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Tanbreez Rare Earth Mining Project

Sector: Airport • Location: Greenland

Source: MEXC

Project
Planned

The Tanbreez project in Southern Greenland contains eight critical heavy rare earth elements used in defense, clean energy, and advanced technology manufacturing. It benefits from year-round direct shipping access through deep water fjords to the North Atlantic Ocean and a new international airport 12 km from the site to improve logistics. Critical Metals Corp. has secured a $120 million letter of

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Project Information

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The project “Tanbreez Rare Earth Mining Project” is an infrastructure initiative in the Airport sector, located in Greenland. Taiyo aggregates data on it from MEXC.

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Participants

Sponsoring Agency

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Status

Original status

planned

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Description

Description

The Tanbreez project in Southern Greenland contains eight critical heavy rare earth elements used in defense, clean energy, and advanced technology manufacturing. It benefits from year-round direct shipping access through deep water fjords to the North Atlantic Ocean and a new international airport 12 km from the site to improve logistics. Critical Metals Corp. has secured a $120 million letter of intent from EXIM Bank for project development and financing, and approved a $30 million acceleration program to fast-track drilling, infrastructure, engineering, and metallurgical work. Pilot plant operations are set to begin in May, with a 150-tonne bulk sample program planned for June. First ore production is targeted for late 2028 to early 2029, with concentrate exports scheduled to begin in Q3 2029.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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