Critical Metals Corp. Forms 50-50 Rare Earth Joint Venture With Romania

Reuters12-09

Critical Metals Corp. Forms 50-50 Rare Earth Joint Venture With Romania

Critical Metals Corp. has executed a term sheet for a 50/50 joint venture with Romania's state-owned Fabrica de Prelucrare a Concentratelor de Uraniu S.R.L. (FPCU). This partnership will establish a fully integrated mine-to-processing supply chain for rare earth elements in Europe, aiming to enhance long-term security for the region's manufacturing and national security sectors. The new facility in Romania will process premium rare earth concentrates from Critical Metals Corp.'s Tanbreez Project, producing aerospace and military-grade magnets. The agreement ensures a secure, NATO-aligned feedstock for European industries and represents a significant step toward reducing dependence on Chinese rare earth processing. Critical Metals Corp. will retain a 50% carried interest in the joint venture without capital expenditure requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Critical Metals Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9599075) on December 09, 2025, and is solely responsible for the information contained therein.

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