Critical Metals Corp. Overview
Pro stress-test →Critical Metals Corp (CRML) now owns 92.5% of Tanbreez, arguably the world's largest heavy rare earth element (HREE) deposit, following Greenland's April 2026 approval of the ownership transfer. CRML's Tanbreez project is pivotal for Western HREE supply security, with strategic offtake agreements in the US, EU, and Saudi Arabia. The company is building a critical materials supply chain focused on rare earth elements essential to advanced technologies.
Strategic Profile
Pro stress-test →The company is targeting first ore production by Q4 2028 and has secured $120 million in financing and $85 million PIPE, with 100% of projected output pre-contracted. In March 2026, CRML entered into an agreement to acquire a majority shareholding in 60° North Greenland ApS, a Greenlandic construction, exploration, logistics and project development company, which will add local operational capability. Leadership appointments in 2026 include Thomas "TYT" Mogensen as Chief Executive Officer to Tanbreez Mining A/S in April 2026.
Competitive Landscape
Pro stress-test →Rare-earth element companies have attracted significant market attention. Critical Metals competes in the Western rare earth supply chain alongside incumbents like USA Rare Earth and other junior miners developing REE deposits. CRML differentiates on asset grade, offtake agreements, and geopolitical positioning as a Greenland-based Western supply source. Major end-market demand drivers include battery, electronics, and defense sectors seeking supply-chain diversification away from China.
Industry Context
Critical Metals Corp. operates in Rare earth element mining and refining.
Key facts
Founded: Unknown · Headquarters: New York, US · Employees: Unknown · Revenue: Pre-revenue (production target Q4 2028) · Market cap: ~$560M (based on 60.4M shares at $9.28/share as of June 25, 2026)