Critical Metals surges on second US rare earth offtake deal for Tanbreez

Drill rig at Tanbreez project. Credit: Critical Metals Corp. Critical Metals Corp. (NASDAQ: CRML) has signed a letter of intent (LoI) with US-based rare earth processor REalloys for a ten-year offtake agreement covering 15% of production from its Tanbreez rare earth project in southern Greenland.This deal follows an August agreement with Ucore Rare Metals for 10% of Tanbreez’s output, bringing total committed offtake to 25% of expected production.REalloys — which operates a full-cycle rare earth processing ...