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CRML Shares Surge 66% on $35M PIPE and Greenland Rare Earth Expansion

NASDAQ

CRML

October 6, 2025 | 2:04pm
CRITICAL METALS CORPORATION
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❇ ATTN Trigger: Stock is Soaring in price.
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As of October 6, 2025 2:04pm

Introduction

CRITICAL METALS CORPORATION (NASDAQ: CRML) is a mining company focused on the exploration and production of critical metals and minerals essential for electrification and next-generation technologies. Headquartered in Canada, the company’s flagship asset is the Wolfsberg Lithium Project in Carinthia, Austria, located approximately 270 km south of Vienna. Shares closed at US$ 13.25 on October 6, 2025, reflecting a 66.04% increase for the day, on a volume of 21,423,068, compared with an average daily volume of 5,381,825.

Corporate Structure

CRITICAL METALS CORPORATION does not publicly disclose its exact headcount, but its LinkedIn profile suggests a lean, multidisciplinary workforce. The company engages professionals across fields including geoscience, mining engineering, environmental science, and business to advance its projects. Senior management comprises individuals with experience in global supply chain development, project permitting, and mineral processing.

Lithium Mining

Lithium Mining by Dion Beetson

Developments and News

On October 5, 2025, the company entered into a PIPE (private investment in public equity) agreement to issue 5,000,000 ordinary shares at US$ 7.00 per share—raising US$ 35 million—and warrants to purchase 10,000,000 ordinary shares at US$ 7.00 per share, exercisable until October 5, 2031. The financing is anticipated to close on October 6, 2025. Concurrently, the company filed its annual 20-F report and an amendment to its Form 6-K with the SEC on October 6, 2025. Earlier in 2025, it amended an agreement to increase its ownership in the Tanbreez rare earth project in Greenland from 42% to 92.5%. In September 2025, CRITICAL METALS secured a 10-year off-take agreement with Ucore Rare Metals for rare earth concentrate intended for U.S. defense applications.

Financial and Strategic Analysis

After opening at US$ 8.24 on October 6, 2025, CRML shares traded within a range of US$ 7.88 to US$ 8.79 before midday trading. The 52-week trading range spans US$ 1.23 to US$ 9.89, with an intraday market capitalization estimated at US$ 787 million. For the trailing twelve months ending mid-year 2025, revenue was reported at US$ 476,980, while the company recorded a net loss of US$ 160.0 million, resulting in diluted EPS of –1.79. The balance sheet indicates US$ 149,480 in cash, a debt-to-equity ratio of 8.2%, and levered free cash flow of US$ 50.01 million. Management plans to utilize the PIPE proceeds to strengthen the capital structure, support ongoing exploration efforts, and address a previously unconsummated securities agreement (the BTC Agreement).

Market Position and Industry Context

CRITICAL METALS operates in a sector driven by increasing demand for lithium, rare earths, and other critical minerals utilized in electric vehicles, renewable energy storage, and defense systems. Its Wolfsberg Lithium Project is recognized as one of the first in Europe to receive a mining permit for lithium extraction. The increased stake in the Tanbreez project positions the company in Greenland’s rare earth production area. Supply chain security and geopolitical considerations are central to the company’s strategy, as Western consumers and governments seek alternatives to dominant suppliers located in Asia. With a beta of 1.20 and a price-to-book ratio of 10.85, CRML’s stock reflects both growth expectations and sector volatility.

tl;dr

On October 6, 2025, CRML shares increased by 66.04% to US$ 13.25 amid substantial trading volume. The company finalized a US$ 35 million PIPE financing, issued warrants for 10 million shares, and amended its ownership interest in a Greenland rare earth project to 92.5%. It also filed its 20-F and amended Form 6-K on the same date. Management plans to use proceeds to enhance the balance sheet, support exploration, and file for resale shares within 30 days. The demand for lithium and rare earths linked to electrification and defense supports its near-term outlook.

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