PROJECT FINANCE

European's Critical Greenland play cashes up

Huge disparity again emphasised between value of Critical stake and EUR’s market cap

China has a stranglehold on the rare earths sector, hence the Western world wants to find deposits elsewhere such as in Greenland which has recognised prospectivity.

China has a stranglehold on the rare earths sector, hence the Western world wants to find deposits elsewhere such as in Greenland which has recognised prospectivity. | Credits: Ivan Marc

European Lithium's majority owned Critical Metals Corp has raised US$22.5 million for work on its Tanbreez rare earth project in Greenland and the Wolfsberg lithium project in Austria. The raising was...

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