Business
Greenland Government Approves Transfer of Final 50.5% of Tanbreez, Taking Critical Metals Corp. to 92.5% Ownership
NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp.” or the “Company”), a leading critical mineral mining company, today announced that the Government of Greenland has approved the transfer of the remaining 50.5% interest in the Tanbreez Mining Greenland A/S to Critical Metals Corp., bringing the Company’s total ownership to 92.5%, bringing the Company's total ownership to 92.5% and solidifying its position as the controlling stakeholder in o
About this update from Critical Metals Corp.
[{"type":"image","alt":"Critical Metals Corp","displaySize":"","headline":null,"caption":"Critical Metals Corp","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":65,"url":"https://media.zenfs.com/en/globenewswire.com/ed6a85c81ee8baae9bdb003dc29d1cd9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/7P7K9bAxzgnyT4nMLj5XMw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTkx/https://media.zenfs.com/en/globenewswire.com/ed6a85c81ee8baae9bdb003dc29d1cd9","width":300,"height":65}},"lazy":false},{"type":"text","content":"NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp.” or the “Company”), a leading critical mineral mining company, today announced that the Government of Greenland has approved the transfer of the remaining 50.5% interest in the Tanbreez Mining Greenland A/S to Critical Metals Corp., bringing the Company’s total ownership to 92.5%, bringing the Company's total ownership to 92.5% and solidifying its position as the controlling stakeholder in one of the world's largest rare earth deposits.","length":554,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Greenland Government approves transfer of the final 50.5% interest in Tanbreez Mining Greenland A/S (Tanbreez) to Critical Metals Corp (CRML), bringing total CRML ownership to 92.5%","length":181,"tagName":"p"}]},{"val":[{"type":"text","content":"European Lithium Ltd (EUR) retains a 7.5% interest in Tanbreez as well as 37.5% of CRML","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"CRML, together with EUR, will hold full control of the Tanbreez project — one of the world’s largest known deposits of heavy rare earth elements (HREE’s)","length":153,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":421,"olType":false},{"type":"text","content":"Post-Transfer Ownership Structure of Tanbreez","length":45,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;border-top:solid black 1pt;border-right:solid black 1pt;border-bottom:solid black 1pt;border-left:solid black 1pt;vertical-align:top;","val":[{"type":"text","content":"Shareholder","length":11,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"vertical-align:middle;text-alig...