Critical Metals aims to supply European cell manufacturers with battery metals sourced from within Scandinavia. It will do this via urban mining (the recycling of rechargeable batteries) and traditional mining (the extraction of mineral deposits). Critical Metals is a Scandinavian based organisation making a positive contribution to society and providing great returns to shareholders.
The Company will fund its operations through cash generated from future production, equity placements at increasing valuations, the sell down of project equity and royalty streams. It is anticipated that first production will be from urban mining in 2022 followed by production from traditional mining projects thereafter. Income will principally be sourced from recycling rechargeable batteries and capital growth will be generated by the discovery of economic mineral deposits.
Critical Metals aims to provide outstanding returns to shareholders via share price appreciation and distributions of cash and equity.