Critical Metals projects proposed Romania rare earth refinery revenue at up to US$2.2 billion a year
CRML•Romania refinery plan tied to Tanbreez targets $2.2 billion annual revenue
Critical Metals detailed a Romania joint-venture refinery plan tied to Tanbreez, targeting 100,000 tons/year of eudialyte concentrate feed.
- Refinery model projects about USD 2.2 billion in annual revenue, NPV10 of about USD 4.5 billion, and IRR about 55%.
- Preliminary capex estimate is USD 1.85 billion, with a modeled payback period of about two years.
- The process targets 27,943 tons/year of rare earth and critical metal products, with more than 99% dissolution of eudialyte concentrate into 19 products.
- Silica by-product output is modeled at 25,670 tons/year, with revenue potential near USD 600 million; tailings are targeted near 1%.
