Critical Metals Corp gains approval to drill for lithium in Austria, boosting project potential.

Critical Metals Corp has secured approval for drilling in Zone 2 of its Wolfsberg Lithium Project in Austria, which could unlock additional value. The company's joint venture, Arabian New Energy Corp, is developing a lithium hydroxide plant in Saudi Arabia expected to produce up to 20,000 metric tons. Critical Metals is also advancing discussions for financing and off-take partnerships. The stock closed at $6.27, down 3.09%.

November 14, 2024
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