Brief: Critical Metals Corp: No Plans To Issue Debt Or Equity For Saudi JV

Critical Metals

22/01/2026 13:23

Jan 22 (Reuters) - Critical Metals Corp CRML.O:

: INDEPENDENT ANALYSTS CONFIRM GREENLAND'S TANBREEZ MINE CAN 'CONSISTENTLY' PRODUCE RARE EARTHS OXIDE AT CONCENTRATE GRADES ABOVE 3%

: NO PLANS TO ISSUE DEBT OR EQUITY FOR SAUDI MINERALS PROCESSING JOINT VENTURE

: LONG-TERM PLAN IS FOR TANBREEZ MINE TO BE OPERATED BY LOCAL GREENLAND LABOR

: EXPLORING OFFTAKE-LINK PAYMENTS WHERE BUYERS WOULD PROVIDE UPFRONT CAPITAL IN EXCHANGE FOR FUTURE SUPPLY

: IN DISCUSSIONS WITH 'SEVERAL GOVERNMENTS AT MULTIPLE LEVELS' REGARDING FINANCING OPTIONS FOR TANBREEZ PROJECT IN GREENLAND

Source text: [ID:]

Further company coverage: CRML.O

 (Reporting By Ernest Scheyder)

 ((ernest.scheyder@thomsonreuters.com;))