NewsTradingSentimentCalendarCommunityBriefing
Stocks LIVE

Critical Metals Models $1.85B Romanian Rare Earths Refinery

By Stocks Desk · 2026-09-17 · Updated 2026-09-17 09:38 UTC
A large industrial refinery complex with tall smokestacks and processing tanks situated near a body of water
Illustration: Tradingbird

Critical Metals has published a feasibility study for its proposed $1.85 billion Romanian rare earths refinery, projecting a $4.5 billion net present value and 55% internal rate of return. The plant aims to process 100,000 tonnes of feedstock per year, producing high-purity rare earths and significant silica byproducts to support Western supply chains.

  • According to Engineering News, the facility is designed to process 100,000 tonnes of eudialyte concentrate annually, yielding roughly 27,943 tonnes of rare earth products and 25,670 tonnes of high-purity silica, a byproduct that could generate up to $600 million in annual revenue alone.

    Source: Engineering News
  • Critical Metals Corporation has released a feasibility study for a proposed 50:50 joint venture refinery in Romania, projecting a capital expenditure of $1.85 billion and a net present value of $4.5 billion.

    Source: Mining Weekly
Based on reporting by Mining Weekly and Engineering News, compiled by the Tradingbird desk.

More from the Stocks desk

All desk stories