Critical Metals Corp. (NASDAQ: CRML) announced the appointment of Thomas "TYT" Mogensen as chief executive officer of Tanbreez Mining A/S, according to a company press release.

Mogensen brings more than 20 years of leadership experience in finance, infrastructure and natural resources across Greenland and the Nordic region. He most recently served as managing director of Nalik Ventures A/S, the Greenlandic government's business development company, where he led a turnaround that improved financial performance from a loss of 88 million Danish kroner to a profit of 28 million kroner.

Prior roles include business director at BankNordic, where he expanded market share in Greenland's business segment, and CEO of NIRAS Greenland, where he increased turnover by approximately 200%. He also held positions at Greenland Development A/S and Royal Arctic Line A/S.

Mogensen holds a bachelor's degree in business administration from Aalborg University and has completed training in financial management, project finance and leadership.

"Mogensen's extensive experience in Greenland's business environment, combined with his proven ability to deliver strong financial and operational results, makes him the ideal leader to guide Tanbreez through the development stage of our world-class rare earth project," said Tony Sage, chairman of Critical Metals Corp.

Critical Metals Corp. develops critical metals and minerals projects. Its Tanbreez project in southern Greenland is described as one of the world's largest rare earth deposits. The company also operates the Wolfsberg Lithium Project in Austria.