Shares of Critical Metals Corporation (CRML) surged 9.12% during pre-market trading on Monday, significantly outperforming the broader market.
The sharp rise comes as rare earth and critical mineral stocks rallied following news that the U.S. government is investing $1.6 billion into USA Rare Earth. The investment, part of a broader push to shore up domestic production of key minerals and reduce reliance on China, boosted sentiment across the entire sector, leading to widespread gains in pre-market trading.
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