Will Critical Metals bring critical metals to the Global markets?
“…Only a handful of companies will be able to supply the resources essential for modern economies. Critical Metals is one of them…”
It’s time to stop being beholden to China and its status as supreme exporter of the rare earths essential for technological development and economic growth.
Hark back to 1987 when Deng Xiaoping, leader of the People’s Republic of China said: “The Middle East has its oil, China has rare earths.” Fast forward to October 2020 and The Asia Times Financial reports that rare earth exports from China dropped by 43% in September. Stockpiling, it suggested, had begun.
This comes as no surprise to Critical Metals chief executive Russell Fryer who three years ago cross referenced the commodity needs of major economies, and his database was literally worth its weight in gold. He had identified what tertiary minerals were required, where the deficits were and crucially where supplies were located.
Along with a stellar board he established Critical Metals dedicated to unearthing the elements required for the global tech economy; he patiently waited for the right time to list the company dodging the distractions of Brexit, UK parliamentary elections and Covid-19 and raised enough to embark on polymetallic ventures that will generate multiple revenue streams akin to the blue chip mining majors. Critical Metals is going to be a ‘Mini Big Boy’ with multiple streams of EBITDA.
Russell expands further with Sarah Lowther about the company’s ambition to become a dividend paying dual-listed entity that will provide investors with income, and governments with rare commodities…
Below, Russell catches up with Proactive Investor’s Christine Corrado about listing on London’s main market after the completion of an £800,000 fundraise at 5p per share.
Click here to access the corporate presentation released Sept. 2020
The author was remunerated but does not hold shares in the company
