Romanian media finds Frank Timis behind Tanbreez project in Greenland

The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according to Economica.net, citing Newsweek Romania.

After Romania won an arbitration against Rosia Montana Gold Corporation, the foreign investor still has to pay compensation.