Critical Metals Surges After Boosting Stake in Greenland Rare Earths Asset to 92.5% (CRML:NASDAQ)
The approval gives Critical Metals full control of Tanbreez and clears the way for a 150-tonne bulk sample program in June 2026.
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Stock Market Today, April 17: Critical Metals Surges After Greenland Approves 92.5% Tanbreez Stake and Operating Control
Critical Metals (NASDAQ:CRML), a lithium and rare-earth minerals explorer, closed Friday at $12.56, up 35.49%. The stock is jumping after Greenland approved Critical Metals’ increased stake and expanded operating authority at the Tanbreez rare-earth project. Trading volume reached 72.8 million shares, about 427% above its three-month average of 13.8 million shares.How the markets moved todayThe S&P 500 advanced 1.19% to finish Friday at 7,125, w…
Critical Metals surges after boosting stake in Greenland rare earths asset to 92.5% (CRML:NASDAQ)
Critical Metals said Greenland's government approved the transfer of the remaining 50.5% interest in the Tanbreez rare earth deposit, bringing the company's total ownership stake to 92.5%.
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