Critical Metals x Saudi Arabia based TQB!
Critical Metals Corp. has entered into a Memorandum of Understanding with Saudi Arabia-based TQB on January 15, 2026, to establish joint ventures for developing and operating a rare earth processing plant in Saudi Arabia. The facility will process materials from the Tanbreez Green Rare Earth Mine, in which Critical Metals holds a 42% equity stake. $Critical Metals (CRML.US)$
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david zai : Will it take off tomorrow?
75514705 : Bullish in the short term for a rise to 20, then to 30
xHushO OP david zai : Its a MOU only but not the only one. There were like 4 others. People definately want a piece of the pie!
75514705 : If it can drop by 4 today, it might also rise from 4 to 20 tomorrow.
股海踩浪 : A question: the initial joint venture ratio with Saudi was 50%, but today it has been changed to 42%, which means the controlling stake has decreased?
燕先生 股海踩浪 : This is a new
ElectricSilver 股海踩浪 : Its a different deal. The 50% is referring to the agreement with Saudis, 42% is referring to the mineral deposit they have rights to. They have 42% stake in the mine, but 50/50 deal with the Saudis.
102925437 : The remaining shares went into the US government's pocket