Tanbreez Rare Earth Project Offtake Agreement
Sector: Aerospace & Defense • Location: Qaqortoq, Greenland
Source: Interesting Engineering
Critical Metals Corp (CRML) signed a 15-year binding offtake agreement with REAlloys Inc. for rare earth element (REE) concentrate from the Tanbreez Project. REAlloys will purchase 15% of the annual REE concentrate production, with priority rights for volumes containing elevated concentrations of heavy rare earth elements like Dysprosium and Terbium, and a Right of First Refusal over additional vo
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Critical Metals Corp (CRML) signed a 15-year binding offtake agreement with REAlloys Inc. for rare earth element (REE) concentrate from the Tanbreez Project. REAlloys will purchase 15% of the annual REE concentrate production, with priority rights for volumes containing elevated concentrations of heavy rare earth elements like Dysprosium and Terbium, and a Right of First Refusal over additional volumes. The agreement follows the Government of Greenland's approval of CRML's ownership increase to 92.5% and extends a previous 10-year framework to 15 years with two additional five-year extension options. This agreement supports US defense and national security industrial base supply chains. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
