Critical Metals Corp (CRML) has released an update.

Critical Metals Corp. has announced a pivotal acquisition of a controlling stake in the Tanbreez Greenland Rare Earth Mine, positioning the company as a key player in reducing Western dependence on foreign rare earth elements (REEs). The move, worth up to $211 million, promises to unlock a sustainable and strategic supply of high-quality heavy rare earths for North America and Europe. The Tanbreez Project will become a cornerstone in the company’s portfolio, enhancing its ability to meet the growing demand for crucial minerals in the green energy transition.

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