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Stock impact report

Greenland again a focus as Critical Metals ups rare-earths stake [Yahoo! Finance]

Critical Metals Corp. - Ordinary Shares (CRML) 
Company Research Source: Yahoo! Finance
Greenland's government has approved the transfer of its remaining 50.5% interest in the Tanbreez deposit to Critical Metals, bringing the New York-based company's total ownership to 92.5%. The Tanbreez rare-earth deposit is one of the world's largest known rare-earths projects and was eyed by the Trump administration last year, when it floated the idea of acquiring Greenland. Critical Metals (CRML) shares jumped 22% in premarket trading Friday after the announcement. Rare earth supply chain race The deal also brings renewed focus to Greenland's emerging role in the global race for critical minerals. Tanbreez contains rare earth elements including terbium and dysprosium, crucial materials used in magnets, consumer electronics and defense technology. In a global landscape where China dominates rare-earth mining and processing, the Trump administration and its allies have been pushing for supply-chain independence. U.S. Treasury Secretary Scott Bessent on Wednesday urged t Show less Read more
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