European Lithium (ASX:EUR) said that Critical Metals, in which it owns a 45% stake, has approved to begin construction of a multi-use storage and pilot-plant facility in Qaqortoq, Greenland, according to a Friday filing with the Australian bourse.
The facility, a key part of the Tanbreez rare earths and critical metals project, will be built under a turnkey design-build contract, the filing added.
The company's shares fell around 2% in recent Friday trade.
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