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Critical Metals aims to lead global hafnium supply, challenging China's 75% market share by 2030.

Market News
12 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Critical Metals Corp plans to become a major global supplier of hafnium by 2030 through its Tanbreez Project in Greenland and a joint refinery in Romania. Hafnium demand is expected to rise nearly 70% by 2030 due to its use in aerospace, semiconductors, AI data centers, and nuclear technologies. Currently, China dominates 75% of the supply, but Critical Metals' output could reduce reliance on China and stabilize the market. The company expects to produce 130,000 tons of concentrate annually and refine 120–150 tons of hafnium per year, addressing a critical supply shortfall amid growing demand and limited global production capacity.

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