Critical Minerals Group Limited
CMG.AX
Australian Securities Exchange0.08
AUD
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Critical Minerals Group Limited
CMG.AX
(Australian Securities Exchange)
Recent
price
0.08
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
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- Critical Minerals Group Limited (ASX:CMG) is an Australian-based mineral exploration company focused on identifying and developing critical mineral projects essential for the energy transition and advanced technologies. The company offers exploration services, geological assessments, and resource evaluation targeting commodities such as lithium, rare earth elements, graphite, and other battery metals; it also provides project generation, joint venture partnerships, and early-stage development expertise across its portfolio of tenements. Operations span primarily Western Australia and Queensland, with headquarters in Perth, Australia, where the company was founded in 2023. Core products and services encompass a diversified suite of critical mineral assets, including the Webb Lake Graphite Project, Phillips Find Gold-Copper Project, and interests in lithium, nickel, and rare earth exploration licenses; the company specializes in low-cost, high-potential greenfield discoveries through proprietary targeting methods and strategic land acquisitions. It serves mining investors, joint venture partners, and off-take buyers in the global critical minerals supply chain, emphasizing scalable projects suitable for fast-tracked development. In the last 1-2 years, Critical Minerals Group has undergone significant expansion through multiple tenement acquisitions, including the 100% owned Phillips Find Project in the Paterson Province and strategic additions to its graphite portfolio; the company secured a A$7.2 million placement in late 2024 to fund aggressive exploration campaigns and formed key alliances with technical service providers for drill programs. Recent initiatives include the launch of a maiden drilling program at Webb Lake targeting high-grade graphite zones and a binding joint venture agreement for nickel-copper-PGE prospects, alongside a corporate reorganization to streamline its ASX listing and enhance capital access. These changes position the company for accelerated resource definition amid rising global demand for critical minerals.