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Critical Metals Corp says drilling at its Tanbreez project in southern Greenland has led to the discovery of one of the world’s highest concentrations of gallium, further demonstrating the value of what is already a world-class rare earth asset. at 28.2 million tonnes of total rare earth oxides , contained within 4.7 billion tonnes of material. This resource is expected to contain over 27% heavy rare earth elements , which carry higher value than light rare earth elements.
Of the four zones, the company highlighted assay results from the EALS zone, which contains a large number of pegmatites with grades exceeding 5% ZrO2 and more than 2% REO . Notably, the percentage of HREEs within the rare earth fraction ranged up to 40.8%. “The results from our drilling program compare favorably with other recent results that have been announced to the market and we look forward to unlocking the full potential of this transformational asset,” stated Critical Metals chairman and CEO Tony Sage.
Currently, approximately 98% of the world’s gallium production is sourced from China, where it is primarily a byproduct of bauxite mining. However, the Chinese government last year imposed export licensing controls on the metal, which would significantly impact the global supply moving forward.
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