Simply Wall St. · 20d ago +0.94
Critical Metals (CRML) Is Up 41.6% After Securing 92.5% Control of Tanbreez Rare Earths Project
Earlier this week, the Government of Greenland approved Critical Metals’ acquisition of the remaining 50.5% stake in Tanbreez Mining Greenland, lifting its ownership in the rare-earths project to 92.5% and clearing a key regulatory hurdle. This near-full control over one of the world’s largest rare earth deposits could reshape Critical Metals’ role in future supply chains for the United States, Europe, and allied countries. We’ll now examine how gaining 92.5% ownership of Tanbreez influences...