Critical Metals to gain 92.5% control of Tanbreez Project [Yahoo! Finance]
Critical Metals Corp. - Ordinary Shares (CRML)
Company Research
Source: Yahoo! Finance
This transfer solidifies the company's control over one of the world's largest rare earth deposits. European Lithium (EUR) continues to hold a 7.5% interest in Tanbreez and 37.5% in CRML. The development allows CRML, along with EUR, to assume full operational control of the Tanbreez project. Located in southern Greenland, Tanbreez contains all eight essential heavy rare earth elements (HREEs) crucial for defence, clean energy and advanced technologies. The site benefits from year-round shipping access to the North Atlantic via deep-water fjords, providing a logistical edge over other projects. The recent government approval eliminates a key obstacle to development, significantly reducing risks for CRML's production plans. CRML has recently undertaken initiatives to further the project's development. These include a metallurgical breakthrough in March 2026 that improved concentrate grades and the majority acquisition of 60° North Greenland to bolster local operations.
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CRML
News
- “Game-changing moment” European Lithium's Critical Metals takes control of Tanbreez [Yahoo! Finance]Yahoo! Finance
- Greenland again a focus as Critical Metals ups rare-earths stake [Yahoo! Finance]Yahoo! Finance
- Critical Metals Corp: New Clarity And Momentum At Tanbreez For This Emerging HREE Miner [Seeking Alpha]Seeking Alpha
- Critical Metals (CRML) was upgraded by Texas Capital to "strong-buy".MarketBeat
- Greenland Government Approves Transfer of Final 50.5% of Tanbreez, Taking Critical Metals Corp. to 92.5% OwnershipGlobeNewswire
CRML
Sec Filings
- 4/17/26 - Form 425
- 4/17/26 - Form 8-K
- 4/13/26 - Form 425
- CRML's page on the SEC website