Critical Metals Corp (Nasdaq:CRML) announced that they have appointed NIRAS A/S (NIRAS) to help complete the DFS for the Tanbreez Rare Earth Project, a 500,000Mtpa mining and processing operation in Southern Greenland. NIRAS is a global leading multidisciplinary engineering and environmental consultancy based in Denmark, with around 70 years of experience in the industry, working across multiple areas including processing plants and construction of energy, water, environment, and infrastructure. They have 8000 ongoing projects in over 140 countries.
The feasibility study for Tanbreez will address all technical, environment, and commercial aspects of the project, including:
- Final Mine Design & Production Scheduling for Bulk Mining of Stratabound Kakortokite-Hosted Mineralization
- Process Plant Engineering for the Production of Feldspar, Arfvedsonite and Eudialyte Concentrates
- Material Handling, Logistics & Export Options via the Fjord System
- Capital & Operating Cost Estimates
- Environmental & Social Impact Assessment (ESIA) Integration
- Updated Financial Modelling and Sensitivity Analysis
- Project Implementation & Construction Planning
The DFS is expected to be completed in Q4 2025 and will form the main component of the Tanbreez updated Exploitation License documentation. This will be submitted to the Mineral License and Safety Authority (MLSA) of Greenland, in accordance with the Greenlandic Mineral Resources Act and the terms of the granted exploitation license MIN 2020-54.
Tony Sage, CEO and Chairman of Critical Metals Corp commented on the announcement, “Engaging NIRAS is a key development advancing our efforts to commercialize our world-class Tanbreez project, as the DFS is an essential technical report that positions the mine for future production. We look forward to partnering with NIRAS, a well-respected firm both in Greenland and globally, to help us unlock enormous value at Tanbreez.”
To read more about this, please visit https://www.criticalmetalscorp.com/
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