025
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CSE Bulletin: Fundamental Change - DeepRock Minerals Inc./Allied Critical Metals Inc.
- Toronto, Ontario--(Newsfile Corp. - Le 29 avril/April 2025) - The common shares of Allied Critical Metals Inc. (ACM), (the “Company”), previously listed as DeepRock Minerals Inc. (DEEP) have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date.
- 04/29/2025
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Allied Critical Metals Announces Completion Of Reverse Take-Over
- Vancouver, British Columbia – April 24, 2025 – TheNewswire - Allied Critical Metals Inc. (formerly Deeprock Minerals Inc.) (CSE: ACM) (the “ Company ” or the “ Resulting Issuer ”) is pleased to announce the completion of the transaction (the “ Transaction ”) resulting in the reverse takeover of Deeprock by Allied Critical Metals Corp. (“ ACM ”), a private company incorporated under the laws of the Province of Ontario. Further details of the Transaction are available in the Company's listing statement dated April 23 , 2025, which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca . The Company owns 100% of two historical and established Portuguese previously producing tungsten projects: the Borralha Tungsten Project and the Vila Verde Tungsten Project.
- 04/24/2025
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Critical Metals Corp. Publishes New Presentation on Investor Website
- NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading mining development company, today announced that a new investor presentation is now available on the Company's investor relations website. Investors, analysts, and interested stakeholders can access the investor presentation here: https://www.criticalmetalscorp.com/news-events/presentations About Critical Metals Corp. Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals, and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners.
- 04/23/2025
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MTM Critical Metals Secures Supply Agreement for E-Waste and Announces Breakthrough Recovery of Ultra-High-Grade Gold and Other High-Value Metals from E-Scrap
- HOUSTON , April 9, 2025 /PRNewswire/ -- MTM Critical Metals (ASX: MTM; OTCQB: MTMCF – https://www.mtmmetals.com.au), announced a breakthrough in sustainable metal recovery, unlocking ultra-high-grade gold (551 g/t) and other valuable metals from electronic waste (E-Waste). The company also announced a Letter of Intent for a transformative five-year supply agreement with Dynamic Lifecycle Innovations, Inc. (https://www.thinkdynamic.com), to provide a minimum of 700 tons per annum (TPA) of E-Scrap.
- 04/09/2025
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Critical Metals Corp.'s Tanbreez Valued at $3 Billion With IRR of 180% and Significant Additional Upside Potential
- NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading mining development company, today announced that the Company has released an independent Preliminary Economic Assessment (“PEA”) on the Tanbreez Project in Southern Greenland, one of the largest rare earth deposits in the world with a 4.7 billion metric ton mineralized kakortokite unit. The full PEA report, which is a key study for advancing the development strategy for the Tanbreez Project, can be viewed by visiting: https://www.criticalmetalscorp.com/projects/project-tanbreez.
- 03/31/2025
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Seabed explorer lobbies Trump to mine the Pacific for critical metals
- The Metals Company (NASDAQ:TMC) has asked the Trump Administration for approval to mine the Pacific Ocean seabed for critical metals, bypassing a United Nations-backed process that governs international waters. According to Bloomberg, the firm, already licensed by the International Seabed Authority (ISA), is now seeking US backing via a pre-application with the National Oceanic and Atmospheric Administration.
- 03/28/2025
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Allied Critical Metals Closes Private Placement in Connection with Reverse Takeover Transaction
- Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.
- 03/25/2025
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Critical Metals Corp. Unveils Exceptional Drilling Results Confirming Extensive Depth Potential at World-Class Tanbreez Rare Earth Project
- The Tanbreez Project possesses high grade TREO, including 103ppm gallium oxide, based on deep diamond drill results The Tanbreez Project possesses high grade TREO, including 103ppm gallium oxide, based on deep diamond drill results
- 03/17/2025
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Critical Metals Corp.'s Releases First S-K 1300 Report on the Tanbreez 4.7 Billion Metric Ton Kakortokite Host Rock
- NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today announced that the Company has released its first S-K 1300 technical report summary (the “S-K 1300 Report”) on the Tanbreez Project, one of the largest rare earth deposits in the world hosted within - 4.7 billion metric tons of a kakortokite hard rock unit. The full S-K 1300 report can be viewed by visiting: https://www.criticalmetalscorp.com/projects/project-tanbreez.
- 03/12/2025
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Critical Metals Corp. Releases First S-K 1300 Report on the Tanbreez 4.7 Billion Metric Ton Kakortokite Host Rock
- Maiden Mineral Resource Estimate of 45 million metric tons resource at 0.4% Total Rare Earth Oxides (“TREO”), including ~27% of Heavy Rare Earth Elements, hosted by the world's largest currently published rare earth hard rock deposit Maiden Mineral Resource Estimate of 45 million metric tons resource at 0.4% Total Rare Earth Oxides (“TREO”), including ~27% of Heavy Rare Earth Elements, hosted by the world's largest currently published rare earth hard rock deposit
- 03/12/2025
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Lithium Junior Miners News For The Month Of February 2025
- China lithium carbonate spot prices and spodumene spot prices were generally flat the past month. Lithium market news - Fastmarkets projects an oversupply of just 10,000 tonnes in 2025, and swinging to a 1,500-tonne deficit in 2026. Junior lithium miner company news - Atlas Lithium's Plant is en route to Brazil, expected to arrive on March 2. Galan Lithium's Mineral Resources grow to 9.5 Mt LCE.
- 02/26/2025
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Critical Metals Corp. Announces the Appointment of Michael C. Ryan to Board of Directors
- Seasoned U.S. Department of Defence executive brings more than 40 years of military and public sector experience as the Company advances strategic rare earth asset Seasoned U.S. Department of Defence executive brings more than 40 years of military and public sector experience as the Company advances strategic rare earth asset
- 02/26/2025
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Buy And Hold These Ten Cheap Lithium Juniors Ready For A Potential Lithium Recovery From 2026 Onwards
- The lithium market has been in a severe bear market. Delays in major projects like Zijin Mining's 3Q Project could roughly balance the market from 2026 to 2028. Booming EV and BESS sales, if they continue, could cause large lithium deficits from 2029 onwards. Strong lithium demand and potential deficits set up a favorable scenario for patient investors in quality junior lithium miners over the next 5-7 years.
- 02/19/2025
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Critical Metals Corp. Outlines Strategic Growth Initiatives Following Successful Equity Raise
- NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today outlined its strategic growth initiatives for the remainder of 2025. The Company recently completed an equity raise that was upsized to $24.5 million.
- 02/11/2025
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Critical Metals Corp. Announces $22.5 Million Private Placement Equity Financing
- Strengthens balance sheet, enabling Critical Metals Corp to continue funding development plans for both the Tanbreez Rare Earths Project in Greenland and the Wolfsberg Lithium Project in Austria Strengthens balance sheet, enabling Critical Metals Corp to continue funding development plans for both the Tanbreez Rare Earths Project in Greenland and the Wolfsberg Lithium Project in Austria
- 02/06/2025
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Korea Zinc Secures Critical Metals Supply Chain Amid Global Export Controls
- SEOUL, South Korea , Feb. 6, 2025 /PRNewswire/ -- As U.S.-China trade tensions escalate into export controls on rare metals, Korea Zinc 's (KRX:010130) role in maintaining supply chain stability for critical minerals has gained further strategic importance. On February 4, China announced that it would be immediately implementing export controls on five key metals, namely tungsten, molybdenum, indium, bismuth, and tellurium, used for defense, clean energy and in several other industries, just minutes after President Donald Trump's additional 10% tariff on Chinese goods came into effect.
- 02/06/2025
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European Lithium ahead of the curve with Critical Metals Corp arm adopting bitcoin financing
- European Lithium Ltd has welcomed the news that the board of directors of US-based subsidiary Critical Metals Corp (Nasdaq: CRML) has approved a comprehensive bitcoin (BTC) treasury strategy, executing a BTC convertible note for up to US$500 million. The company – which is focused on development of critical metals, minerals exploration and mining projects essential to electrification and next-generation technologies for the western world – may access up to $500 million to purchase bitcoin, with $100 million closing in the first tranche, which is also available to purchase bitcoin. This makes Critical Metals Corp one of the first Nasdaq-listed critical minerals companies to make the move to bitcoin as a primary treasury reserve asset, and certainly the first owned by a company on the ASX. Importantly, CRML has non-recourse against a drop in the bitcoin price. This means that, because the company’s exposure to the cryptocurrency is through a convertible note, the company is insulated from the downside risk of price volatility. EUR chair Tony Sage said: “Given the enormous growth and interest in the Bitcoin market, it is strategically important for CRML to have access to funding through this growing market. “The Micro Strategies approach has been spectacularly successful, and we hope to emulate that success.” The $100 million first tranche was issued with 100% warrant coverage and subsequent tranches totalling up to $400 million at the buyers’ discretion will have 50% warrant coverage. The convertible notes are primarily secured by cash raised and any potential BTC purchased in connection with the financing. These notes are convertible into common stock of the company at a fixed conversion price of $6.00 per share and the warrants are convertible at $7.00. The convertible note financing was led by JBA Asset Management. “Incorporating a bitcoin allocation to our treasury management strategy is an innovative approach that we believe will strengthen our balance sheet and create long-term shareholder value,” Sage said. “As the first Nasdaq-listed critical minerals companies to adopt a bitcoin treasury strategy, we believe this approach provides both inflation protection and appreciation potential without dilution risk. “This strategy aligns with broader Western government initiatives around bitcoin adoption, including President Trump's recent advocacy for a national bitcoin stockpile. “As a key supplier of critical minerals to western nations, our bitcoin treasury strategy further strengthens our position as a reliable partner in secure supply chains, while protecting our balance sheet from currency debasement risks.” European Lithium holds 66,416,641 (74.30%) ordinary shares in Critical Metals. Based on the closing share price of Critical Metals being US$8.50 per share as of January 21, 2025, the company’s current investment in Critical Metals is valued at US$564,541,449 (A$897,620,903), subject to fluctuation in the Critical Metals share price. The company’s flagship asset is the Tanbreez Project in Greenland, one of the world's largest rare-earth deposits. CRML also owns the Wolfsberg Lithium Project in Carinthia, 270 kilometres south of Vienna, Austria, which makes the company a key player in the lithium-ion battery supply chain in Europe. With its geostrategic asset portfolio, the company is positioned to become a reliable and sustainable supplier of the critical minerals essential for defence applications, clean energy transition and next-generation technologies in the Western world. Netflix Inc (NASDAQ:NFLX, ETR:NFC) shares soared after the streaming service’s strong content slate saw it add a record 18.9 million subscribers during the fourth quarter ending the year with 302 million subscribers. Analysts had expected Netflix to add about 9 million subscribers, below the 13.1 million it added in the year-ago quarter. For Q4, Netflix reported earnings per share of $4.27 which topped estimates of $4.19. Revenue of $10.25 billion marked a 16% year-over-year increase and beat the consensus of $10.12 billion. Netflix said in a letter to shareholders that its Q4 slate outperformed even its high expectations. “Squid Game season 2 is on track to become one of our most watched original series seasons, Carry-On joined our all-time Top 10 films list, the Jake Paul vs. Mike Tyson fight became the most-streamed sporting event ever and on Christmas Day we delivered the two most-streamed NFL games in history,” the company said. For the first quarter, Netflix projected revenue growth of 11.2% to $10.42 billion and earnings per share of $5.58, missing Wall Street estimates of $10.5 billion and $5.96, respectively. For the full year, Netflix boosted its full-year revenue outlook to now expect revenue in the range of $43.5 billion to $44.5 billion, up from its earlier forecast of $43 billion to $44 billion. “We’re focused on improving all aspects of our service and, combined with the return in 2025 of our biggest shows (Squid Game, Wednesday and Stranger Things), we’re optimistic heading into the new year,” Netflix told shareholders. Additionally, Netflix announced a $15 billion stock buyback and announced it will be raising its prices starting on Tuesday with most plans in the US, Canada, Portugal and Argentina. Details about the price increases were not immediately available. Shares of Netflix surged 12.5% to $978 post-earnings.
- 01/22/2025
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Critical Metals Corp. Announces Commencement of Bitcoin Treasury Strategy and Related Financing to Acquire Up to $500 million of BTC
- NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners through its Tanbreez Greenland Rare Earth Mine and Wolfsberg Lithium Project, today announced its Board of Directors has approved a comprehensive bitcoin (“BTC”) treasury strategy, adopting BTC as a primary asset in its treasury program.
- 01/21/2025
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Encouraging Initial Drilling Results Reported from the Pense Critical Metals Project
- TORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV-SRI) ("Sparton" or the "Company") is pleased to report a number of material events: Sparton has received assay results from the initial drilling program on the Pense Critical Metals Project in northeastern Ontario, confirming the presence of critical metals and also gold mineralization on the property. The Company has exercised its option to acquire a 100% interest in the Pense Property.
- 12/17/2024
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Critical Metals Corp. Appointment of CFO and Board Transition
- NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today announced the appointment of Mr. Steven R Parkes as Chief Financial Officer following the agreed transition of Ms. Melissa Chapman from the role, effective 9 December 2024. The Company also announced that Ms. Carolyn Trabuco has stepped down from her position as an Independent Director of the Board.
- 12/10/2024
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Critical Metals Corp Confirms High-Grade Rare Earth Material at Its Tanbreez Project
- NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp (Nasdaq: CRML) (“Critical Metals Corp” or “the Company”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today provided a project update for the Tanbreez Greenland Rare Earth Mine (the “Tanbreez Project”), one of the world's largest rare earth assets located in Southern Greenland.
- 12/09/2024
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KEFI Gold awarded exploration licence in Ethiopia for critical metals
- KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) has been awarded an exploration licence for 100% of the Konso critical metals area in Ethiopia. Konson was previously explored by the Ethiopian Geological Survey, and by Brazilian giant Vale prior to its country exit in 2012 Vale identified large zones of copper and tantalum (plus lithium) which KEFI believes now warrant follow-up exploration for critical metals.
- 12/04/2024
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StrategX Provides Update on Critical Metals Exploration Activities at the Nagvaak Project, Nunavut, Canada
- Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") has mobilized and established key logistics for its 2025 exploration program at the Nagvaak Project ("Nagvaak"). Nagvaak represents a geological discovery with the potential to delineate a significant critical metals deposit on the Melville Peninsula.
- 12/03/2024
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Critical Metals Corp Discovers 147 PPM of Gallium at Its Tanbreez Project
- Initial results from drilling program demonstrate significant upside potential for foundational rare earth asset in Southern Greenland Initial results from drilling program demonstrate significant upside potential for foundational rare earth asset in Southern Greenland
- 11/26/2024
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European Lithium finalises Irish project purchase with CRML shares; appoints exploration expert
- As part of a broader strategy to expand into its namesake sector, European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has snapped up 100% ownership of the Leinster Lithium Project in Ireland. The acquisition, conducted through the purchase of LRH Resources Limited (LRHR) from Technology Metals plc (TM1), was executed via an all-scrip transaction involving only the transfer of shares held in Critical Metals Corp (CRML), a Nasdaq-listed company – no cash consideration was necessary. The Leinster Lithium Project spans two key zones south of Dublin: the North Leinster Block, covering 477 square kilometres across 15 prospecting licences, and the South Leinster Block, consisting of eight licences over 284 square kilometres. This project is strategically situated in the Leinster Granite Massif, a region associated with lithium-bearing spodumene pegmatites and shares a tectonic zone with the Blackstairs Lithium Project (a Ganfeng and International Lithium Corp joint venture). The acquisition aligns with European Lithium’s broader goal to establish a robust portfolio of critical minerals projects in Europe, supporting the European Union’s ambitions for sustainable supply chains essential to a low-carbon economy. Shares issued as consideration for the acquisition are subject to a lock-up period until February 28, 2025. “The acquisition shows our commitment to continue expanding in the European lithium sector and illustrates our capability to identify, secure and build in highly prospective lithium provinces, leveraging our world-class exploration and project development expertise,” EUR executive chair Tony Sage said. “This development is strategic for the European Union to establish the sustainable supply chains of the critical minerals essential for the transition to low carbon emission economy. “By using our shareholding in CRML to purchase this asset demonstrates the value of our investment in Critical Metals Corp.” To accelerate the project’s development, European Lithium has appointed experienced mining executive George Karageorge as executive general manager Exploration. Karageorge brings more than three decades of experience across commodities, including lithium, gold and base metals, and has held leadership roles in multiple ASX and TSX-listed companies. He was a founding geologist of Pilbara Minerals' Pilgangoora Lithium-Tantalum Project, now the world’s largest producer of hard-rock lithium. “I am delighted that European Lithium has been able to attract such a high calibre executive as George,” Sage said. “He brings significant experience in taking projects from exploration through to development and production, and his appointment will enable us to focus our attention on making another significant lithium discovery by building and developing a high-quality portfolio across Europe.” Nvidia did the unthinkable this week: dropped a set of earnings that offered a less rosy picture than analysts were hoping to see. And, as investors digested the latest financial results from the world’s most valuable company, The Gap and Target surprised with very different earnings. Here’s a look at some of the analyst commentary from a busy week:
- 11/25/2024
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Critical Metals And The Challenge Of Delivering Long-Term Value
- BMW Partnership: MOU with BMW could secure a significant upfront payment for Critical Metals Corp., supporting Wolfsberg. Heavy Losses: $147.5M loss in 2024, from high listing and finance costs without revenue. Debt and Dilution Risk: $63.4M in debt, with potential share dilution from warrants.
- 11/01/2024
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Critical Metals Corp Evolves Development Strategy for the Tanbreez Project
- Discovers two new high-grade areas of rare earth materials, increasing upside potential for foundational project Secures reliable and cost-effective power supply to enable efficient project roadmap NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today provided a project update for the Tanbreez Greenland Rare Earth Mine (the “Tanbreez Project”), one of the world's largest rare earth assets located in Southern Greenland. “The team continues to make remarkable strides at our rare earth project in Southern Greenland,” said Tony Sage, CEO and Executive Chairman of Critical Metals Corp. “We have identified two new high-grade areas that were not previously recorded or factored into the development strategy, significantly enhancing the upside potential of this foundational asset.
- 10/29/2024
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Critical Metals Corp Advances Development of the Tanbreez Rare Earth Mine
- Granted extension for exclusive Exploitation License from Greenland government Completes diamond drilling program; rare earth material samples sent for testing NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today provided a project update for the Tanbreez Greenland Rare Earth Mine (the “Tanbreez Project”), one of the world's largest rare earth assets located in Southern Greenland. The Tanbreez Project has been granted an extension for its Exploitation License from the Greenland Cabinet of Ministers and the Company completed its recently announced diamond drilling program.
- 10/15/2024
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Critical Metals Corp to Participate in Fastmarkets European Battery Raw Materials Conference 2024
- NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today announced that CEO and Chairman Tony Sage will participate in the Fastmarkets European Battery Raw Materials Conference 2024 which will be held in Amsterdam, Netherlands on September 16-18, 2024. Mr. Sage will speak on a panel discussion entitled “Will Europe Gain Self-Sufficiency in Lithium Refining?” on September 17 at 3:35pm CET/9:35am EDT.
- 09/16/2024
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Critical Metals Corp. Has Commenced Drilling at the Tanbreez Rare Earth Deposit
- Diamond Core Drilling program of 14 holes totalling ca. 2,200 meters to enhance feasibility analysis and advance the project's development roadmap Diamond Core Drilling program of 14 holes totalling ca. 2,200 meters to enhance feasibility analysis and advance the project's development roadmap
- 09/04/2024
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Hasetins Intensifies Exploration for Critical Metals
- Geneva, Switzerland--(Newsfile Corp. - August 19, 2024) - Hasetins announces an increase in exploration investment for critical metals across its global mining operations. The move is aimed at driving growth in production capacity and increasing the supply of these much needed metals across the globe.
- 08/19/2024
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Sparton Announces Diamond Drill Program and the Closing Of Private Placement Offering For its Quebec Critical Metals Exploration Programs
- Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV-SRI) (“Sparton” or the “Company”) is pleased to announce the final closing on July 17th, 2024, of the non-brokered private placement (the “Offering”) announced on June 17th, 2024, for gross proceeds of C$320,000. The Offering was closed in two tranches, one of $200,000, and one of $120,000.
- 07/18/2024
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Critical Metals Corp. Joins Russell 2000®, Russell 3000® and Russell Microcap® Indexes
- NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today announced that it has been selected for inclusion in the Russell 2000® Index, Russell 3000® Index, and the Russell Microcap® Index, effective at the open of US equity markets on Monday, July 1st, as part of the 2024 Russell indexes annual reconstitution.
- 06/28/2024
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Sparton Announces Closing of First Tranche of Private Placement Offering of C$500,000 for its Critical Metals Exploration Programs and Inclusion of Finders' Warrants for the Placement
- Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, June 26, 2024 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV-SRI) (“Sparton” or the “Company”) is pleased to announce the closing on June 26, 2024, of the first tranche of the non-brokered private placement (the “Offering”) announced on June 17, 2024, for gross proceeds of C$320,000. This release constitutes an amendment to the news release dated June 17, 2024, to include finders' warrants.
- 06/26/2024
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Critical Metals Corp. Completes Initial Investment for Tanbreez Acquisition, One of the Largest Rare Earth Deposits
- Advances plan to acquire critical asset for technology and defense industries in the western world, further de-risking transaction Advances plan to acquire critical asset for technology and defense industries in the western world, further de-risking transaction
- 06/18/2024
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Quebec Innovative Materials Corp. Applauds Canadian Government's Decision to Include Silicon on Critical Metals List and its Partner HPQ Silicon's Recent Milestones
- Lachute, Quebec--(Newsfile Corp. - June 18, 2024) - Quebec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("QIMaterials", "QIMC" or the "Company") proudly acknowledges and supports the recent decision by the Government of Canada to designate silicon as a critical metal. This move underscores the vital role that silicon plays in numerous industries, including electronics, renewable energy, and advanced manufacturing.
- 06/18/2024
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Sparton Announces Private Placement Offering of up to C$500,000 For its Critical Metals and Gold Exploration Programs
- Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, June 17, 2024 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV-SRI) (“Sparton” or the “Company”) is pleased to announce non-brokered private placements (the “Offering”) for gross proceeds of up to C$500,000. Up to 10,000,000 Flow-Through Shares (“FTS”) of the Company (each, a “FTS”) will be offered at a price of C$0.05 per FTS for proceeds of up to C$500,000.
- 06/17/2024
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Critical Metals Corp. Receives BMW Pre-Payment for the Wolfsberg Lithium Project
- NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals for the green energy transition, today announced that Bayerische Motoren Werkte Aktiengesellschaft (BMW) has transferred funds of US$15 million to ECM Lithium AT GmbH (ECM), a wholly owned subsidiary of Critical Metals Corp. This payment is in relation to the offtake of battery grade lithium hydroxide (LiOH) from the Wolfsberg Lithium Project in Austria which is to be offset against lithium hydroxide delivered to BMW. “We are pleased to move our partnership with BMW forward and look forward to supporting the production of their electric vehicles in Europe in the years to come, contributing to a more sustainable and domestic battery supply chain,” said Tony Sage, CEO and Executive Chairman of Critical Metals Corp. “This pre-payment further strengthens our balance sheet and will allow us to further advance our development strategy.
- 06/05/2024
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THE Mining Investment Event of the North, Quebec City - June 4-6, 2024 Welcomes Battery & Critical Metals Sponsor, Kinterra Capital Corp.
- Special Participant Government of Québec Platinum Sponsors Laurentian Bank Securities, National Bank Financial Markets Green Sponsor Battery & Critical Metals Sponsor: Kinterra Capital Corp Gold Sponsors First Phosphate, IBK Capital, O3 Mining Student Sponsors: Osisko Mining, Glencore Canada Silver Sponsors BMO Private Wealth, CSE, IR.INC Capital Markets Advisory, Mi3 Financial, PearTree Financial, Stifel, TMX Group Sustainable Sponsor: Osisko Gold Royalties Copper Sponsors Alliance Advisors, Amex Exploration, Brooks & Nelson, Cassels, CDPQ, Centre des congrès de Québec, Crux Investor, Digbee, Domco Group of Canada, Generation IACP, Global Business Reports, INFOR Financial, Out of the Box Capital, VRIFY Media & Partners BTV, Canadian Mining Magazine, CEO.CA; EBL Consultants, Ellis Martin Report, IR Mining Resource News, Kitco, MarketOne, Mining Discovery, Mining Network, Newsfile, The Northern Miner, The Prospector News, VID Media Incorporated Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - THE Mining Investment Event of the North (" THE Event "), Canada's Only Tier 1 Global Mining Investment Conference is pleased to welcome Kinterra Capital Corp. ("Kinterra") as THE Battery and Critical Metals Sponsor at THE Event, to be held in Quebec City, June 4-6, 2024. Kinterra represents an integral part of the Critical Metals sector with investments in the strategic critical minerals assets and associated infrastructure necessary to accelerate the energy transition in this country and globally.
- 05/15/2024
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Apex Critical Metals Corp. Appoints Joness Lang to the Board of Directors
- VANCOUVER, BC / ACCESSWIRE / May 15, 2024 / Apex Critical Metals Corp. (CSE:APXC) ("Apex" or the "Company"), is pleased to announce it has appointed Joness Lang as an independent director. Mr. Lang is an experienced executive leader with 15 years of corporate growth strategy and capital markets experience within the natural resource sector.
- 05/15/2024
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Critical Metals Corp Publishes Investor Presentation and Corporate Update
- NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals”), a leading mining company focused on critical metals and minerals for the green energy transition, today announced that an updated investor presentation is now available on the Investor Relations section of the Company's website. The presentation can also be viewed by clicking here.
- 05/07/2024
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Critical Metals Appoints Tony Sage as Chief Executive Officer
- Dietrich Wanke named President of European Operations to operationalize the Wolfsberg Lithium Project, a cornerstone asset for Europe's electric vehicle industry
- 04/22/2024
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Canada 'lost' the race to critical metals, these are the irreversible consequences: Frank Giustra & Pierre Lassonde
- (Kitco News) - Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, hosts Kitco Insights Interactive Mining Titans' Power Panel with Frank Giustra, CEO of Fiore Group, and Pierre Lassonde, Chairman Emeritus at Franco-Nevada.
- 04/01/2024
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The less critical metals - Matt Watson on why palladium, rhodium 'are really going to be challenged'
- (Kitco News) - The platinum group metals (PGM) basket is under strain, but that's due more to a decline in aggregate car sales rather than a shift toward electrification, says Matt Watson, founder of Precious Metals Commodity Management LLC., and host of Green Rush — a program that focuses on precious and critical minerals as they impact the clean energy transition.
- 03/22/2024
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StrategX Expands Nagvaak Critical Metals and Graphite Discovery with 45.6m Drill Core Interval
- Vancouver, British Columbia--(Newsfile Corp. - March 21, 2024) - StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") reports a 45.6-metre drill core interval within the identified 6-kilometre mineralized corridor rich in critical metals, which shows great potential in all directions. This interval is located 4 kilometres from the initial discovery drill hole which returned 58 metres of 2.63% copper equivalent as detailed in our previous press release (click here to view).
- 03/21/2024
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European Green Transition plans AIM float to target M&A of critical metals, renewables projects
- European Green Transition Ltd, an investment company looking to build a portfolio of ‘critical metals' mining, renewable energy and other “green economy” assets, is planning to float on London's junior market. It plans to raise funds to carry out what it says will be capital-efficient development programmes and acquire other assets.
- 03/18/2024
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Investors see copper as the top asset for 2024, with gold in second place; interest in critical metals cools at BMO's Global Metals, Mining & Critical Minerals Conference
- (Kitco News) - Investment sentiment in the commodity space is seeing a slight shift as investors pay more attention to copper and less to battery metals; meanwhile, gold and silver continue to plod along, according to the latest comments from analysts at BMO Capital Markets.The Canadian Bank just wrapped up its 33rd annual Global Metals, Mining & Critical Minerals Conference, and according to attendee surveys, copper was the metal with the most potential for 2024.“We did sense some signs of investor fatigue in waiting for 2024 copper price upside, though most agree that supply-side issues have changed underlying market expectations for this year.
- 02/29/2024
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Critical Metals (CRML) Executive Chairman on E.V. Outlook
- Critical Metals Executive Chairman Tony Sage joins Nicole Petallides to discuss ringing the NASDAQ's opening bell. He talks about how Critical Metals will trade on the NASDAQ under the ticker CRML.
- 02/28/2024
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