Stock Track | Critical Metals Soars 14.90% in Pre-Market on Pilot Plant Approval and U.S. Greenland Acquisition Speculation

Stock Track01-07

CRITICAL METALS CORPORATION (CRML) surged 14.90% in pre-market trading on Wednesday, driven by two key developments. The company announced the approval and commencement of construction for a rare earths pilot plant in Greenland, a significant milestone for its Tanbreez project.

The pilot plant, scheduled to be operational by May 2026, is expected to accelerate the development of CRML's rare earth and critical metals project. This facility will support process verification and large-scale development, reinforcing the company's strategic position in the critical minerals sector.

Additionally, speculation about the U.S. potentially acquiring Greenland has fueled investor optimism. A U.S. takeover could enhance CRML's strategic importance, as the company's Tanbreez project is located in Greenland and aligns with efforts to secure critical mineral supplies outside China.

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