Critical Metals Signs Saudi MoU to Pursue Tanbreez Rare Earths Processing JV
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Critical Metals Corp ( (CRML) ) has provided an announcement.
On January 15, 2026, Critical Metals Corp. signed a Memorandum of Understanding with Saudi Arabia-based Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company to explore forming one or more joint ventures to develop, own and operate a rare earth processing plant and refining facility in the Kingdom of Saudi Arabia using concentrate from the Tanbreez Green Rare Earth Mine, where Critical Metals holds a 42% interest. The company also disclosed that it has now entered into four non-binding term sheets for offtake of rare-earth concentrate from the Tanbreez project, signaling growing commercial interest but emphasizing there is no assurance these discussions, including with TQB, will result in binding agreements on favorable terms or at all; the announcement came alongside notice of a January 22, 2026 business update webcast and call, underscoring management’s efforts to engage investors around its evolving commercialization strategy for Tanbreez.
The most recent analyst rating on (CRML) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Critical Metals Corp stock, see the CRML Stock Forecast page.
More about Critical Metals Corp
Critical Metals Corp. is a foreign private issuer focused on the development and commercialization of rare earth resources, with a key interest in the Tanbreez Green Rare Earth Mine, in which it currently holds a 42% equity stake. The company operates within the critical minerals and rare earths sector, targeting processing and refining capabilities to support downstream demand for rare earth materials.
Average Trading Volume: 12,423,838
Technical Sentiment Signal: Buy
Current Market Cap: $2.08B
Learn more about CRML stock on TipRanks’ Stock Analysis page.
