Critical Metals Stock Surges After Acquiring Majority Stake in Greenland Rare-Earth Deposit
In April 2026, Critical Metals (CRML) saw its stock rise by 60.3% after acquiring a 92.5% stake in the Tanbreez rare-earth deposit in Greenland and signing an agreement to acquire European Lithium for $835 million. This move positions Critical Metals as a potential key supplier of heavy rare-earth elements, which are crucial for high-performance magnets used in electronics, electric vehicles, and military systems.
Tickers: $CRML