REalloys Signs Definitive Long-Term Rare Earth Offtake Agreement with Critical Metals Corp. for 15% of Tanbreez Phase 1 Production
REalloys signed a definitive 15-year offtake agreement with Critical Metals Corp. (CRML) for 15% of monthly Phase 1 production from the Tanbreez Project in Greenland. The deal secures a long-term source of heavy rare earth concentrate (HREE) for REalloys' downstream separation and magnet manufacturing, supporting its 'mine-to-magnet' strategy for U.S. defense and industrial customers.
Key figures
- Term years
- 15
- Crml ownership pct
- 92.5
- Offtake volume pct
- 15%
- Long stop date years
- 5
- Phase 1 capacity mtpa
- 15000
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