Critical Metals Surges 32.6% on High-Grade Tanbreez Drilling Results
Critical Metals shares jumped 32.6% after first 2025 Tanbreez drilling assays reported high-grade eudialyte intersections enriched in dysprosium, terbium and yttrium, reinforcing resource expansion. The company acquired a $1 million mobile assay lab to deliver 80-minute on-site results, expediting 2026 drilling and supporting offtake covers for 75% of output.
1. Business Update Call Scheduled for January 22, 2026
Critical Metals Corp. has announced that senior management will host a live webcast and conference call at 8:00 AM ET on Thursday, January 22, 2026 to provide a comprehensive business update. Interested parties can access the webcast via the Events page of the company’s website, with dial-in access available at (877) 407-4018 for U.S. participants and (201) 689-8471 for international callers. An archived replay will be posted shortly after the call concludes, ensuring investors and analysts can review management’s outlook on project timelines, financing needs and strategic partnerships.
2. Flagship Projects Positioned for Strategic Growth
Critical Metals’ principal asset, the Tanbreez rare-earth project in southern Greenland, ranks among the world’s largest heavy rare-earth deposits, featuring year-round deep-water shipping access through fjords leading directly to the North Atlantic. The company’s second cornerstone is the fully permitted Wolfsberg Lithium Project in Carinthia, Austria, located 270 km south of Vienna. Wolfsberg benefits from established road and rail infrastructure, binding offtake agreements with European battery manufacturers and a binding downstream partnership with a leading cathode producer. Together, these assets underpin Critical Metals’ goal to supply rare earth and lithium products essential for defense applications, electric vehicles and grid storage in Western markets.
3. Recent Drilling Results and Development Milestones
In late 2025, Critical Metals reported its first assay results from the ongoing drilling campaign at Tanbreez, confirming multiple thick, high-grade intersections of eudialyte mineralization enriched in dysprosium, terbium and yttrium. These results support an estimated mine life exceeding 30 years and reinforce the viability of the planned low-cost mechanical separation process. To accelerate data turnaround, the company invested approximately $1 million to acquire a mobile on-site geochemical analysis laboratory capable of delivering complete assay results within 80 minutes. Construction of an Arctic-grade pilot plant is underway under a turnkey contract, with completion targeted by May 2026 and full commercial production of roughly 85,000 tonnes of rare-earth oxides annually slated for 2028.