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Critical Metals Corp. Announces the Appointment of Michael C. Ryan to Board of Directors
CRMLCritical Metals(CRML) Newsfilter·2025-02-26 14:15

Core Viewpoint - Critical Metals Corp has appointed Michael C. Ryan as an independent director, effective March 1, 2025, to enhance corporate governance as the company develops its Tanbreez Project in Greenland, which is significant for defense applications [1][2][3]. Company Overview - Critical Metals Corp (NASDAQ:CRML) is a mining development company focused on critical metals and minerals essential for electrification and next-generation technologies, particularly for Europe and its western partners [1][5]. - The company's flagship project, Tanbreez, is one of the largest rare earth deposits globally, with an estimated resource of 4.7 billion tonnes, including 28.2 million tonnes of total rare earth oxides [5]. - The Tanbreez Project is strategically located in Southern Greenland, providing year-round direct shipping access via deep water fjords to the North Atlantic Ocean [5]. Key Appointments and Expertise - Michael C. Ryan brings extensive experience from the U.S. Air Force and the Department of Defense, where he served as Deputy Assistant Secretary of Defense for European and NATO Policy [2][3][4]. - His military background and knowledge of defense policy are expected to enhance the company's governance and strategic direction, particularly in relation to defense applications of critical minerals [3][4]. Strategic Importance of Critical Minerals - Rare earth elements and critical minerals are vital for national security and defense applications, which are increasingly important for the West [4]. - The company aims to position itself as a reliable supplier of these essential materials, contributing to the clean energy transition and next-generation technologies [7]. Additional Projects - The Wolfsberg Lithium Project, located in Austria, is the first fully permitted lithium mine in Europe and is expected to be a major producer of lithium products for the European market [6]. - This project is strategically located with access to established infrastructure, enhancing its potential as a valuable asset in the company's critical metals portfolio [6].