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Critical Metals Takes Full Ownership of Greenland's Tanbreez Rare Earth Project

PUBT·11/11/2026 14:07:05
Critical Metals Takes Full Ownership of Greenland's Tanbreez Rare Earth Project
  • Critical Metals secured 100% ownership of Greenland’s Tanbreez rare earth project through its European Lithium acquisition, completed November 5, 2026.
  • Cash totaled approximately US$264.5 million at completion, supporting Tanbreez’s feasibility study, permitting and early works.
  • The definitive feasibility study is targeted for Q4 2027; securing mine construction financing remains a priority for that year.
  • First ore remains targeted for late 2028 to early 2029, subject to permitting, financing and construction progress.
  • A binding 15-year REalloys agreement covers up to 15% of annual concentrate production; other proposed offtake arrangements remain nonbinding.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Critical Metals Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611110905PRIMZONEFULLFEED9875414) on November 11, 2026, and is solely responsible for the information contained therein.