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CRITICAL METALS CORP NASDAQ-CRML Officially Approves & Commences Construction Start-Up in Greenland for Tanbreez Pilot Plant & Multi-Use Facilities

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Highlights Construction Approved in Greenland: CRML has formally approved the start of construction ...

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Corporate Developments

This development is crucial for CRML’s operational growth, reflecting their long-term strategy in critical metals. The increased focus on local operations strengthens their competitive position in the market.

FAQ

Why Bullish?

The initiation of construction is a strong indicator of progress for CRML's key projects, similar to how previous construction announcements led to price increases for mining companies. Successful project advancement in critical minerals can attract investor confidence and drive stock price upward.

How important is it?

This development is crucial for CRML’s operational growth, reflecting their long-term strategy in critical metals. The increased focus on local operations strengthens their competitive position in the market.

Why Long Term?

The project will significantly enhance CRML’s operational capacity over the coming years, similar to past investments in infrastructure improving revenue streams for mining stocks. As the pilot plant facility becomes operational, it may lead to commercial production enhancing long-term profitability.

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Critical Metals Corp (NASDAQ: CRML) Commences Construction for Tanbreez Pilot Plant in Greenland

NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) — Critical Metals Corp (NASDAQ: CRML), a key player in the critical minerals sector, has officially approved the construction of multi-use facilities in Qaqortoq, Greenland. This significant step forward supports the development of the Tanbreez rare earths project, aimed at bolstering the company’s role in electrification and next-generation technologies.

Construction and Contract Details

The multi-use facilities will include a pilot-plant and storage area, designed to operate under Arctic conditions. The project is moving forward under a full turnkey contract with 60° North Greenland, which encompasses all aspects of construction including:

  • Architectural and engineering design
  • Regulatory approvals and compliance
  • Procurement of materials and equipment
  • Construction, installation, and commissioning

The pilot plant section is expected to be operational by May 2026, marking a crucial milestone for CRML as it pushes ahead with its critical minerals initiatives.

Strategic Importance of the Qaqortoq Facilities

Critically, the newly constructed facilities will serve as a cornerstone asset for CRML's upcoming technical work programs and long-term strategic goals. CEO Tony Sage emphasized the significance of this development, stating:

“Formally approving and initiating construction in Greenland is a major step forward for CRML and the Tanbreez project. This turnkey contract provides us with a clear, structured pathway to deliver critical pilot-plant infrastructure in a challenging Arctic environment.”

Local Commitment Through Office Establishment

In conjunction with the construction approval, CRML has purchased a corporate housing property in Qaqortoq. This property will be transformed into a local office, reinforcing CRML's commitment to operational excellence and community engagement in Greenland. This initiative aims to facilitate closer collaboration with local contractors, authorities, and the community.

About Critical Metals Corp (NASDAQ: CRML)

Critical Metals Corp is dedicated to the mining and development of critical metals and rare-earth minerals, playing a crucial role in the supply chain for electrification and advanced technologies. Its flagship project, Tanbreez, is one of the world’s largest rare earth deposits located in Southern Greenland, providing strategic access to transportation infrastructure via deep-water fjords.

The company also holds the Wolfsberg Lithium Project in Austria, which is the first fully permitted lithium mine in Europe, expected to become a major producer of lithium for the European market. With its diversified asset portfolio, CRML is poised to be a sustainable supplier of critical minerals essential for defense applications and the clean energy transition.

Cautionary Note Regarding Forward-Looking Statements

This release includes forward-looking statements that involve risks and uncertainties, and these statements do not guarantee future performance. Factors that could cause actual results to differ materially include economic conditions, risks associated with mining operations, and changes in market demand for critical minerals.

For more detailed information, please visit Critical Metals Corp.

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