Core Viewpoint - Critical Metals Corp is advancing its strategic growth initiatives for 2025, focusing on critical metals and minerals essential for electrification and next-generation technologies, following a successful equity raise of $24.5 million [1][3]. Group 1: Project Development - The company is prioritizing the development of the Tanbreez Rare Earth Project in Southern Greenland and the Wolfsberg Lithium Project in Austria, positioning itself as a reliable supplier of essential metals for the West [2][9]. - For the Tanbreez Project, the company plans to ramp up pre-production activities and expects to release results from its 2024 field program by late March 2025, with a maiden SK-1300 compliant resource estimate anticipated by the end of Q2 2025 [4]. - At the Wolfsberg Lithium Project, the company aims to complete definitive feasibility studies for both the mine site in Austria and a lithium hydroxide plant in Saudi Arabia, developed in partnership with Arabian New Energy [5]. Group 2: Government Affairs and Support - The company has retained government affairs consultants to assist with engagement with U.S. and European authorities, anticipating government grant support based on submitted applications [7]. - The company is actively seeking to enhance its Board of Directors with experienced members to navigate the increasing government focus on critical mineral security in the U.S. [8]. Group 3: Corporate Governance - Critical Metals Corp plans to appoint two additional directors to its Board during Q1 2025, focusing on candidates with experience in U.S. federal government [8].
Critical Metals Corp. Outlines Strategic Growth Initiatives Following Successful Equity Raise