BRIEF-Critical Metals Corp: No Plans To Issue Debt Or Equity For Saudi JVJan 22 (Reuters) - Critical Metals Corp CRML.O:
: INDEPENDENT ANALYSTS CONFIRM GREENLAND'S TANBREEZ MINE CAN 'CONSISTENTLY' PRODUCE RARE EARTHS OXIDE AT CONCENTRATE GRADES ABOVE 3%
: NO PLANS TO ISSUE DEBT OR EQUITY FOR SAUDI MINERALS PROCESSING JOINT VENTURE
: LONG-TERM PLAN IS FOR TANBREEZ MINE TO BE OPERATED BY LOCAL GREENLAND LABOR
: EXPLORING OFFTAKE-LINK PAYMENTS WHERE BUYERS WOULD PROVIDE UPFRONT CAPITAL IN EXCHANGE FOR FUTURE SUPPLY
: IN DISCUSSIONS WITH 'SEVERAL GOVERNMENTS AT MULTIPLE LEVELS' REGARDING FINANCING OPTIONS FOR TANBREEZ PROJECT IN GREENLAND
Source text: [ID:]
Further company coverage: CRML.O
(Reporting By Ernest Scheyder)
((ernest.scheyder@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments