Critical Metals Corp. Secures Two-Year Extension for Wolfsberg Mining License

Reuters01-30 22:00

Critical Metals Corp. Secures Two-Year Extension for Wolfsberg Mining License

Critical Metals Corp. has announced that the Austrian government has renewed its Wolfsberg mining license for an additional two years. Despite incorrect media reports suggesting otherwise, the extension allows the company to continue advancing its lithium project in Austria. A final decision on whether to commence mining operations will be made by the end of 2026, contingent on lithium market conditions and financing availability. The renewal comes amid a strong rebound in lithium prices, driven by growing demand from energy storage, robotics, and electric vehicle sectors, positioning the Wolfsberg project to attract further investment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Critical Metals Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9646151-en) on January 30, 2026, and is solely responsible for the information contained therein.

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