Core Insights - Critical Metals Corp has received an extension for its exclusive Exploitation License from the Greenland government for the Tanbreez Project, a significant milestone indicating local support and job creation potential [1][2][3] - The company has successfully completed its diamond drilling program, with rare earth material samples sent for analysis, and results are expected in the coming months [1][4] Exploitation License Extension - The Greenland government has extended the deadlines under the Exploitation License for the Tanbreez Project (License No. 2020-54) to 2028, requiring the submission of exploitation and closure plans by the end of 2025, financial security and company guarantee by June 30, 2026, and commencement of mineral exploitation by the end of 2028 [3] Diamond Drilling Program - The diamond drilling program has concluded, with all extracted rare earth materials safely stored, and a portion sent to ALS laboratory in Ireland for analysis, with test results anticipated over the next several months [4]
Critical Metals Corp Advances Development of the Tanbreez Rare Earth Mine