Critical Metals Corp ( CRML ). announced the results of an independent preliminary economic assessment (PEA) for its Tanbreez Project in southern Greenland, one of the largest rare earth deposits globally.

The PEA, conducted by Agricola Mining Consultants, estimates that just 1% of the project's 4.7 billion metric tons of host rock has a Net Present Value (NPV) of approximately $3 billion.

"Given the importance of rare earths for national security in the West and other next-generation technologies, I strongly believe there is a marked disconnect between the market valuation and long-term fundamentals of Critical Metals Corp. ( CRML ) I look forward to progressing our plans for this world-class asset," said Tony Sage, Critical Metals' CEO and Chairman.

The Tanbreez Project, which holds a license until 2050, boasts an estimated 44.97 million metric tons of rare earth materials, grading at 0.40% Rare Earth Oxides and a substantial 27% concentration of Heavy Rare Earth Elements—crucial for defense, renewable energy, and advanced electronics.

The project's location in Southern Greenland offers deep-water access and relative proximity to existing infrastructure, making it a prime candidate for integration in the near-shore supply chains.

Critical Metals Corp ( CRML ) plans to invest $10 million in further exploration and drilling by the end of this year. Once this investment is completed, the company can increase its equity stake from 42% to 92.5% by issuing additional shares worth $116 million.

The company aims to complete a Definitive Feasibility Study by the end of the year, which will provide further technical and economic validation of the project. The initial production target is 85,000 tons per annum of Rare Earth Oxides, with a possibility for a modular expansion plan to increase this output to 425,000 tons.

Greenland's mineral riches and strategic position in the Arctic region caught the interest of President Donald Trump, who expressed the desire to acquire the island. However, Greenland's new Prime Minister, Jens Frederik Nielsen, has firmly rejected this notion.

"President Trump says that the United States' will get Greenland.' Let me be clear: The United States will not get it. We do not belong to anyone else. We decide our own future," he said in a Facebook post on Sunday.

Price watch: Critical Metals Corp ( CRML ) closed on Tuesday at $1.42. The stock is down 78.32% year-to-date.

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