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Critical Metals surges on second US rare earth offtake deal for Tanbreez
MINING.COM· 2025-10-09 00:44
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 ...
UPDATE - Critical Metals Corp (NASDAQ: CRML) Secures Another Significant Tanbreez Offtake Agreement for 15% of its Production with Leading U.S. Vertically Integrated Rare Earth Company, REalloys Inc.
Globenewswire· 2025-10-08 23:45
This Off-take Agreement follows the Recent August 26th Announcement of an Off-take Agreement for 10.0% with the Department of War “DoW” Investee Company Ucore Rare Metals Inc (“Ucore”) This significant and strategic off-take agreement grants REalloys 15.0% from the Company’s Tanbreez production of Heavy & Medium Rare Earth Elements from Southern GreenlandREalloys is a vertically integrated producer of magnet materials and magnets for high-performance “U.S. Protected Markets,” including the U.S. National Def ...