Critical Metals Corp. - Ordinary Shares (CRML)
8.1000
+1.0100 (14.25%)
NASDAQ · Last Trade: Oct 2nd, 7:30 PM EDT
EQNX::TICKER_START (OTCQX:APXCF),(CSE:APXC),(NASDAQ:CRML),(NYSE:IDR),(NYSE:LAC),(OTCQX:UURAF) EQNX::TICKER_END
Via FinancialNewsMedia · October 2, 2025
Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals
Palm Beach, FL – September 9, 2025 – Industry experts project that the global critical minerals market will continue maintaining substantial growth as it has in recent years. The global critical minerals market is experiencing unprecedented growth, primarily driven by the accelerating transition to clean energy technologies. According to the International Energy Agency (IEA), the market size of key energy transition minerals doubled over the past five years, aligning closely with the market size for iron ore mining. This surge is largely attributed to the tripling of lithium demand, a 70% increase in cobalt demand, and a 40% rise in nickel demand between 2017 and 2022, with clean energy applications accounting for significant portions of this demand. The sustainability of the global critical minerals market is increasingly influenced by governmental initiatives aimed at reducing environmental impact and enhancing resource efficiency. A recent report from DataM Intelligence projected that Critical Minerals Market Size reached US$ 328.19 billion in 2024 and is expected to reach US$ 586.63 billion by 2032, growing with a CAGR of 7.53% during the forecast period 2025-2032. The report said: “A notable trend in the critical minerals market is the increasing investment in mineral development, which witnessed a 30% rise in 2022 following a 20% increase in 2021. Lithium saw the sharpest investment increase at 50%, followed by copper and nickel. This investment surge is a response to the soaring demand for minerals like lithium, cobalt, nickel, and copper, driven by the deployment of clean energy technologies such as electric vehicles, wind turbines, and solar panels.” Active companies in the markets this week include: SAGA Metals Corp. (OTCQB: SAGMF) (TSX-V: SAGA), TMC the metals company Inc. (NASDAQ: TMC), Critical Metals Corp. (NASDAQ: CRML), Rio Tinto Group (NYSE: RIO), Empire Metals Limited (OTCQX: EPMLF) (LON: EEE).
Via FinancialNewsMedia · September 9, 2025
PALM BEACH, Fla., Oct. 02, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Rare Earth Elements are used to produce permanent magnets and battery alloys that are used in electric vehicle (EV) batteries, smart-phones, defense technology and other applications that require a very high strength-to-weight ratio and performance at high temperatures. For instance, neodymium and praseodymium based rare earth permanent magnets are used in manufacturing EV batteries. As per the International Energy Agency (IEA), the global sales of electric vehicles (EV) were about 14.2 million in 2023, compared to 10.5 million in the previous year. Rising demand for electric vehicles to reduce CO2 emissions is expected to propel the use of permanent magnets in the production of batteries. A report from Grand View Research said that the global rare earth elements market size was estimated at USD 3.95 billion in 2024 and is projected to reach USD 6.28 billion by 2030, growing at a CAGR of 8.6% from 2025 to 2030. The report said: “The usage of permanent magnets in the production of EV batteries is expected to drive the demand for rare earth elements over the forecast period. Neodymium and praseodymium based rare earth permanent magnets are majorly used for this purpose. A key growth opportunity for the rare earth elements industry is the concentration of rare earth elements in China, and the country’s ongoing monopolistic policies with regards to supply and prices. In addition to the supply dominance, the ongoing geopolitical tensions between China, the U.S., and Europe, new opportunities open up for producers from other countries such as the U.S., European countries, Australia, and Africa.” Active Companies in the mining industry this week include Apex Critical Metals Corp. (OTCQX: APXCF) (CSE: APXC), Critical Metals Corp. (NASDAQ: CRML), Ucore Rare Metals Inc. (OTCQX: UURAF) (TSX-V: UCU), Idaho Strategic Resources (NYSE American: IDR), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).
By FN Media Group LLC · Via GlobeNewswire · October 2, 2025
PALM BEACH, Fla., Sept. 09, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts project that the global critical minerals market will continue maintaining substantial growth as it has in recent years. The global critical minerals market is experiencing unprecedented growth, primarily driven by the accelerating transition to clean energy technologies. According to the International Energy Agency (IEA), the market size of key energy transition minerals doubled over the past five years, aligning closely with the market size for iron ore mining. This surge is largely attributed to the tripling of lithium demand, a 70% increase in cobalt demand, and a 40% rise in nickel demand between 2017 and 2022, with clean energy applications accounting for significant portions of this demand. The sustainability of the global critical minerals market is increasingly influenced by governmental initiatives aimed at reducing environmental impact and enhancing resource efficiency. A recent report from DataM Intelligence projected that Critical Minerals Market Size reached US$ 328.19 billion in 2024 and is expected to reach US$ 586.63 billion by 2032, growing with a CAGR of 7.53% during the forecast period 2025-2032. The report said: “A notable trend in the critical minerals market is the increasing investment in mineral development, which witnessed a 30% rise in 2022 following a 20% increase in 2021. Lithium saw the sharpest investment increase at 50%, followed by copper and nickel. This investment surge is a response to the soaring demand for minerals like lithium, cobalt, nickel, and copper, driven by the deployment of clean energy technologies such as electric vehicles, wind turbines, and solar panels.” Active companies in the markets this week include: SAGA Metals Corp. (OTCQB: SAGMF) (TSX-V: SAGA), TMC the metals company Inc. (NASDAQ: TMC), Critical Metals Corp. (NASDAQ: CRML), Rio Tinto Group (NYSE: RIO), Empire Metals Limited (OTCQX: EPMLF) (LON: EEE).
By FN Media Group LLC · Via GlobeNewswire · September 9, 2025