Critical Metals Corp. has appointed Clear Street as a financial advisor to conduct a strategic review of its non-core assets. The company is evaluating several options, including asset sales, spin-offs, joint ventures, and strategic partnerships.
This review aims to unlock capital for the development of the flagship Tanbreez rare earth project in Greenland. The strategic shift positions the firm as a Western supplier of heavy rare earths for the defense, energy, and technology sectors.
Chairman Tony Sage stated that focusing on Tanbreez is the primary path to creating long-term shareholder value. The company has not established a specific timetable for the review and will only announce updates following board approval.