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Critical Metals launches 50-50 Saudi JV to refine rare earths from Greenland (CRML:NASDAQ)

Modern industry depends on mining for the valuable rare-earth, rare earth crystal detail

Joaquin Corbalan/iStock via Getty Images

Critical Metals (CRML) said Thursday it signed a non-binding term sheet to form a 50-50 joint venture with Saudi Arabia’s Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company that would refine 25% of capacity from the planned Tanbreez rare earth project

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