Critical Metals Corporation (CRML) surged 5.37% in after-hours trading Wednesday, extending its earlier gains as investors grew optimistic about the company's strategic position in Greenland's rare earth sector.
The rally follows growing speculation about potential U.S.-Greenland resource agreements that could accelerate development of CRML's Tanbreez project. Analysts highlight the deposit as a key beneficiary of geopolitical efforts to diversify rare earth supply chains away from Chinese dominance.
The movement mirrors broader strength in rare earth stocks, with sector peers also advancing as investors bet on supply chain diversification trends.
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