US Critical Metals
US Critical Metals Corp. is a pre-revenue Canadian-domiciled exploration company developing a portfolio of U.S. critical mineral projects, including lithium (McDermitt East, Clayton Ridge in Nevada), uranium/vanadium (Long Canyon, Idaho), and cobalt (Haynes, Idaho), targeting future offtake supply to U.S. defense, EV, and clean energy customers.
- Company typePublic
- Founded2019
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What US Critical Metals does
US Critical Metals Corp. is a publicly traded, pre-revenue mineral exploration company (CSE: USCM; OTCQB: USCMF; FSE: 0IU) headquartered in Vancouver, British Columbia, with operations focused exclusively on the United States. The company holds a portfolio of discovery-stage critical mineral projects targeting lithium claystone, uranium and vanadium, cobalt, and rare earth elements across premier U.S. mining jurisdictions: the 6,508-acre McDermitt East Lithium Project and 100%-owned 3,600-acre Clayton Ridge Lithium Project in Nevada, the 70%-owned 535-acre Long Canyon Uranium and Vanadium Project and the Haynes Cobalt Project (~475 acres) in Idaho, and prior participation rights in the Sheep Creek Rare Earth Project in Montana (sold in February 2026). Core technical work consists of geological mapping, surface sampling, and drill programs targeting lithium-bearing claystone units in the McDermitt Caldera and Clayton Valley, polymetallic black shale horizons in the Phosphoria Formation, cobalt-copper-gold deposits in the Idaho Cobalt Belt adjacent to Jervois Global, and carbonatite-hosted rare earth mineralization. Notable sample results include up to 2,129 ppm lithium at McDermitt East, up to 20.1% Total Rare Earth Elements with 363 ppm gallium at Sheep Creek, and up to 9,066 ppm V2O5 and 598 ppm U3O8 at Long Canyon.
The company makes money by advancing exploration assets toward resource definition and ultimately selling or offtaking critical mineral production to defense contractors, electric vehicle manufacturers, clean energy companies, and U.S. government entities; current revenue is zero and the business is funded through equity private placements, including a US$510,000 raise in 2025 and a 2023 brokered placement issuing 11,500,000 warrants. The go-to-market approach centers on securing long-term offtake agreements directly with strategic downstream buyers, complemented by a modest investor relations program that uses press release distribution (Newsfile Corp.), an investor relations website, third-party marketing (Think Ink, up to US$250,000 over six months), and social media. Customer segments are explicitly defined as U.S. Government and Defense, Electric Vehicle Manufacturers, and the Clean Energy Sector, with stated reliance on individual U.S. critical mineral independence goals rather than on contracted recurring revenue.
US Critical Metals firmographics
Firmographics- Name
- US Critical Metals
- Legal name
- US Critical Metals Corp
- Website
- https://uscmcorp.com
- Company type
- Public
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- US Critical Metals Corp. is a pre-revenue Canadian-domiciled exploration company developing a portfolio of U.S. critical mineral projects, including lithium (McDermitt East, Clayton Ridge in Nevada), uranium/vanadium (Long Canyon, Idaho), and cobalt (Haynes, Idaho), targeting future offtake supply to U.S. defense, EV, and clean energy customers.
- Ownership category
- akta.pro rank
US Critical Metals industry classification
Industry- Product category
- Critical Minerals Mining
- NAICS
- Other Metal Ore Mining (212290), Copper, Nickel, Lead, and Zinc Mining (212230)
- SIC
- Metal Mining (1000), Miscellaneous Metal Ores (1090)
- akta.pro primary industry
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
- akta.pro secondary industries
- Precious Metals Exploration & Project Development (IMAKAEAI), Battery & Critical Minerals Trading (Lithium, Cobalt, Graphite, Manganese, Rare Earths) (IMAKAJAE), Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)
Keywords
Where US Critical Metals is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
US Critical Metals business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Equity Financing: Pre-revenue exploration stage company that raises capital through private placement offerings to fund exploration activities and project development.
- Future Offtake Agreements: Planned future revenue from selling or offtaking critical mineral production (lithium, uranium, cobalt, rare earths) to defense contractors, EV manufacturers, clean energy companies, and government entities once projects reach production.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
US Critical Metals product offering
Product offeringCore offering
US Critical Metals Corp. is a publicly traded exploration-stage mining company that acquires, explores, and advances critical mineral properties in the United States. The company holds a portfolio of discovery-focused projects targeting lithium (Nevada), uranium and vanadium (Idaho), cobalt (Idaho), and rare earth elements (Montana). It intends to monetize through future offtake agreements with defense contractors, EV manufacturers, clean energy companies, and government entities once projects advance to production.
Product overview
US Critical Metals Corp. is a mining exploration company that does not offer a unified software product or platform. Instead, the company operates a portfolio of five discovery-focused critical mineral exploration projects across the United States: the McDermitt East Lithium Project (Nevada) and Clayton Ridge Lithium Project (Nevada) for lithium exploration; the Long Canyon Uranium and Vanadium Project (Idaho) for nuclear energy metals; the Haynes Cobalt Project (Idaho) for battery technology metals; and the Sheep Creek Rare Earth Project (Montana, via joint venture with US Critical Materials Corp.) for rare earth elements. These projects collectively target commodities essential to U.S. electrification, national security, and the energy transition.
Differentiator
Problem solved
Functional benefit
Products and services
- McDermitt East Lithium Project A lithium exploration project spanning 6,508 acres of Bureau of Land Management claims within the McDermitt Caldera in Nevada, located approximately 19 kilometers from Lithium Americas' Thacker Pass project, targeting lithium-bearing claystone deposits with preliminary surface samples up to 2,129 ppm lithium.
- Clayton Ridge Lithium Project A 100%-owned lithium claystone property covering approximately 3,600 acres (180 contiguous claims) in a hanging basin above Clayton Valley, Nevada, with initial grab samples up to 950 ppm lithium and lithium-bearing claystone units mapped over approximately 7 kilometers.
- Long Canyon Uranium and Vanadium Project A uranium and vanadium exploration asset in Idaho where USCM holds 70% interest, comprising 27 unpatented mining claims covering approximately 535 acres on BLM and USFS land, with modern exploration confirming anomalous uranium values up to 3,985 ppm in soil samples and vanadium up to 9,066 ppm V2O5.
- Haynes Cobalt Project A primary cobalt project located in the Idaho Cobalt Belt covering approximately 470 acres (23 contiguous claims) adjacent to Jervois Global's Idaho Cobalt Operations, targeting cobalt-copper-gold deposits in the historic Blackbird Mining Camp with historical drilling reporting up to 1.77m of 0.53% cobalt.
- Sheep Creek Rare Earth Project A rare earth elements project in southwestern Montana (Ravalli County) originally operated in partnership with US Critical Materials Corp., spanning 223 lode claims representing approximately 4,500 acres, targeting carbonatite-hosted rare earth mineralization with sample results up to 20.1% Total Rare Earth Elements (TREE) and 363 ppm gallium.
Quantifiable outcome
- Lithium grades up to 2,129 ppm confirmed at McDermitt East, supporting potential maiden drill program in 2026
- +2 more outcomes
Companies that use US Critical Metals
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
US Critical Metals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
US Critical Metals partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Envirotech Drilling LLCminorDrilling services agreement for 2026 exploration program at McDermitt East Lithium Project in Nevada. Initial planned scope of approximately 1,000 meters of reverse circulation drilling.
- REalloys Inc.coreStrategic alliance between USCM and REalloys to develop domestic rare earth supply chain in the U.S. Includes advancing metallurgical test work, negotiating long-term offtake agreement for up to 10% of Sheep Creek production, and developing environmentally conscious processing technology. REalloys is building North America's only integrated heavy rare earth metallization platform.
- US Critical Materials Corp.coreJoint venture partnership for Sheep Creek Rare Earth Project in Montana. USCM previously held participation rights; sold all rights in February 2026 for $1M USD and 500,000 shares while retaining shareholder position. Project contains highest-grade rare earth deposit in U.S. averaging approximately 9% TREO with confirmed dysprosium and terbium.
- Live Energy Minerals Corp.coreOption agreement with Live Energy Minerals and subsidiary Lithium Valley Holdings for McDermitt East Lithium Project. USCM acquired initial 50% interest with option to acquire remaining 50%. Upon completion, USCM holds 100% interest subject to 2% NSR royalty.
- IDEX Metals Corp.minorTechnical partnership for Long Canyon Uranium and Vanadium Project. IDEX/Idaho Silver provides technical team with deep experience and exploration success in the Idaho region.
- Think Ink Marketing Data and Email Services Inc.minorMarketing and public relations contract up to USD $250,000 over six months to provide investor relations and marketing services including creation and distribution of marketing materials and paid advertisements.
Scale indicators7 records
Recent moves9 records
Expansion highlights5 records
US Critical Metals competitors and assessment
Company assessmentDirect peers
- Uranium Energy Corp: Uranium Energy Corp is a direct peer for USCM's Long Canyon Uranium and Vanadium Project in Idaho, pursuing similar ISR and conventional uranium development strategies in U.S. jurisdictions to supply nuclear fuel markets.
- Ioneer Ltd: Ioneer is developing the Rhyolite Ridge lithium-boron project in Nevada, making it a direct peer for U.S. domestic lithium development under the Inflation Reduction Act framework that supports USCM's Nevada lithium projects.
- Cypress Development Corp: Cypress Development is a direct peer targeting lithium claystone at its Clayton Valley project in Nevada, directly analogous to USCM's Clayton Ridge Lithium Project and pursuing similar extraction flowsheets for battery-grade lithium.
- Lithium Americas Corp: Lithium Americas is the most directly comparable peer: it is advancing the Thacker Pass project in the McDermitt Caldera, immediately adjacent to USCM's flagship McDermitt East Lithium Project. Both companies target lithium claystone in the same geological setting for the U.S. EV battery supply chain.
- Standard Lithium Ltd: Standard Lithium is a direct peer developing lithium brine resources in the Clayton Valley/Smackover formation directly adjacent to USCM's Clayton Ridge Lithium Project. Both pursue lithium extraction in Nevada for EV battery markets.
- Jervois Global Ltd: Jervois operates the Idaho Cobalt Operations in the Idaho Cobalt Belt, adjacent to USCM's Haynes Cobalt Project. Both target cobalt-copper-gold mineralization in the historic Blackbird Mining District for battery and defense markets.
Regional players
- Idaho Strategic Resources Inc: Idaho Strategic Resources operates as a regional gold and critical minerals producer in Idaho, overlapping with USCM's Long Canyon and Haynes project geography and providing direct comparability for permitting, infrastructure, and offtake dynamics in the state.
Broad incumbents
- Energy Fuels Inc: Energy Fuels is a larger U.S.-focused critical minerals incumbent producing uranium, vanadium, and rare earths at industrial scale. Its White Mesa Mill in Utah could potentially serve as a processing destination for USCM's Long Canyon uranium-vanadium and historical Sheep Creek feedstock.
- MP Materials Corp: MP Materials operates the Mountain Pass rare earth mine in California, the only scaled U.S. REE producer. It represents the benchmark U.S. REE incumbent against which downstream USCM-aligned feedstock via REalloys would compete or complement.
Emerging players
- U.S. Critical Materials Corp: U.S. Critical Materials is USCM's former joint venture partner on the Sheep Creek REE Project in Montana. They are an emerging REE-focused private peer pursuing similar domestic rare earth supply chain objectives with the same high-grade carbonatite target USCM has now divested into.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
US Critical Metals social profiles
Digital presenceUS Critical Metals financial estimates
Financial estimateRevenue estimate
Valuation estimate
US Critical Metals leadership team
Management profileNumber of profiles
Profiles7 records
US Critical Metals subsidiaries and ownership
Company hierarchySubsidiaries1 record
US Critical Metals funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
US Critical Metals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about US Critical Metals
What does US Critical Metals do?
US Critical Metals Corp. is a publicly traded exploration-stage mining company that acquires, explores, and advances critical mineral properties in the United States. The company holds a portfolio of discovery-focused projects targeting lithium (Nevada), uranium and vanadium (Idaho), cobalt (Idaho), and rare earth elements (Montana). It intends to monetize through future offtake agreements with defense contractors, EV manufacturers, clean energy companies, and government entities once projects advance to production.
Is US Critical Metals a public or private company?
US Critical Metals is a public company. It is classified as public and is currently operating.
When was US Critical Metals founded?
US Critical Metals was founded in 2019. It employs 1 to 10 people.
Where is US Critical Metals based?
US Critical Metals is headquartered in Vancouver, Canada, in the North America region.
How does US Critical Metals make money?
Two revenue lines are on record. Equity Financing is the primary driver. The others are future Offtake Agreements.
Who are US Critical Metals's main competitors?
Direct peers on record are Uranium Energy Corp, Ioneer Ltd, Cypress Development Corp, Lithium Americas Corp, Standard Lithium Ltd and Jervois Global Ltd. Idaho Strategic Resources Inc is listed as a regional player. Broad incumbents are Energy Fuels Inc and MP Materials Corp. U.S. Critical Materials Corp is listed as an emerging player.
Does US Critical Metals have an API?
No public API is recorded for US Critical Metals.
What industry is US Critical Metals in?
US Critical Metals's product category is Critical Minerals Mining. Its primary akta.pro industry code is IMAKAFAL, Exploration & Resource Development (Critical Minerals), with a secondary code of IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 212290 and its SIC code is 1000.