Critical Metals secures Greenland approval for 70% acquisition of 60° North, boosting Tanbreez project development

Critical Metals Corp. has received official approval from the Greenland government to acquire a 70% stake in 60° North Greenland ApS, a key provider of mining support services. This acquisition enhances Critical Metals' operational capabilities and logistics access in Greenland, accelerating the development of its flagship Tanbreez rare earth project, one of the world's largest deposits. With this approval, the company expects to finalize the deal soon, strengthening its position in the critical minerals sector essential for clean energy and technology. This move aligns with Critical Metals' strategy to build a secure supply chain for critical minerals in the Western world.