Critical Metals Corp is accelerating its programme to develop the Tanbreez HREE Project in Greenland – one of the world's largest known rare earth deposits – significantly advancing its drilling, infrastructure, engineering and metallurgical programmes.

The company's Board of Directors approved a US$30 budget to fast-track the project toward development and production of first ore in Q4 2028 or Q1 2029.

Among a raft of new initiatives, still subject to Greenland Government approval, will be 6000m of drilling with multiple diamond drill rigs to facilitate resource expansion to 130Mt, an increase of 85Mt on the original figure.

The 2026 exploration campaign will focus on expanding the resource base and preparing the project for early production phases. Key objectives include extensive drilling across the Hill Zone deposit; expansion drilling in the Upper Fjord exploration area; resource upgrades across the existing mineral inventory; geotechnical drilling supporting port and infrastructure development; and b bulk sampling to generate concentrate for pilot plant processing.

CEO Tony Sage said: "With the global race to secure critical mineral supply intensifying, we believe Tanbreez has the potential to become one of the most important heavy rare earth projects supplying Western markets."

The acceleration programme builds on a series of major milestones achieved by Critical Metals over the past several years, including exploration campaigns in 2024 and 2025, which delivered very high-grade assay results and reinforced Tanbreez's potential as a long-life rare earth resource