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Critical Metals Stock Surges on Greenland Rare-Earth Speculation

Critical Metals Stock Surges on Greenland Rare-Earth Speculation

Author:

Global Cryptocurrency

Published:

2026-01-07 12:29:02

11

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BTCCSquare news:

Critical Metals Corp (CRMTF) shares jumped 9.2% to $12.90 in premarket trading Wednesday, extending Tuesday's 25.6% rally. The surge follows renewed U.S. discussions about acquiring Greenland, where the company's Tanbreez rare-earth project is located.

CEO Tony Sage confirmed the company expects to finalize remaining offtake agreements by early 2026. The project positions Critical Metals at the center of Western efforts to secure rare-earth supplies for electric vehicles, defense systems, and electronics amid growing U.S.-China tensions.

Strategic geography amplifies the opportunity. Greenland's proximity to Russian military assets on the Kola Peninsula adds geopolitical significance to rare-earth development in the region.

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