12:18 PM EST, 11/21/2025 (MT Newswires) -- Critical Metals (CRML) acquired a large strategic stockpile of ultra-high-purity copper powder for $20 million in shares from Swiss Commodity RE, a European-based single-family office.

The acquisition of 40 kilograms of the UHP 99.96% pure copper powder "secures a G7/EU-origin, fully traceable resource at scale, supporting Western industrial resilience and giving customers dependable access to a material central to innovation across defense and advanced manufacturing," Critical Metals said Friday in a statement.

Critical Metals will issue 2 million shares at $10 each. The copper powder is priced at $1,500 to $2,500 per gram, the company said.

The company expects UHP copper demand to grow 7% to 8% annually, driven by the defense, advanced energy, and semiconductor sectors.

Critical Metals shares rose 1.2% in recent Friday trading.

Price: 7.32, Change: +0.09, Percent Change: +1.18