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0 0.00233826968043643 0.00623538581449728 0.00623538581449728 0.00545596258768513 0.0109119251753703 0.0085736554949337 0.0140296180826188
Stock impact report

Austrian Government renews Wolfsberg mining licence for two years [Yahoo! Finance]

Critical Metals Corp. - Ordinary Shares (CRML) 
Company Research Source: Yahoo! Finance
Situated 270km south-west of Vienna in Carinthia, Austria, Wolfsberg is a large-scale hard rock lithium deposit with road and rail links for easy market access. Critical Metals said that a decision regarding the commencement of mining operations is anticipated by the end of this year. Over the past six months, the lithium sector has experienced a strong recovery, according to the US-based company. Key lithium compound prices have risen significantly from early 2025 lows, driven by tighter supply and strong demand growth. In China, battery-grade lithium carbonate prices have risen to approximately 168,000–170,000 yuan per tonne (t), or $23,000–24,000 per tonne equivalent reflecting gains of more than 40% in the past month and over 100% year-over-year in some benchmarks. Spodumene concentrate has also seen price increases, trading at around $2,000–2,168/t. The price surge signals a move away from earlier oversupply fears towards a more balanced market, with the possibility of Show less Read more
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