Critical Metals Corp NASDAQ CRML 鈥� Surpasses 70% Completion Milestone of the Tanbreez Bankable Feasibility Study & Remains on Schedule for Completion on or Before Q4 2025
Critical Metals Corp (NASDAQ:CRML) announced reaching a 70% completion milestone in the Bankable Feasibility Study (BFS) for its Tanbreez Rare Earth Project in South Greenland. The BFS, led by Danish engineering firm NIRAS A/S, is on schedule for completion in Q4 2025.
The study encompasses detailed engineering for a 500,000 tons per annum mining and processing operation, including mine design, process plant engineering, tailings management, and environmental considerations. Additionally, NIRAS has completed the 2025 baseline sampling program, which included comprehensive environmental fieldwork across multiple stations.
The BFS will be a crucial component of the Tanbreez updated Exploitation License documentation to be submitted to Greenland's Mineral License and Safety Authority (MLSA).
Critical Metals Corp (NASDAQ:CRML) ha annunciato di aver raggiunto il 70% di completamento dello Studio di Fattibilit脿 Bankable (BFS) per il progetto di terre rare Tanbreez nel Sud della Groenlandia. Lo studio, guidato dalla societ脿 di ingegneria danese NIRAS A/S, 猫 previsto in completamento per il Q4 2025.
La BFS include l'ingegneria dettagliata per una attivit脿 mineraria e di lavorazione da 500.000 tonnellate all'anno, comprendendo la progettazione della miniera, l'ingegneria dell'impianto di processo, la gestione delle scorie e le valutazioni ambientali. Inoltre, NIRAS ha portato a termine il programma di campionamento di base 2025, con estesi rilievi ambientali su pi霉 stazioni.
La BFS costituir脿 un elemento chiave della documentazione aggiornata per la Licenza di Sfruttamento del progetto Tanbreez da presentare all'Autorit脿 per le Licenze Minerarie e la Sicurezza della Groenlandia (MLSA).
Critical Metals Corp (NASDAQ:CRML) anunci贸 haber alcanzado el 70% de avance en el Estudio de Factibilidad Bankable (BFS) para su proyecto de tierras raras Tanbreez en el sur de Groenlandia. El estudio, dirigido por la ingenier铆a danesa NIRAS A/S, sigue en calendario para completarse en el Q4 2025.
El estudio abarca la ingenier铆a detallada para una operaci贸n minera y de procesamiento de 500.000 toneladas por a帽o, incluyendo el dise帽o de la mina, la ingenier铆a de la planta de procesos, la gesti贸n de relaves y aspectos ambientales. Adem谩s, NIRAS ha finalizado el programa de muestreo base 2025, que incluy贸 trabajo de campo ambiental exhaustivo en varias estaciones.
La BFS ser谩 un componente clave de la documentaci贸n actualizada de la Licencia de Explotaci贸n de Tanbreez que se presentar谩 a la Autoridad de Licencias Minerales y Seguridad de Groenlandia (MLSA).
Critical Metals Corp (NASDAQ:CRML)臧� 攴鸽Π霝�霌� 雮秬鞚� 韮勲笇毽 頋啝毳� 頂勲鞝濏姼鞐� 雽�頃� 鞚�頄夓劚 瓴�韱� 臧�電� 韮�雼轨劚 臁办偓(BFS)鞐愳劀 70% 鞕勲鞐� 霃勲嫭頄堧嫟瓿� 氚滍憸頄堨姷雼堧嫟. 雿措韥� 鞐旍雼堨柎毵� 須岇偓 NIRAS A/S臧� 欤缄磤頃橂姅 鞚� 臁办偓電� 2025雲� 4攵勱赴(Q4 2025) 鞕勲毳� 氇╉憸搿� 鞚检爼雽�搿� 歆勴枆 欷戩瀰雼堧嫟.
頃措嫻 鞐瓣惮電� 鞐瓣皠 500,000韱� 攴滊鞚� 毂勱荡 氚� 觳橂Μ 鞖挫榿鞐� 雽�頃� 靸侅劯 鞐旍雼堨柎毵侅潉 韽暔頃橂┌, 甏戩偘 靹り硠, 瓿奠爼 頂岆灉韸� 鞐旍雼堨柎毵�, 昙Μ氍检(韰岇澕毵�) 甏�毽� 氚� 頇橁步 瓿犽牑靷暛鞚� 雼る９雼堧嫟. 霕愴暅 NIRAS電� 2025雲� 旮办靹� 靸橅攲毵� 頂勲攴鸽灗鞚� 鞕勲頄堨溂氅�, 鞐煬 歆�鞝愳棎靹� 韽磩鞝侅澑 頇橁步 順勳灔 臁办偓毳� 靾橅枆頄堨姷雼堧嫟.
BFS電� 韮勲笇毽 臧标秾(Exploitation License) 臧膘嫚 氍胳劀鞚� 頃奠嫭 甑劚鞖旍唽搿�, 攴鸽Π霝�霌� 甏戨 項堦皜 氚� 鞎堨爠 雼龟淡(MLSA)鞐� 鞝滌稖霅� 鞓堨爼鞛呺媹雼�.
Critical Metals Corp (NASDAQ:CRML) a annonc茅 avoir atteint 70 % d'avancement de l'茅tude de faisabilit茅 bancable (BFS) pour son projet de terres rares Tanbreez dans le sud du Groenland. L'茅tude, men茅e par le bureau d'ing茅nierie danois NIRAS A/S, est pr茅vue pour 锚tre achev茅e au 4e trimestre 2025.
La BFS comprend l'ing茅nierie d茅taill茅e pour une exploitation mini猫re et de traitement de 500 000 tonnes par an, incluant la conception de la mine, l'ing茅nierie de l'usine de proc茅d茅, la gestion des r茅sidus et les aspects environnementaux. Par ailleurs, NIRAS a finalis茅 le programme d'茅chantillonnage de r茅f茅rence 2025, qui a comport茅 des travaux de terrain environnementaux approfondis sur plusieurs stations.
La BFS constituera un 茅l茅ment cl茅 du dossier mis 脿 jour pour la licence d'exploitation (Exploitation License) de Tanbreez, qui sera soumis 脿 l'Autorit茅 des licences mini猫res et de la s茅curit茅 du Groenland (MLSA).
Critical Metals Corp (NASDAQ:CRML) gab bekannt, dass es einen 70%igen Fertigstellungsgrad der Bankable Feasibility Study (BFS) f眉r sein Tanbreez Seltene-Erden-Projekt in S眉dgr枚nland erreicht hat. Die Studie, geleitet vom d盲nischen Ingenieurb眉ro NIRAS A/S, soll planm盲脽ig im Q4 2025 abgeschlossen werden.
Die BFS umfasst die Detailplanung f眉r einen Betrieb mit 500.000 Tonnen pro Jahr einschlie脽lich Grubenplanung, Prozessanlagen-Engineering, R眉ckstandsmanagement und Umweltaspekten. Zudem hat NIRAS das Basis-Probenahmeprogramm 2025 abgeschlossen, das umfassende Umwelt-Feldarbeiten an mehreren Stationen beinhaltete.
Die BFS wird ein wesentlicher Bestandteil der aktualisierten Unterlagen f眉r die Abbaulizenz (Exploitation License) von Tanbreez sein, die der gr枚nl盲ndischen Beh枚rde f眉r Bergbaulizenzen und Sicherheit (MLSA) vorgelegt werden sollen.
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Insights
Critical Metals advances Tanbreez rare earth project with 70% BFS completion, positioning for potential production of strategic minerals by 2026.
Critical Metals Corp has reached a significant milestone with approximately 70% completion of the Bankable Feasibility Study (BFS) for its Tanbreez Rare Earth Project in South Greenland. The BFS, led by Danish engineering firm NIRAS, remains on schedule for submission in Q4 2025 and will cover a 500,000 tons per annum mining and processing operation.
The engineering scope encompasses comprehensive designs for open pit mining, processing infrastructure, and environmental management. Key components include mine design with blasting and haulage logistics, crushing and magnetic separation circuits, slurry transport systems, and tailings deposition infrastructure. The project also includes port facilities, haul roads, power generation, and worker accommodation.
What's particularly noteworthy is the integration of environmental considerations directly into the technical design phase. NIRAS is incorporating hydrological modeling, dust dispersion controls, and closure planning into the final design 鈥� elements that are increasingly critical for securing regulatory approvals in environmentally sensitive regions like Greenland.
The company has also completed its 2025 environmental baseline sampling program, which included comprehensive monitoring across 19 freshwater stations, sediment coring, and various ecological assessments. This environmental work will support the Environmental Impact Assessment (EIA) required for final regulatory approval.
The Tanbreez project represents a potential new source of rare earth elements, which are critical materials for high-tech applications including renewable energy technologies, electric vehicles, and defense systems. With rare earth supply chains dominated by China, new Western-controlled sources have significant strategic importance. However, investors should note that significant regulatory hurdles remain before commercial production could begin, including final approval from Greenland's Mineral License and Safety Authority following the BFS submission.
NEW YORK, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (鈥淐ritical Metals Corp鈥� or the 鈥淐ompany鈥�), a leading critical minerals mining company, today announced that Tanbreez Mining Greenland A/S (鈥淭anbreez鈥�) is approximately
Tony Sage, Executive Chairman of the Company, commented:
鈥淭he progress on the final BFS engineering and the completion of the 868 baseline sampling program represent a major milestone in unlocking the full potential of the Tanbreez Rare Earth Project. Our partnership with NIRAS ensures that both technical and environmental aspects are being addressed to the highest standards, reinforcing our commitment to responsible development.鈥�
This 铿乶al BFS phase includes:
鈥�听听听听听听听听Completion of mine design and process plant engineering
鈥�听听听听听听听听Tailings management and water treatment strategies
鈥�听听听听听听听听Integration of environmental and regulatory inputs
鈥�听听听听听听听听Preparation of documentation for submission to Greenland鈥檚 MLSA
Figure 1. Proposed plant and port site.
The engineering scope encompasses detailed design of the two open pit mining phases, including blasting and haulage logistics, crushing and magnetic separation circuits, slurry transport systems, and tailings deposition infrastructure at Lake Foster. It also includes port and haul road layouts, diesel power generation, and worker accommodation facilities. NIRAS is integrating hydrological modelling, dust dispersion controls, and closure planning into the final design to ensure long-term environmental compliance, operational efficiency, and alignment with Greenland鈥檚 regulatory framework.
Figure 2 鈥� NIRAS engineers at the proposed Tanbreez port site 27/8/2025
Once completed, which is expected in the fourth quarter of 2025, the BFS will form the central component of the Tanbreez updated Exploitation License documentation, to be submitted to the Mineral License and Safety Authority (MLSA) of Greenland, in accordance with the Greenlandic Mineral Resources Act and the specific terms of the granted exploitation license MIN 2020-54.
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Figure 3 鈥� NIRAS team undertaking August 2025 baseline marine sampling
This submission will support the progression of the project towards final approval to commence potential commercial mining operations.
Figure 4 - NIRAS FS finalization team
Completion of 2025 Baseline Sampling Program
In parallel, Critical Metals Corp confirms that environmental fieldwork for the 2025 baseline sampling program has officially been completed. This program鈥攃oordinated by NIRAS ran through August 2025 and was designed to close spatial and seasonal gaps in the existing baseline dataset.
Key components of the sampling campaign included:
- Bergerhoff dust monitoring
- All-year freshwater sampling across 19 stations
- Sediment coring in Lake Foster and Kangerluarsuk Fjord
- Arctic char population update via electrofishing
- Intertidal sampling of mussels, bladderwrack, and sea scorpion
Figure 5 鈥� NIRAS team undertaking baseline marine fauna sampling August 2025
These efforts support the Environmental Impact Assessment (EIA) and reinforce Tanbreez鈥檚 commitment to responsible development.
About NIRAS
With nearly 70 years of experience, NIRAS has grown from a Danish consultancy into an international leader in sustainable progress. Founded by visionary engineers J酶rgen Kristian Nielsen and Konrad Rauschenberger in 1956, NIRAS鈥檚 early projects in Greenland laid the foundation for their expertise in resilient and innovative solutions. Their decentralized structure fosters local expertise, adaptability and collaboration across borders and disciplines, ensuring sustainable value creation for their clients and the communities they serve.
As a multidisciplinary consultancy company with more than 3,000 employees located in 62 offices across Europe, Africa, Asia, North, and South America, NIRAS work within multiple areas from processing plants and construction over energy, water, environment, and infrastructure to third world aid and urban planning. NIRAS have 8,000 ongoing projects in more than 140 countries and their trademark is the crosscutting approach, always grounded and tailored to achieve the best outcomes for their clients and communities.
About Tanbreez
The Tanbreez Rare Earth Project is one of the world鈥檚 largest hard rock rare earth elements (REE) deposits, located in southern Greenland near the town of Qaqortoq. The project is notable for its high concentration of heavy rare earth oxides (HREOs), which are critical for high-tech applications, clean energy, and defence industries. Unlike other major TREO deposits, Tanbreez contains very low levels of uranium and thorium, making it more environmentally and politically viable.
- Deposit Type: Kakortokite (a stratiform layered igneous rock rich in TREOs)
- Kakortokite Estimate: ~4.7 billion tonnes of REE-bearing mineralisation
- Heavy REE Content: ~
27% of Total Rare Earth Oxides (TREO) - Location: Near Qaqortoq, southern Greenland
- Target drilling: ongoing to achieve Measured and Indicated Mineral Resources
- Project Stage: advanced Bankable Feasibility Study phase
Kakortokite host may not always contain any economic mineralisation of TREO.
About Critical Metals Corp.
Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals, and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners. Its flagship Project, Tanbreez, is one of the world's largest rare earth deposits and is located in Southern Greenland. The deposit is expected to have access to key transportation outlets as the area features year-round direct shipping access via deep water fjords that lead directly to the North Atlantic Ocean.
Another key asset is the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria. The Wolfsberg Lithium Project is the first fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure and is expected to be the next major producer of key lithium products to support the European market. Wolfsberg is well positioned with offtake and downstream partners to become a unique and valuable asset in an expanding geostrategic critical metals portfolio.
With this strategic asset portfolio, Critical Metals Corp is positioned to become a reliable and sustainable supplier of critical minerals essential for defense applications, the clean energy transition, and next-generation technologies in the western world.
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Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the 鈥淓xchange Act鈥�). Forward-looking statements may include expectations of our business and the plans and objectives of management for future operations. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this news release, forward-looking statements may be identified by the use of words such as 鈥渆stimate,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渨ill,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渟eek,鈥� 鈥渢arget,鈥� 鈥渄esigned to鈥� or other similar expressions that predict or indicate future events or trends or that are not statements of historical facts. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.
Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements for many reasons, including the factors discussed under the 鈥淩isk Factors鈥� section in the Company鈥檚 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission. These forward-looking statements are based on information available as of the date of this news release, and expectations, forecasts and assumptions as of that date, involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Critical Metals Corp.
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FAQ
What is the current completion status of Critical Metals' (CRML) Tanbreez Feasibility Study?
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What environmental studies has Critical Metals (CRML) completed for the Tanbreez project?
When will Critical Metals (CRML) submit the Tanbreez project documentation to Greenland authorities?
Who is conducting the Bankable Feasibility Study for Critical Metals' Tanbreez project?
