European Lithium (ASX: EUR) has identified wide zones of rare-earth mineralisation in initial assays from 2025 drilling at the Fjord deposit and Upper Fjord areas at its Tanbreez project in Greenland.
The assays included total rare earth oxide plus yttrium (TREO+Y) grades up to 0.47%, with heavy rare earth oxides comprising approximately 26 to 27% of TREO+Y.
European expects the results to support the company’s preparation of a revised mineral resource estimate (MRE) and help advance subsequent mine planning studies.
The news come at a time when Greenland's rare earth potential is the focus of international attention—particularly from US president Donald Trump.
Multi-Commodity Potential
Analysis of the project’s multi-commodity potential found the consistent presence of valuable gallium oxide, hafnium oxide, yttrium oxide, and cerium oxide, along with zirconium, niobium, and tantalum.
“These results are expected to contribute additional mineralised tonnage to the existing Hill and Lower Fjord Deposits and further support the scale and continuity of the Tanbreez project," executive chair Tony Sage said.
“Our external resource and mining consultants are currently validating the drilling data, and progressing pre-development pit optimisation and mineral resource studies."
The remaining assay results from the 2025 drilling field season and selective historical sampling will support the company’s planning for the 2026 field season.
CRML Saudi JV Agreement
Elsewhere, Critical Metals Corp (CRML) – in which European Lithium holds a 45% stake – has executed an agreement for the future processing of Tanbreez rare earths.
CRML and globally diversified industrial group Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company have proposed the formation of a 50/50 joint venture to develop, finance, construct, and operate a rare earth processing facility in Saudi Arabia.
The transaction includes long-term offtake rights for 25% of the Tanbreez project’s rare earth concentrate production to Saudi Arabia, supporting secure supply for advanced manufacturing, energy transition, and defense-related industries.
“By partnering with a leading Saudi Arabian industrial group and securing long-term offtake that brings Tanbreez to 100% committed production, we have effectively de-risked the project’s commercial pathway from mine to market," Mr Sage said.
