Reported 2 days ago
Shares of Critical Metals surged over 62% following a Reuters report that the U.S. government is in talks to acquire a stake in the company's rare earth mining project in Greenland. This initiative is part of Washington's broader strategy to secure critical minerals and reduce dependence on China. The potential deal could represent an 8% equity stake and aligns with the U.S.'s push to diversify its supply chain for rare earth elements.
Source: YAHOO