Critical Metals (CRML) provided a project update for the Wolfsberg Lithium Project, which is strategically located in Austria. Earlier this year, Critical Metals Corp and the Obeikan Group incorporated Arabian New Energy Corp, a 50%/50% joint venture company which is geared towards developing, constructing and commissioning a lithium hydroxide processing plant. DRA Projects is expected to update the financial model from the 2023 DFS for the mine and lithium concentrate converter. The updated DFS is expected to be completed in the first quarter of 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRML:
