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WebsiteIntroduction
CRITICAL METALS CORPORATION (NASDAQ: CRML) is a mining and development company focused on supplying critical metals for electrification, national security, and next-generation technologies. As of October 10, 2025, the share price stood at $18.47, reflecting a 25.56% increase on the day, with 15,862,125 shares traded.
Corporate Structure and Expertise
According to its LinkedIn profile, CRITICAL METALS CORPORATION employs between 11 and 50 professionals with backgrounds in geology, environmental science, engineering, and business development. The management team oversees projects such as the Wolfsberg Lithium Project in Carinthia, Austria, located 270 km south of Vienna. The company operates as a foreign private issuer, reporting under Form 20-F and 6-K requirements with a primary listing on the Nasdaq Global Market.
Lithium Mining by Dion Beetson
Recent Developments and News
On October 5, 2025, the company closed a PIPE financing that issued 5,000,000 ordinary shares and warrants for up to 10,000,000 additional shares at an exercise price of $7.00, raising $35 million in gross proceeds. The proceeds are intended to fund the termination of an earlier securities purchase agreement (the “BTC Agreement”) and support the further development of project assets.
Two days later, on October 8, 2025, European Lithium Limited filed Amendment No. 3 to Schedule 13D/A, reporting ownership of 59,916,641 shares (53.2% of outstanding stock) and the sale of 3,000,000 shares for $21 million. This transaction reflects ownership dynamics that are evolving in advance of planned registration statements for the PIPE-issued shares.
Financial and Strategic Analysis
| Indicator | Value |
|---|---|
| Share Price (2025-10-10) | $18.47 (+25.56%) |
| Trading Volume | 15,862,125 |
| Market Capitalization | $798.68 M |
| Revenue (TTM) | $560.62 K |
| Net Income (TTM) | -$51.87 M |
| EPS (TTM) | -$0.56 |
| Total Cash (MRQ) | $7.3 M |
| Debt/Equity (MRQ) | 6.4% |
| Levered Free Cash Flow (TTM) | $10.22 M |
The company reported a net loss of $51.87 million over the trailing twelve months and does not currently show positive earnings per share. The debt-to-equity ratio is 6.4%, and the available cash is $7.3 million, indicating limited financial flexibility. Management has indicated that PIPE proceeds will be utilized to streamline prior agreements and advance the Wolfsberg Lithium Project, which is aimed at supplying lithium for European markets.
Market Position and Industry Context
Demand for lithium and other critical metals continues to grow due to the expansion of electric vehicles, energy storage systems, and advanced electronics. CRITICAL METALS CORPORATION competes with established miners and exploration firms in securing high-grade deposits. Its Wolfsberg asset, along with additional Austrian projects anticipated following a business combination with Sizzle Acquisition Corp., aligns the company with Europe’s strategy to reduce reliance on imports for strategic minerals.
tl;dr
CRML shares rose 25.56% to $18.47 on October 10, 2025, with high trading volume. On October 5, the company raised $35 million through PIPE financing (5 million shares plus warrants) to terminate a prior agreement and support project development. Two days later, European Lithium Limited reported holding 53.2% of CRML and selling 3 million shares for $21 million. Registration statements for the PIPE shares are due within 60 days, indicating upcoming capital market activities.
