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Stock impact report

Why Critical Metals Corp Stock Fell 11.3% Today [Yahoo! Finance]

Critical Metals Corp. - Ordinary Shares (CRML) 
Company Research Source: Yahoo! Finance
The domestic investment deflated speculation that Critical Metals would receive similar federal backing. Critical Metals' Greenland project remains years from commercialization. 10 stocks we like better than Critical Metals › Shares of Critical Metals Corp (NASDAQ: CRML) fell on Monday, finishing the day down 11.3%. The drop came as the S&P 500 gained 0.5% and the Nasdaq Composite gained 0.4%. The U.S. government has taken a 10% stake in the mining company USA Rare Earth , leading to a dip in many mining stocks like Critical Metals Corp, which had been driven higher by investors hoping for a similar investment from the federal government. That narrative has been especially strong for Critical Metals due to its Tanbreez project in Greenland, the massive territory that President Trump has said he wants under U.S. control. While a future deal could still be on the table, the Trump administration appears more interested in shoring up domestic access. The $1.6 billion deal wit Show less Read more
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