Critical Metals Corp. Ordinary Shares ( CRML ) Nasdaq

Cena: 4.23 ( -6.83% )

Aktualizacja 07-24 22:00
Nasdaq
Branża: Industrial Materials

Notowania:


Opis firmy:

Critical Metals Corp to firma, której działalnością jest eksploracja litu. Ma jeden segment operacyjny, który odnosi się do eksploracji minerałów.

Informacje o spółce:
Sektor: Materiały podstawowe
Branża: Industrial Materials
Zatrudnienie: 4
Giełda: Nasdaq
Ilość akcji w obrocie: Brak danych
Ilość akcji: Brak danych
Debiut giełdowy: 2022-02-07
WWW: https://criticalmetalscorp.com
CEO: Mr. Antony William-Paul Sage B.Bus, B.Com., BCom, C.A., CA, FCPA, FTIA
Adres: None
Siedziba: None None
ISIN: VGG2662B1031
Wskaźniki finansowe
Kapitalizacja (USD) 417 087 221
Aktywa: 59 351 536
Cena: 4.23
Wskaźnik Altman Z-Score: 0.6
Słaby (wysokie ryzyko bankructwa)
Dywidenda: 0
P/E: -2.4
Ilość akcji w obrocie: Brak danych
Średni wolumen: 4 863 200
Ilość akcji 98 602 180
Wskaźniki finansowe
Przychody TTM 0
Zobowiązania: 78 460 334
Przedział 52 tyg.: 1.23 - 10.41
Piotroski F-Score: 1
Słaby (niska jakość finansowa)
EPS: -1.8
P/E branży: 14.6
Beta: 0.116
Raport okresowy: 2025-03-19
WWW: https://criticalmetalscorp.com
Zarząd
Imie i Nazwisko Stanowisko Wynagrodzenie Rok urodzenia
Mr. Antony William-Paul Sage B.Bus, B.Com., BCom, C.A., CA, FCPA, FTIA Chairman of the Board & Chief Executive Officer 0 1960
Mr. Dietrich Lothar Wanke President of European Operations 0 1963
Ms. Melissa Kate Chapman A.C.I.S., AGIA, B.Com., C.P.A. Chief Financial Officer 0 1978
Lista ETF z ekspozycją na akcje Critical Metals Corp. Ordinary Shares
Symbol ETF Ilość akcji Wartość
IWM 815 957 2 627 382
IWN 193 841 624 169
IWO 125 910 405 430
IWC 77 535 249 662
VTWO 41 704 57 551
RSSL 17 493 49 505
VTWG 7 446 10 275
XSU.TO 5 869 25 765
UWM 3 259 11 341
URTY 2 705 9 413
HDG 40 139
Wiadomości dla Critical Metals Corp. Ordinary Shares
Tytuł Treść Źródło Aktualizacja Link
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. seekingalpha.com 2025-02-26 14:05:03 Czytaj oryginał (ang.)
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 globenewswire.com 2025-02-26 11:15:00 Czytaj oryginał (ang.)
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. seekingalpha.com 2025-02-19 14:44:11 Czytaj oryginał (ang.)
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. globenewswire.com 2025-02-11 10:30:00 Czytaj oryginał (ang.)
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 globenewswire.com 2025-02-06 12:11:00 Czytaj oryginał (ang.)
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. prnewswire.com 2025-02-06 03:10:00 Czytaj oryginał (ang.)
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. https://www.proactiveinvestors.com 2025-01-22 10:40:00 Czytaj oryginał (ang.)
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. globenewswire.com 2025-01-21 11:25:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-12-17 09:30:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-12-10 18:05:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-12-09 10:00:00 Czytaj oryginał (ang.)
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. proactiveinvestors.co.uk 2024-12-04 04:43:57 Czytaj oryginał (ang.)
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. newsfilecorp.com 2024-12-03 02:00:00 Czytaj oryginał (ang.)
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 globenewswire.com 2024-11-26 10:30:00 Czytaj oryginał (ang.)
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: https://www.proactiveinvestors.com 2024-11-25 09:18:00 Czytaj oryginał (ang.)
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. seekingalpha.com 2024-11-01 13:19:37 Czytaj oryginał (ang.)
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. globenewswire.com 2024-10-29 10:30:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-10-15 13:25:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-09-16 11:00:00 Czytaj oryginał (ang.)
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 globenewswire.com 2024-09-04 13:11:00 Czytaj oryginał (ang.)
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. newsfilecorp.com 2024-08-19 16:22:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-07-18 21:01:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-06-28 23:57:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-06-26 21:30:00 Czytaj oryginał (ang.)
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 globenewswire.com 2024-06-18 12:47:00 Czytaj oryginał (ang.)
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. newsfilecorp.com 2024-06-18 12:30:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-06-17 11:30:00 Czytaj oryginał (ang.)
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. globenewswire.com 2024-06-05 22:07:00 Czytaj oryginał (ang.)