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.