Critical Metals Corp Appoints Mogensen as CEO to Lead Rare Earth Tanbreez Project After DKK 88m Turnaround
Critical Metals Corp appointed Thomas “TYT” Mogensen as CEO of Tanbreez Mining A/S, leveraging his two-decade track record in Greenlandic ventures. He drove Nalik Ventures from a DKK 88 million loss to a DKK 28 million profit, positioning the Tanbreez rare earth project for accelerated development.
1. CEO Appointment
Critical Metals Corp announced the appointment of Thomas “TYT” Mogensen as Chief Executive Officer of its subsidiary Tanbreez Mining A/S, effective immediately. Mogensen brings over twenty years of leadership across finance, infrastructure and natural resources in Greenland and the broader Nordic region.
2. Turnaround Track Record
In his recent role as Managing Director of Nalik Ventures A/S, Mogensen engineered a turnaround from a DKK 88 million loss to a DKK 28 million profit by optimizing operations and merging subsidiaries. At NIRAS Greenland, he oversaw strategic development and project delivery, driving turnover growth of approximately 200%.
3. Tanbreez Project Development
Tanbreez hosts one of the world’s largest rare earth deposits in Southern Greenland, featuring year-round deep-water fjord access to the North Atlantic Ocean. Under Mogensen’s leadership, the company aims to advance project development, including feasibility studies, permitting and stakeholder engagement.
4. Strategic Asset Portfolio
Critical Metals Corp’s portfolio also includes the fully permitted Wolfsberg Lithium Project in Austria, positioned to supply European markets with key lithium products. The combination of rare earth and lithium assets positions the company as a strategic supplier for defense, clean energy and next-generation technologies.