Critical Metals projects proposed Romania rare earth refinery revenue at up to US$2.2 billion a year

• Critical Metals detailed a Romania joint-venture refinery plan tied to Tanbreez, targeting 100,000 tons/year of eudialyte concentrate feed.
• Refinery model projects about USD 2.2 billion in annual revenue, NPV10 of about USD 4.5 billion, IRR about 55%.
• Preliminary capex estimate set at USD 1.85 billion, with a modeled payback period of about two years.
• Process targets 27,943 tons/year of rare earth and critical metal products, with >99% dissolution of eudialyte concentrate into 19 products.
• Silica by-product output modeled at 25,670 tons/year, with revenue potential near USD 600 million; tailings targeted near 1%.

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