Critical Metals Secures ~$211M Deal For Tanbreez Rare Earth Mine To Counter China
Critical Metals Secures ~$211M Deal For Tanbreez Rare Earth Mine To Counter China
Once operational, the project will support various commercial and defense applications. It is strategically located in Southern Greenland, offering year-round direct shipping access via deep water fjords.Critical Metals Corp. (NASDAQ:CRML), a mining development company specializing in critical metals and minerals, has announced a binding heads of agreement to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine from Rimbal Pty Ltd., controlled by geologist Gregory Barnes.
礦業開發公司Critical Metals Corp. (NASDAQ:CRML)宣佈與受地質學家Gregory Barnes控制的Rimbal Pty Ltd.達成權益收購協議，以收購Greenland Rare Earth礦的控制權。
The acquisition aims to enhance the supply of rare earth elements (REEs) essential for electrification and next-generation technologies in Europe and the western world. The transaction valued at up to $211 million.
這項收購旨在增加全球西方國家和歐洲所需的關鍵稀土元素(REEs)的供應。該交易價值高達2.11億美元。
The Tanbreez Project is a significant asset with a permit granted by the Greenland Government in 2020. Positioned to deliver a sustainable, long-term supply of REEs to North America and Europe, Tanbreez stands out with its high concentration of heavy rare earth elements (HREEs), which are more valuable than light rare earth elements.
Tanbreez項目是一項重要資產，於2020年獲得格陵蘭政府的許可。Tanbreez以其高濃度的重稀土元素(HREEs)而脫穎而出，這些元素比輕稀土元素更有價值，定位是年可向北美和歐洲提供可持續的、長期的REEs供應。
Once operational, the project will support various commercial and defense applications. It is strategically located in Southern Greenland, offering year-round direct shipping access via deep water fjords.
該項目位於格陵蘭南部，可通過深水峽灣直接航運，並支持各種商業和國防應用。
The project's ore body, Kakortokite, covers an extensive area and is environmentally friendly with minimal harmful by-products.
該項目的礦石體Kakortokite覆蓋範圍廣，對環境友好，無害副產品少。
This foundational asset is poised to benefit from regulatory support in Europe and North America, reducing dependence on foreign imports, particularly from China, which dominates the global rare earth market.
這個基礎設施資產將受到歐洲和北美的監管支持，減少對外來進口的依賴，特別是來自佔據全球稀土市場主導地位的中國的進口。
"Tanbreez is a game-changing rare earth mine for the West, and is a key step towards positioning Critical Metals Corp as the preeminent critical minerals supplier with a diversified, multi-asset portfolio that spans multiple geographies," said Tony Sage, CEO and Chairman of Critical Metals Corp.
Critical Metals Corp.的CEO和主席Tony Sage表示：“Tanbreez是西方國家的一項重大稀土礦山，並是將Critical Metals Corp.定位爲具有多項資產組合並跨越多個地理區域的關鍵礦物供應商的關鍵步驟。”
"With Tanbreez expected to be under the Critical Metals Corp banner, we will have the ability to further support our commercial network in Europe while simultaneously being able to evaluate additional opportunities to tap into the upside potential of the North American market."
他表示：“一旦Tanbreez歸屬於Critical Metals Corp.，我們將有能力進一步支持我們在歐洲的商業網絡，同時能夠評估進入北美市場的上漲潛力。”
Price Action: CRML shares closed lower by 5.43% at $10.28 on Friday.
CRML股票週五收盤跌5.43%，報10.28美元。
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譯文內容由第三人軟體翻譯。