Critical Metals weighs asset sales to speed up Greenland project
Company News · Mining.com ·
Critical Metals (Nasdaq: CRML) has launched a strategic review that could see it sell, spin off or partner non-core assets to accelerate its flagship Tanbreez rare earth project in Greenland. The company hired Clear Street as financial adviser and White & Case as legal adviser to evaluate options including asset sales, joint ventures, strategic partnerships and business separations. It aims to redirect capital toward Tanbreez, which is expected to supply rare earth elements across the Western Hemisphere, though it cautioned there is no assurance the process will result in a transaction.