--- title: "This Rare Earth Stock Just Took Control of a Massive Greenland Deposit. Is It a Buy?" type: "News" locale: "en" url: "https://longbridge.com/en/news/283940549.md" description: "Critical Metals has gained control of the Tanbreez Project in Greenland, which contains essential heavy rare-earth elements crucial for defense and renewable energy. The company now holds a 92.5% stake after the Greenland government transferred ownership. With a refined concentrate grade of 2.96% Total Rare Earth Oxides, the project promises lower processing costs and higher profitability. Critical Metals plans to invest $30 million to expand resources and enhance operations, targeting first ore production by late 2028 or early 2029. Analysts suggest keeping the stock on a watch list rather than buying now." datetime: "2026-04-24T05:50:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283940549.md) - [en](https://longbridge.com/en/news/283940549.md) - [zh-HK](https://longbridge.com/zh-HK/news/283940549.md) --- # This Rare Earth Stock Just Took Control of a Massive Greenland Deposit. Is It a Buy? ## Key Points - Critical minerals and rare-earth elements are essential for industries like national security, semiconductors, and renewable energy. - China controls a significant share of global extraction and processing, and many countries are looking to diversify away from reliance on these sources. - Critical Metals has taken control of the resource-rich Tanbreez Project in Greenland, which contains vital heavy rare-earth elements crucial for defense and renewable energy applications. - 10 stocks we like better than Critical Metals › Critical minerals and rare-earth elements have come into focus, and for good reason. These elements are vital for industries such as national security and defense, semiconductors, and renewable energy. Not only that, but according to research from The Motley Fool, China accounts for roughly 70% of rare-earth extraction and 90% of rare-earth element processing. In recent years, China has imposed export restrictions on certain materials, prompting many Western countries to seek domestic sources. **Critical Metals** (NASDAQ: CRML) is one company looking to help these countries secure rare-earth elements, and recently took control of the Tanbreez project in Greenland to make this a reality. _**Will AI create the world's first trillionaire?** Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. **Continue »**_ Image source: Getty Images. ## Critical Metals has gained control of the resource-rich Tanbreez Project Critical Metals is an early stage mining company developing the Tanbreez Project in Greenland. What makes this site compelling is that it contains all eight essential heavy rare-earth elements (HREEs), including dysprosium and terbium, which are used for defense and renewable energy applications. Unlike many rare-earth projects located inland, Tanbreez is near deep-water fjords, providing year-round shipping access to the North Atlantic. This month, the government of Greenland agreed to transfer the remaining 50.5% ownership stake in the Tanbreez project to Critical Metals, giving the company a 92.5% stake. Critical Metals Chairman Tony Sage said that "this is a game-changing moment for Critical Metals" and that it "removes the significant structural overhang on the project." In March, independent testing confirmed a refined concentrate grade of 2.96% Total Rare Earth Oxides (TREO). This high-grade concentration matters because it translates into lower processing costs, making the project significantly more profitable. ## What's next for Critical Metals? In March, Critical Metals' board approved $30 million to fast-track drilling, engineering, and infrastructure, targeting a massive resource expansion from 45 million tonnes (Mt) to approximately 130Mt. The development of this project comes as U.S. President Donald Trump announced plans for "Project Vault," a $12 billion strategic critical minerals stockpile that will combine $2 billion in private capital with $10 billion in Export-Import (EXIM) Bank loans. As part of this, Critical Metals has secured a $120 million Letter of Intent from the U.S. EXIM Bank to support the development and financing of Tanbreez. Next up, Critical Metals will deploy fully autonomous communications towers and drone systems at the site to enhance operational monitoring. For the rest of this year, the company will conduct integrated field programs involving 6,000 meters of drilling and bulk sampling for feedstock. Next year, it will complete an updated Preliminary Economic Assessment (PEA) and advance toward final engineering designs. It targets first ore production in late 2028 or early 2029. ## This early-stage miner has its work cut out for it Critical Metals is positioning itself to be a key provider of critical minerals and rare-earth to Western nations, helping reduce reliance on China's supply chains. With the company now owning a majority stake in Tanbreez, the project has moved from an exploratory phase into direct development. That said, it will take time and capital to develop the Tanbreez project. For that reason, I think investors will want to avoid buying Critical Metals stock right now and instead should keep it on a watch list to see how the project unfolds in the coming years. ## Should you buy stock in Critical Metals right now? Before you buy stock in Critical Metals, consider this: The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and Critical Metals wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $502,837**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,241,433**!\* Now, it’s worth noting _Stock Advisor’s_ total average return is 977% — a market-crushing outperformance compared to 200% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.** **See the 10 stocks »** _\*Stock Advisor returns as of April 24, 2026._ _Courtney Carlsen has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy._ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [CRML.US](https://longbridge.com/en/quote/CRML.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [CRMLW.US](https://longbridge.com/en/quote/CRMLW.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Critical Metals Expands Tanbreez Ownership, Stock Moves Higher](https://longbridge.com/en/news/283148802.md) - [BUZZ-Critical Metals slips on $60 mln PIPE financing](https://longbridge.com/en/news/283509345.md) - [Origen Signs LOI to Acquire an Additional Rare Earth Project in Brazil | OGGNF Stock News](https://longbridge.com/en/news/283001220.md) - [Sandisk Just Joined the Nasdaq-100. 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