NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) ("Critical Metals Corp" or the "Company"), a leading critical minerals mining company, today announced that it has retained Clear Street as financial advisor to evaluate a range of value-maximizing pathways intended to align the Company's portfolio with its core strategic priorities and maximize value for shareholders. White & Case LLP is acting as legal advisor to Critical Metals Corp.
The review is centered on accelerating the development and advancement of the Company's flagship Tanbreez project in Greenland, one of the largest rare earth deposits in the world and a cornerstone asset in the Western critical minerals supply chain, while concurrently monetizing legacy, non-core, pending, and/or newly acquired assets that fall outside of the Company's strategic focus.
Alternatives under consideration could include:
Spin-off or separation of certain businesses
Sales of assets, joint ventures, strategic partnerships or alliances
Other transactions designed to surface value and redeploy capital toward the Company's core assets
There can be no assurance that this exploration process will result in any particular transaction or outcome. The Company does not currently intend to disclose further developments with respect to this process unless and until its Board of Directors approves a specific transaction or otherwise concludes the review of strategic alternatives.
Tony Sage, Chairman of CRML, commented:
"Tanbreez is our clearest path to creating durable, long-term shareholder value. By sharpening our focus on Tanbreez and pursuing value-maximizing outcomes for our non-core holdings, we intend to position Critical Metals Corp. as a premier pure-play Western source of heavy rare earths and other critical minerals essential to defense, energy, and advanced technology supply chains."
About Critical Metals Corp.
Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next-generation technologies for Europe and its Western world partners. Its flagship Project, Tanbreez, is one of the world's largest rare earth deposits and is located in Southern Greenland. The deposit is expected to have access to key transportation outlets as the area features year-round direct shipping access via deep water fjords that lead directly to the North Atlantic Ocean.
Another key asset is the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria. The Wolfsberg Lithium Project is the first fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure, and is expected to be the next major producer of key lithium products to support the European market. Wolfsberg is well positioned with offtake and downstream partners to become a unique and valuable asset in an expanding geostrategic critical metals portfolio.