Critical Metals Corp. (Nasdaq: CRML) has announced the acquisition of one of the largest known strategic stockpiles of ultra-high-purity (UHP) copper powder, a material essential for advanced defence, aerospace, and technology applications. The US$20 million transaction was executed entirely in shares at US$10 per share—a 40% premium to market—underscoring the strategic importance of this resource.
The deal, completed with Swiss Commodity RE, a European-based single-family office, provides CRML with exclusive access to a G7/EU-origin, fully traceable supply of UHP copper powder. This acquisition is a significant step toward reducing Western reliance on Russian and Chinese sources, historically dominant in this niche but critical segment.
Tony Sage, Chairman of Critical Metals Corp. commented, “Ultra-high-purity copper powder is a core input across the advanced defence, aerospace, energy, and semiconductor technologies that also depend heavily on rare earth elements. Securing this Western traceable stockpile strengthens CRML’s role as a key partner to these industries and enhances the strategic relevance of our broader portfolio, including Tanbreez.
“This acquisition immediately expands our Department of War (“DoW”) and North American Treaty Organization (“NATO”) supply capabilities, deepens customer engagement, and supports the development of our critical metals projects through a new non-dilutive and highly commercial opportunity, that benefits our shareholders.”
Ultra-high-purity copper powder (99.96%) is indispensable for high-performance applications where precision and reliability are non-negotiable. These include:
- Defence & Aerospace: high-density electronics, satellites, guidance systems
- Advanced Energy: solid-state batteries, power electronics
- High Technology: semiconductor fabrication, supercomputing, additive manufacturing
Global demand for UHP copper powder is accelerating, with analysts projecting 7–8% annual growth driven by these sectors. In many cases, UHP copper and rare earth elements are integrated within the same high-value components, making this acquisition a natural fit for CRML’s broader critical-metals platform.
CRML will issue 2 million ordinary shares at US$10 per share in exchange for 40 kilograms of UHP copper powder. This material, which commands prices between US$1,500 and US$2,500 per gram, is not exchange-listed and is reserved for specialized applications where performance is paramount.
By securing this stockpile, CRML strengthens Western industrial resilience and ensures dependable supply for allied defense and advanced manufacturing programs. The company also reinforces its ability to support customer R&D and production for complex systems, while continuing to advance its rare earth initiatives at Tanbreez.
To read more about this, please visit https://www.criticalmetalscorp.com/
For more articles like this, please visit https://www.theassay.com/
