REalloys announced last Thursday a definitive 15-year offtake agreement with Critical Metals Corp. The agreement pertains to 15% of Phase 1 production from the Tanbreez project in southern Greenland, which hosts one of the world's largest known heavy rare earth deposits. This development occurs as the United States seeks to establish alternative rare earth supply chains ahead of a planned 2027 ban on materials originating from China.
Business · Supply Chain
US Company Secures Greenland Rare Earth Supply Amidst Supply Chain Push
A US-based company has entered into a significant agreement to secure rare earth minerals from a major deposit in Greenland, bolstering efforts to diversify supply chains.
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