Break it Down: EUR welcomes US$120m LOI for Tanbreez rare earth development

European Lithium and Critical Metals Corp have received a LOI from EXIM in the US to fund the development of the Tanbreez project in Greenland.

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, host Tylah Tully looks at the latest from European Lithium (ASX:EUR),who is the largest shareholder of Critical Metals Corp.

Critical Metals' Tanbreez project boasts one of the largest rare earth deposits in the world, and the company has just been the recipient of a US$120 letter of interest from the Export-Import Bank of the United States to assist in its development.

Tune in to hear all about it.

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Originally published as Break it Down: EUR welcomes US$120m LOI for Tanbreez rare earth development