ETM 0.00% 2.2¢ energy transition minerals ltd

A bit more today, from GreenCarCongress.com.Note the passage in...

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    A bit more today, from GreenCarCongress.com.
    Note the passage in bold at the end, which reflects some poster's doubts about this deal.

    Tanbreez Project asset highlights: Exploitation License Granted: the project is permitted with a license to mine the asset granted by the Greenland Government in 2020.4.7 billion-ton Multi-Element Management Estimated Resource: S-K 1300 conversion underway. Reliable and Long-term REE Supply Unlocked for the West: securing one of the largest rare earth deposits in the world for national defense. Strategically Located: the asset is favorably located in Southern Greenland in close proximity to airport and shoreline transportation options with established infrastructure in place for year-round direct shipping of end-products. Environmentally Friendly Asset: minimal harmful products expected to be produced in the mineralization of REEs at the project. Tanbreez Project asset highlights :Exploitation License Granted: the project is permitted with a license to mine the asset granted by the Greenland Government in 2020.4.7 billion-ton Multi-Element Management Estimated Resource: S-K 1300 conversion underway. Reliable and Long-term REE Supply Unlocked for the West: securing one of the largest rare earth deposits in the world for national defense. Strategically Located: the asset is favorably located in Southern Greenland in close proximity to airport and shoreline transportation options with established infrastructure in place for year-round direct shipping of end-products. Environmentally Friendly Asset: minimal harmful products expected to be produced in the mineralization of REEs at the project. The Tanbreez Project is expected to have access to key transportation outlets as the project’s area features year-round direct shipping access via deep water fjords that lead directly to the North Atlantic Ocean. The outcropping ore body known as Kakortokite covers an area of 8 x 5 km and is approximately 400m thick. This foundational rare earth asset is expected to benefit from robust regulatory tailwinds in both Europe and North American and long-term secular trends for next-generation technology for both commercial and government applications. With China dominating more than 90% of the world’s rare earth assets, this acquisition would represent a strategic move for Critical Metals Corp as it continues to position itself as a leading supplier of critical minerals for the western world. By centralizing the supply chain for critical minerals and working with Critical Metals Corp and Tanbreez, western countries can reduce their dependence on foreign imports, thereby bolstering their national security.
    Critical Metals Corp’s assessment and estimates of the Tanbreez Project to date have been limited.Critical Metals Corp’s assessment of these assets may not reveal all existing or potential problems, nor will it permit it to become familiar enough with the properties to assess fully their capabilities and deficiencies. Further, Critical Metals Corp may not be able to achieve the expected benefits of the acquisition.

 
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