Nasdaq-listed Critical Metals Corp has executed a nonbinding term sheet with Saudi Arabian industrial conglomerate Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company (TQB)
“The initial focus on antimony, gallium and rare earths will provide greater certainty for Australian projects, help attract further investment and assist the sector in managing potential future market disruptions.”
Tasmania is emerging as a key player in the global race for critical minerals after ABx Group produced a mixed rare earth carbonate (MREC) sample from its Deep Leads project.
Victoria is continuing to deliver accelerated critical minerals capabilities thanks to an approved mining work plan for VHM’s Goschen rare earths and minerals sands project in the state’s northwest.