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Stock impact report

Critical Metals Corp. Accelerates the Development of the Tanbreez Project With an Immediate $30 Million Strategic Program to Advance One of the World’s Largest REE Deposits Towards Product...

Critical Metals Corp. (CRML) 
Company Research Source: GlobeNewswire
NEW YORK, March 10, 2026 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, today announced that its Board of Directors has approved a $30 million acceleration program to de-risk and fast-track the development of the Tanbreez HREE Project in Greenland, one of the world’s largest known rare earth deposits. The strategic program will significantly advance drilling, infrastructure, engineering design and metallurgical programs, accelerating Tanbreez towards a target of first ore production in Q4 2028 or Q1 2029, with concentrate export beginning by Q3 2029. With global demand for rare earth elements rising rapidly due to electrification, renewable energy expansion, and advanced technology manufacturing, the Company believes Tanbreez has the potential to become the most important new sources of heavy rare earth elements for Western markets in decades. Major Strategic Acceleration Plan The ne Show less Read more
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