Core Viewpoint - Critical Metals Corp has secured a non-dilutive funding package of $120 million from the Export-Import Bank of the United States (EXIM) to support the development of the Tanbreez Project, a significant rare earth deposit in Greenland [1][2]. Funding and Financials - The funding package is part of EXIM's Supply Chain Resiliency Initiative (SCRI) and is intended to cover project costs with a repayment term of 15 years [2]. - The total capital expenditure required for the Tanbreez Project is estimated at $290 million, with an expected annual production capacity of up to 85,000 metric tons of rare earth materials during initial commercial production [3]. Project Development and Strategic Importance - The CEO of Critical Metals Corp emphasized that the Tanbreez Project is a world-class asset that will provide critical rare earth metals, countering China's dominance in the supply chain [4]. - The company plans to complete a definitive feasibility study by the end of 2025, which will include essential data such as volumes and timelines [4]. - An investment of $10 million in exploration expenses is planned for 2025 to potentially increase ownership of the asset to 92.5% [4]. Strategic Context - The proposed funding may receive special consideration under EXIM's 2019 reauthorization, aimed at mitigating competitive impacts from China and enhancing U.S. leadership in transformational export areas [5]. - The SCRI program is part of the China and Transformational Exports Program (CTEP), designed to help U.S. exporters compete with Chinese companies [6]. Company Overview - Critical Metals Corp is focused on critical metals and minerals essential for electrification and next-generation technologies, with the Tanbreez Project being a key asset located in Southern Greenland [7]. - The company also has the Wolfsberg Lithium Project in Austria, which is the first fully permitted lithium mine in Europe and is strategically positioned for production [8].

Core Insights - Critical Metals Corp has released assay results from eleven deep diamond drill holes at the Tanbreez Project in Greenland, indicating significant potential for increasing the current Maiden Resource Estimate (MRE) from 225 million tonnes (MT) to an exploration target of 500MT of rare earth materials [1][17][18] - The weighted average grade of the newly reported drill results is 0.43% Total Rare Earth Oxides (TREO) with 28% Heavy Rare Earth Oxides (HREO) and 1.44% Zirconium Oxide (ZrO2) [9][11] - The company is preparing for a 2025 resource drilling program aimed at upgrading the Inferred Resource to Indicated Resource category and extending the size of the Tanbreez Fjord and Hill Zone Deposits [2][4] Company Developments - The company currently holds a 42% interest in the Tanbreez Project, with the option to increase this to 92.5% [1] - The recent MRE announced includes approximately 45MT of eudialyte with a grade of 0.38% TREO and 180MT for industrial mineral by-products [1][27] - The company is re-assaying historical samples to confirm and reconcile assay results, with updates expected soon [3][7] Drilling Program Details - The first stage of the drilling program will target the Fjord Deposit, focusing on extending drilling further north and east [4][5] - The second stage will target the Hill Zone Deposit, with infill drilling planned to upgrade resources from Inferred to Indicated [6] - The average target depth for the drilling is set between 60m and 80m, with some holes extending to 150m [5][6] Economic Potential - The economic analysis shows a Net Present Value (NPV) of approximately US$2.4 billion to US$3.0 billion at discount rates of 10% and 8%, respectively, with an Internal Rate of Return (IRR) of 180% before tax [1][27] - The Tanbreez Project is positioned as one of the world's largest rare earth deposits, with significant infrastructure advantages for transportation [36] Resource Estimates - The MRE for the Tanbreez Project includes 22.56MT of eudialyte at an average grade of 0.43% TREO, with additional resources of feldspar and arfvedsonite [27][31] - The total estimated mass of the kakortokite host unit is approximately 4.7 billion tonnes, indicating substantial exploration potential [18][36]