Critical Metals (CRML) signs Saudi rare earth MoU tied to Tanbreez
Rhea-AI Filing Summary
Critical Metals Corp. entered into a non-binding Memorandum of Understanding with Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company to pursue one or more joint ventures in Saudi Arabia. These joint ventures are intended to develop, own and operate a processing plant and refining facility for rare earth resources from the Tanbreez Green Rare Earth Mine, in which the company currently owns 42% of the equity interests. The company notes there is no guarantee that this MoU or other existing non-binding offtake term sheets for rare-earth concentrate from the Tanbreez Project will result in binding agreements on favorable terms or at all.
The company also scheduled a business update webcast and conference call on January 22, 2026 at 8:00 AM ET, where management will provide a corporate update and take questions. Investors can access the event through the company’s website or by phone, with a replay to be made available afterward.
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FAQ
What did Critical Metals Corp. (CRML) announce in this Form 6-K?
Critical Metals Corp. reported that it signed a non-binding Memorandum of Understanding with Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company to work toward joint ventures in Saudi Arabia focused on processing and refining rare earth resources from the Tanbreez Green Rare Earth Mine.
What is the relationship between Critical Metals Corp. (CRML) and the Tanbreez Project?
Critical Metals Corp. stated that it currently owns 42% of the equity interests in the Tanbreez Green Rare Earth Mine, referred to as the Tanbreez Project.
Are the offtake agreements for Tanbreez rare-earth concentrate binding for CRML?
The company disclosed that it has entered into four non-binding term sheets for the offtake of rare-earth concentrate from the Tanbreez Project and emphasized there is no guarantee these will become binding agreements on favorable terms or at all.
Who is TQB in Critical Metals Corp.’s new MoU?
Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company, or TQB, is a company organized under the laws of the Kingdom of Saudi Arabia that signed the non-binding Memorandum of Understanding with Critical Metals Corp. to explore joint ventures for processing and refining rare earth resources.
When is the Critical Metals Corp. (CRML) business update call and how can investors join?
The company scheduled a business update webcast and conference call for January 22, 2026 at 8:00 AM ET. Investors may listen via the Events page on the company’s website or join by phone using the listed U.S. and international dial-in numbers.
Which registration statements incorporate the MoU information for Critical Metals Corp.?
The information under the heading “Offtake MoU” is incorporated by reference into Critical Metals Corp.’s registration statements on Form F-3 (File Nos. 333-290973 and 333-286326), Form F-1 (File No. 333-278400), and Forms S-8 (File Nos. 333-291195 and 333-280017).