Curated News
By: NewsRamp Editorial Staff
July 16, 2025
Critical Metals Corp. Advances Tanbreez Rare Earth Project with New Drilling Program
TLDR
- Critical Metals Corp's 2000m drilling program at Tanbreez aims to expand the rare earth resource, offering a strategic advantage in meeting Western demand by 2026.
- The drilling campaign targets a 700m extension of the Fjord Deposit, with depths from 80m to 250m, to enhance the Mineral Resource Estimate for the BFS.
- By advancing the Tanbreez project, Critical Metals Corp contributes to sustainable critical minerals supply, supporting clean energy and next-gen technologies globally.
- Discover how Critical Metals Corp's Greenland drilling could unlock one of the world's largest rare earth deposits, pivotal for future tech and energy solutions.
Impact - Why it Matters
The initiative by Critical Metals Corp. to expand the Tanbreez Rare Earth Project's resource estimate and move towards commercial production is crucial for addressing the increasing demand for rare earth materials in the West. These materials are vital for a wide range of applications, from defense technologies to clean energy solutions and next-generation electronics. The project's success could reduce reliance on rare earth imports, enhancing supply chain security and supporting the transition to a more sustainable and technologically advanced future.
Summary
Critical Metals Corp. (Nasdaq: CRML) has initiated a 2000m resource diamond drilling program at the Tanbreez Rare Earth Project in Greenland, aiming to significantly increase the Mineral Resource Estimate (MRE) and support the development of a Bankable Feasibility Study (BFS). This strategic move is part of the company's efforts to meet the growing demand for rare earth materials in the United States and the West. CEO Tony Sage highlighted the importance of this drilling campaign in advancing the Tanbreez project towards commercial production, expected by 2026. The program, led by experienced Greenland drilling contractor 60 North Greenland and rare earth geologists, targets the expansion of the Fjord Eudialyte Deposit, which currently holds an indicated resource of 8.76Mt and an inferred resource of 13.8Mt.
The company's exploration and DFS study teams are now on site, conducting detailed fieldwork to finalize the BFS and prepare comprehensive reports for Greenland regulators and financial partners, including the Export-Import Bank of the United States. Critical Metals Corp. is positioning itself as a key supplier of critical minerals essential for defense applications, the clean energy transition, and next-generation technologies in the western world, with its flagship Tanbreez project and the Wolfsberg Lithium Project in Austria.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Critical Metals Corp. Advances Tanbreez Rare Earth Project with New Drilling Program
