Live News • Jul 23
Critical Metals Named Finalist in Kenya Tender for Major Rare Earth Project Critical Metals said the Mrima Earth Limited Consortium it leads has been shortlisted as one of three finalists in the Government of Kenya’s tender to develop the Mrima Hill rare earth and niobium project.
Management frames the bid as aligned with Critical Metals’ plan to build a regional rare earth processing hub in Kenya, and to complement its existing projects within a Western-aligned rare earth supply strategy.
Critical Metals’ share price is US$6.52, with the stock down 37.6% over the past 30 days. This tender update has added focus for investors tracking execution on its project pipeline.
The main read-through is that Critical Metals has moved a step closer to securing a large rare earth and niobium project, but investors still face uncertainty around the final tender decision, project terms and future capital requirements. Live News • Jul 03
Critical Metals Launches Greenland Drilling and Agrees to Acquire European Lithium Critical Metals has begun a 10,000‑meter diamond drilling program at its Tanbreez Rare Earth Project in Southern Greenland and signed a binding Scheme Implementation Deed to acquire all shares and listed options of European Lithium Ltd, which owns what it describes as Europe’s first fully permitted lithium mine in Austria.
Management indicates the drilling aims to refine resource estimates, geological models and mine planning at Tanbreez, while the European Lithium acquisition would expand Critical Metals’ exposure to Western-focused rare earth and lithium supply chains, with European Lithium shareholders expected to hold about 41% of the combined company after completion.
Critical Metals’ stock trades around US$9.56, with the share price up about 17.7% year to date, despite recent short-term weakness.
The combination of an intensive Greenland drilling campaign and a large share-based acquisition leaves Critical Metals with higher execution and integration risk, alongside potential benefits from a broader critical materials portfolio if project plans progress as intended. Live News • Jun 30
Critical Metals Acquires Ice-Strengthened Vessel to Advance Greenland Tanbreez Project Critical Metals has acquired the Ocean Endeavour, a 180-passenger ice-strengthened vessel, to support development of its Tanbreez critical minerals project near Qaqortoq, Greenland, providing turnkey accommodation for up to 300 workers and on-site transport.
The vessel is intended to improve workforce safety, living conditions and logistical efficiency in an Arctic setting, giving Critical Metals dedicated infrastructure to keep development activities on schedule in a region where access and weather can be major constraints.
Critical Metals shares trade at $10.27, with the stock up 26.5% year to date, indicating investors have already seen sizeable moves in 2026.
The acquisition gives Critical Metals a hard asset directly tied to execution risk at Tanbreez, but it also raises questions around capital intensity, operating costs and how effectively the vessel will be utilized outside peak work periods. 
