Critical Metals, headquartered in Leederville, Australia, focuses on lithium mining and development, with its flagship Wolfsberg Lithium Project being Europe's first fully permitted lithium mine. The company went public on November 4, 2021, and also holds a 20% interest in other Austrian mineral projects.
CRML has been in the news recently: Gainers experienced a 15% revenue increase in Q3 2023, primarily due to strong sales in a new product line related to critical metals. Veteran economist Jeremy Siegel advocates for the establishment of a U.S. strategic reserve of rare earth materials to lessen reliance on China amidst rising trade tensions.
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