Critical Metals Corp. Eyes Major Stake Increase in Tanbreez Mining

Critical Metals Corp ( (CRML) ) has issued an announcement.

Critical Metals Corp. has announced its potential increase in stake from 42% to 92.5% in Tanbreez Mining Greenland A/S, contingent upon a $10 million investment in exploration expenses over the next two years. This strategic move could significantly enhance Critical Metals’ position in the rare earth elements market, pending necessary governmental approvals and other conditions.

More about Critical Metals Corp

Critical Metals Corp. operates in the mining industry, focusing on critical minerals essential for modern technologies. The company is involved in exploration and development projects, with a significant interest in Tanbreez Mining Greenland A/S, which is a key player in the rare earth elements sector.

YTD Price Performance: -78.93%

Average Trading Volume: 522,098

Technical Sentiment Signal: Buy

Current Market Cap: $123.4M

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