Core Insights - Critical Metals Corp has appointed NIRAS A/S to conduct a Definitive Feasibility Study (DFS) for the Tanbreez Rare Earth Project, which aims for a mining and processing operation of 500,000 metric tons per annum in southern Greenland [1][3] - The company currently holds a controlling interest in the Tanbreez Project and has the option to increase its ownership to 92.5% with an investment of up to $10 million, expected to be completed in 2025 [2] - The DFS will cover all technical, environmental, and commercial aspects of the project, and is expected to be completed in the fourth quarter of 2025 [4][8] Project Details - The DFS will be a key component for updating the Exploitation License documentation, which will be submitted to the Mineral License and Safety Authority (MLSA) of Greenland [4] - The study will include final mine design, production scheduling, capital and operating cost estimates, and environmental and social impact assessments [8] - NIRAS will also facilitate stakeholder engagement with local authorities and the MLSA, leveraging their experience in permitting processes [5] Company Overview - Critical Metals Corp focuses on critical metals and minerals essential for electrification and next-generation technologies, with the Tanbreez Project being one of the largest rare earth deposits globally [9] - The company also has the Wolfsberg Lithium Project in Austria, which is the first fully permitted lithium mine in Europe, strategically positioned for key infrastructure access [10] - With its strategic asset portfolio, the company aims to become a reliable supplier of critical minerals for defense applications and the clean energy transition [11]