Commodities

Critical Metals Targets Non Chinese Rare Earth Chain With Saudi JV


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  • Critical Metals (NasdaqGM:CRML) agreed to a 50-50 joint venture with Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company to build and run a rare earth processing and refining facility in Saudi Arabia.

  • The company is pairing this with a fully autonomous Nexus 20 communications and drone system at its Tanbreez rare earth project in Greenland to support project development and monitoring.

  • Together, these steps are aimed at developing a non Chinese rare earths supply chain linked to advanced manufacturing and defense markets.

For investors tracking critical minerals, Critical Metals sits at the intersection of resource access in Greenland and processing potential in the Middle East. Rare earths are central to electric vehicles, wind turbines and defense applications, so new processing capacity outside China tends to attract close attention from policymakers and manufacturers. By tying its upstream project to a planned Saudi processing hub, NasdaqGM:CRML is positioning itself directly in that conversation.

The planned drone and communications rollout at Tanbreez adds a technology layer that may support data collection, safety and on the ground visibility for partners and regulators. If execution matches the company’s plans, these moves could influence how NasdaqGM:CRML is viewed across supply chain security discussions and future offtake or funding talks.

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NasdaqGM:CRML Earnings & Revenue Growth as at Jan 2026
NasdaqGM:CRML Earnings & Revenue Growth as at Jan 2026

How Critical Metals stacks up against its biggest competitors

  • ⚖️ Price vs Analyst Target: At US$18.27, there is no published analyst price target to benchmark the current price against.

  • ⚖️ Simply Wall St Valuation: Valuation is marked as unknown, with no DCF fair value available for Critical Metals.

  • ✅ Recent Momentum: The share price has returned about 1.36% over the last 30 days.

Check out Simply Wall St’s in depth valuation analysis for Critical Metals.

  • 📊 The Saudi joint venture and Greenland tech rollout position Critical Metals directly in the push for a non Chinese rare earths supply chain, which can be important for EV and defense buyers.

  • 📊 Keep an eye on progress milestones for the Saudi facility, deployment of the Nexus 20 system at Tanbreez, and any offtake or funding agreements tied to these assets.

  • ⚠️ The company reported only about US$561k in revenue and a loss of roughly US$51.9m, with less than US$1m in revenue flagged as a major risk.

For the full picture including more risks and rewards, check out the complete Critical Metals analysis.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include CRML.

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