Critical Metals Corp: New Clarity And Momentum At Tanbreez For This Emerging HREE Miner
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Sean Daly1.85K FollowersFollow5ShareSavePlay(11min)Comments(4)SummaryCritical Metals Corp (CRML) now owns 92.5% of Tanbreez, arguably the world's largest heavy rare earth element (HREE) deposit, following Greenland's April 17th 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. It is targeting first ore production by Q4 2028.Despite pre-revenue status and a recent $13 million quarterly loss, CRML has secured $120 million in financing and $85 million PIPE, with 100% of projected output pre-contracted.I recommend CRML as a speculative, high-risk micro-cap play, with technical upside into the $20–$25 range and near-term catalysts from pilot facility milestones. Harvepino/iStock via Getty Images I last reported on Critical Metals Corp (CRML) in late February. Since then, the ticker is up 40%. Several new developments are driving the stock. Last month, the company rolled up 60 degrees North Greenland ApS, a local construction companyThis article was written bySean Daly1.85K FollowersFollowSean Daly writes on ETFs, biotech and FINTECH solutions in the banking space. He teaches international finance and financial risk management at Pace University and was a visiting lecturer at Princeton University from 2005 to 2009. He was educated at Columbia University. He has also written extensively on real estate and economic development, exploring issues as diverse as Chinese urbanization, CMI multilateral currency swap arrangements, energy geopolitics, and Asia's sovereign wealth funds. Global strategy and private equity background. Equity Approach: long/short, event-driven, with a focus on small cap biotech and the emerging markets.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CRML either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.