Critical Metals (CRML)
Develops Tanbreez rare earths in Greenland and Wolfsberg lithium in Austria.
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Develops a pre-production critical-minerals portfolio centered on Tanbreez rare earths in Greenland and Wolfsberg lithium in Austria. Current work is still exploration and evaluation, with commercialization dependent on permitting conditions, financing, project execution, and offtake arrangements.
Develops critical-minerals projects rather than selling mined output today. The portfolio is led by Tanbreez, a heavy rare earth project in Southern Greenland with North Atlantic access, and Wolfsberg, a hard-rock lithium project in Carinthia, Austria.
Came to Nasdaq through a 2024 SPAC combination built around Wolfsberg, then added Tanbreez as the larger strategic focus after later ownership closings. Commercial activity centers on preparing future rare earth concentrate and lithium hydroxide supply for Western industrial, defense, battery, and technology chains.
Execution depends on moving exploration and evaluation assets into commercial production. Project financing, permitting conditions, definitive development work, product qualification, and offtake conversion shape the business until Tanbreez and Wolfsberg begin mineral extraction.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $80.9M · Total debt $20.3K · Total assets $267.3M · Shareholders' equity $143.9M
- Revenue
- $283.9K
- Operating income
- −$12.8M
- Net income
- −$60.2M
No dividends on record.
| Institutions | ≈ 20.40% | 29.96M shares | |
|---|---|---|---|
| 193 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 5.15% | 7.57M shares | |
| 8 holders · as of Mar 26, 2026 | |||
| Strategic holders | 31.00% | 45.54M shares | |
| 1 holder · as of Feb 5, 2026 | |||
| Other | ≈ 43.45% | 63.82M shares | |
| remainder | |||
146.89M company shares as of Aug 28, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
European Lithium LimitedStrategic | 31.00% | 45.54M | filed Feb 5, 2026 |
Alyeska Investment Group, L.P.Institution | 6.93% | 10.19M | filed May 15, 2026 |
Antony William Paul SageInsiderdirector, officer: Chief Executive Officer | 4.22% | 6.20M | filed Mar 18, 2026 |
BlackRock, Inc.Institution | 3.08% | 4.52M | as of Jun 30, 2026 |
Marex Group PLCInstitution | 2.46% | 3.61M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 24, 2026 | Mykhailo Zhernov | director | −25,000 | $8.04 |
| Mar 23, 2026 | Mykhailo Zhernov | director | −25,000 | $8.07 |
- MP Materials
U.S. rare-earth mine-to-magnet incumbent
- Albemarle
Global lithium chemicals incumbent
- Energy Fuels
U.S. rare-earth oxide and heavy-mineral-sands peer
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Critical Metals | $9.02 | −3.01% | $1.37B | — | — | — | +57.8% |
| MP Materials | $50.65 | +1.19% | $8.90B | — | 151.9 | 29.1 | +89.0% |
| Albemarle | $113.42 | +0.35% | $13.32B | — | 11.5 | 2.3 | +31.1% |
| Energy Fuels | $12.30 | −0.01% | $3.07B | — | — | 29.1 | +496.1% |
| Median | — | 81.7 | 29.1 | +89.0% |





