CRML Critical Metals Corp
Price Chart
Executive Summary
Critical Metals Corp. closed the transfer of the remaining 50.5% interest in Tanbreez Mining Greenland, bringing its total ownership to 92.5%, and issued 14.5 million shares. The company also announced a non-binding letter of intent to acquire European Lithium Ltd. to consolidate the remaining 7.5% interest. This gives CRML near-total control of one of the world's largest heavy rare earth deposits, a significant strategic asset for Western supply chains.
Actionable Insight
CRML now controls 92.5% of Tanbreez, a top-tier heavy rare earth deposit. Monitor for a binding acquisition agreement with European Lithium Ltd. to reach 100% ownership. The stock may re-rate on the strategic value of a Western-aligned rare earth supply chain. Watch for production timeline updates.
Key Facts
- Closed transfer of remaining 50.5% interest in Tanbreez Mining Greenland, bringing total ownership to 92.5%.
- Issued 14,500,000 shares of ordinary stock in connection with the closing.
- Announced non-binding letter of intent to acquire European Lithium Ltd. (ASX: EUR) to consolidate the remaining 7.5% interest.
- Tanbreez is one of the world's largest known deposits of heavy rare earth elements, essential for defense, clean energy, and advanced technology.
- European Lithium Ltd retains 7.5% interest; no guarantee of binding acquisition agreement.
Financial Impact
14.5 million shares issued; deal value undisclosed. Tanbreez is a world-class rare earth deposit with significant strategic value.
Risk Factors
- Non-binding LOI for European Lithium acquisition may not lead to a binding agreement.
- Dilution from 14.5 million shares issued; further dilution possible if acquisition proceeds.
- Greenland mining operations face regulatory, environmental, and geopolitical risks.
- No production timeline or revenue guidance provided; pre-revenue development stage.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3284849 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 18, 2026
22d ago
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Press Release
| $10.51 $11.74 | ▲ +11.70% | ▲ +10.08% | $9.41 (−10.47%) |
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May 7, 2026
4w ago
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Press Release
| $12.85 $11.46 | ▼ −10.82% | ▼ −12.32% | $9.41 (−26.77%) |
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May 5, 2026
5w ago
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Press Release
| $13.31 $12.09 | ▼ −9.17% | ▼ −11.15% | $9.41 (−29.30%) |
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Apr 30, 2026
5w ago
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Press Release
| $12.73 $13.93 | ▲ +9.43% | ▲ +7.70% | $9.41 (−26.08%) |
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Mar 23, 2026
11w ago
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Press Release
| $8.26 $6.67 | ▼ −19.25% | ▼ −15.69% | $9.41 (+13.92%) |
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Mar 4, 2026
13w ago
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EFFECT
| $10.02 $9.70 | ▼ −3.19% | ▼ −1.86% | $9.41 (−6.09%) |
US Market Status
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