COPENHAGEN, April 17 (Reuters) - Greenland has approved

the indirect transfer of the mining licence for Tanbreez Mining

after Critical Metals Corp ( CRML ) last year increased its

stake in the rare earths developer, the Greenlandic ministry of

mineral resources and business said on Friday.

The administration of U.S. President Donald Trump has

discussed taking a stake in Critical Metals Corp ( CRML ), four people

familiar with the discussions told Reuters last year, which

would give Washington a direct interest in the largest rare

earths project in Greenland, the Arctic territory that Trump

wishes to control.

* Critical Metals Corp ( CRML ) in October last year gained the right

to increase its stake in the Tanbreez project in Killavaat

Alannguat in southern Greenland to 92.5%.

* According to the Greenlandic ministry, an indirect

transfer means that the ownership of the company holding the

licence changes, while the licence itself remains registered

with the same company.

* U.S. and Danish officials in 2024 lobbied Tanbreez not to

sell its project in Greenland to Chinese-linked firms, its CEO

told Reuters last year.

* Rare earths offer strong magnetic properties critical to

high-tech industries ranging from electric vehicles to missile

systems.