
"Critical Metals ( NASDAQ:CRML ) shares rocketed 32.6% higher yesterday after the company announced the first assay results from its 2025 drilling program at the Tanbreez rare-earth project in southern Greenland. The results confirmed additional high-grade intersections across the Fjord Deposit and Upper Fjord areas, building on prior drilling success. The stock has now surged approximately 158% year-to-date in 2026 as investors bet on the project's advancement toward a pilot plant launch targeted for May."
"The latest assays delivered another set of strong rare-earth grades, further validating Tanbreez as one of the world's largest and highest-grade known deposits of heavy rare-earth elements. Holes in the Fjord and Upper Fjord zones returned thick intervals of eudialyte mineralization with elevated levels of dysprosium, terbium, yttrium, and other critical elements outside China's dominance. These results support resource expansion, potential mine-life extension beyond the current 30-plus years, and higher confidence for the upcoming definitive feasibility study."
"Just days before the assay release, Critical Metals closed the acquisition of a fully integrated mobile geochemical analysis laboratory for approximately $1 million. The Bromet-sourced unit can deliver complete rare-earth assay results in about 80 minutes on site, eliminating months-long delays from shipping samples to distant labs. This capability will dramatically accelerate the 2026 drilling campaign, providing real-time data to guide infill and step-out holes while r"
Critical Metals released initial 2025 drilling assays from the Tanbreez rare-earth project, prompting a significant share-price rise and strong year-to-date performance. The assays confirmed thick eudialyte mineralization in the Fjord and Upper Fjord zones with elevated dysprosium, terbium, yttrium and other heavy rare-earths, supporting resource growth and potential mine-life beyond 30 years. The results increase confidence for a definitive feasibility study and endorse a simple mechanical separation approach that avoids chemical cracking. A newly acquired mobile Bromet lab can produce complete on-site assays in about 80 minutes, accelerating 2026 drilling and real-time targeting ahead of a planned May pilot plant.
Read at 24/7 Wall St.
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