Critical Metals Corp. Acquires Major Ultra-High-Purity Copper Powder Stockpile in $20M All-Share Deal
Critical Metals Corp. has completed the acquisition of one of the largest known G7 and EU-origin secured stockpiles of ultra-high-purity copper powder, valued at US$20 million in an all-share transaction at US$10 per share, representing a 40% premium to the previous closing price. The deal provides the company with exclusive access to 40 kilograms of 99.96% pure copper powder, a material vital for advanced defense, aerospace, and semiconductor applications. With this acquisition from a European-based single family office, Critical Metals Corp. strengthens its position as a key supplier to Western allied militaries and advanced technology markets, further supporting its broader critical materials platform and ongoing rare earth business.
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