Critical Metals Corp. (CRTMF): announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

31 Mar 2025resource reserve update▲ GoodMajor

On March 31, 2025 the company released an independent preliminary economic assessment of Tanbreez, estimating a net present value of about US$3 billion (US$2.8-3.6 billion at 15% and 12.5% discount rates, before tax) and an internal rate of return of about 180%, based on the roughly 45 million ton resource. The company says it holds 42% of Tanbreez, plans to spend $10M on exploration by end-2025, and would then have the option to reach 92.5% by issuing shares worth $116M; a definitive feasibility study is expected by end-2025. These are projections from a preliminary study, not a funded plan.

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17 Mar 2025drilling result▲ Good

On March 17, 2025 the company published drilling results at Tanbreez: two historical deep holes drilled by Rimbal in 2007 and 2010 (to 338m and 243m) showed average grades of about 0.42% and 0.44% total rare earth oxides, similar to the first 2024 confirmation hole (A1-24). Results from the other 15 holes of the Sept-Nov 2024 program are still awaited, and the company is re-assaying old samples. The release says the company holds a 42.5% interest in Tanbreez, with the move to 92.5% requiring $10M of investment and $116M of new shares to Rimbal (the 6-K itself does not restate that).

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13 Mar 2025resource reserve update▲ GoodMajor

On March 12, 2025 the company obtained its first formal US-standard (S-K 1300) technical report on the Tanbreez rare earth project in Greenland, prepared by Agricola Mining Consultants. It estimates a resource of about 45 million metric tons at 0.4% total rare earth oxides, roughly 27% of it heavy rare earths, within a 4.7 billion ton host rock. The company says it expects a further phase of verification work in Q2 2025, a preliminary economic assessment, and a definitive feasibility study by year-end 2025. This is the first independent resource figure for the project the company has been moving to acquire, and the plans are expectations, not completed work.

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