Green Critical Minerals (ASX: GCM) is advancing its strategy to list in the United States after receiving positive feedback from a thorough assessment. The company sees North America as a key growth market, driven by increasing demand for advanced thermal management solutions used in data centres, semiconductor manufacturing, and high-performance computing. Green Critical Minerals is focused on developing graphite mineral resources and advanced graphite processing technologies. Its goal is to become a leading supplier of critical materials for advanced technologies.
The company plans to pursue a US listing in 2026. This decision follows a six-month due diligence program and the recent construction and commissioning of a commercial-scale Very High Density (VHD) graphite production plant in New South Wales. An evaluation confirmed significant market opportunities in the United Kingdom, Europe, and North America, reinforcing the benefits of a secondary listing.
Managing director Clinton Booth stated that a US listing would facilitate the company’s expansion into the North American market. This includes streamlining logistics, supporting product registration requirements, and strengthening engagement with North American customers. Mr. Booth added that the listing would broaden investor reach, unlock significant value, and enable the company to scale its product suite globally, while providing access to tech-focused capital markets.
During the June quarter, Green Critical Minerals reported positive results from computational modelling conducted by the Centre for Advanced Material Technology at the University of Sydney. The company also completed a pre-feasibility study for its McIntosh graphite project in Western Australia, which indicated economic viability with a 32.5-year mine life. An updated McIntosh mineral resource estimate showed a significant increase, reaching 32.6 million tonnes with 4.25% total graphitic carbon, making it the fourth-largest graphite resource in Australia. The company ended the period with $5.92 million cash on hand.
