SMRTR TechAug 4, 2025PYMNTS

Rare Earth Find in Greenland Threatens China’s Chip Dominance

SMRTR summary

Critical Metals Corp. discovered high concentrations of gallium and rare earth elements in Greenland, potentially reducing Western dependence on China for these crucial semiconductor materials. The Tanbreez Project contains gallium levels of 80-140 ppm along with neodymium and praseodymium, vital for electric vehicles and renewable energy technology. This discovery could reshape supply chains as China currently controls 69% of global rare earth production.

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