Critical Metals (CRML) to Acquire Tanbreez

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Critical Metals Corp. to Acquire Tanbreez, One of the World’s Largest Known Rare Earths Assets

June 10, 2024 6:00 AM EDT

Critical Metals Corp. has signed a binding heads of agreement to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine, one of the largest rare earth deposits in the world

The Tanbreez Project offers a foundational permitted rare earth asset in North America and Europe

With China dominating more than 90% of the REEs, Critical Metals Corp. acquisition of the mine strategically would establish it as a reliable supplier of critical minerals for the western world

First significant transaction... More