Rare Earth Mining News in Romania

Critical Metals
Critical Metals
CRML
Romania

Critical Metals says it has ‘cracked’ eudialyte hurdle, plans $2.2B a year refinery in Romania

Critical Metals has announced a preliminary study for a $2.2 billion-a-year refinery in Romania designed to process eudialyte concentrate from its Tanbreez project in Greenland. The proposed facility utilizes a patent-pending multistage mixed-acid leach process to recover high-purity rare earths and critical metals, projecting an NPV10 of $4.5 billion and an IRR of 55%.

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Critical Metals Corp
Critical Metals Corp
CRML
Romania

Critical Metals Corp (Nasdaq: CRML) Achieves Breakthrough Tanbreez Heavy Rare Earth Results: >99% Dissolution of Eudialyte Concentrate Into 19 Ultra-High-Purity Rare Earth Products; Refinery Study Projects US$1.8–2.2b in Annual Refinery Revenue

Critical Metals Corp has released preliminary economic modelling for its proposed Romania Process Refinery, which aims to process Tanbreez eudialyte concentrate. The study projects an NPV10 of US$4.5 billion, an IRR of 55%, and annual revenues of approximately US$2.2 billion, bolstered by significant high-purity silica by-product sales.

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