U.S. Stock Movement | Critical Metals surged 22%, skyrocketing 357% this month
On Tuesday, Critical Metals surged 22% in early trading, reaching a historic high, with a monthly increase of 357%. In terms of news, the company signed a 10-year purchase agreement letter of intent with Realloys on October 13, involving 15% of the output from the Tanbreez project, approximately 6.75 million tons of rare earth concentrates, aimed at strengthening the North American rare earth supply chain. The company holds a 42% stake in Tanbreez Mining Greenland A/S, which is one of the largest heavy rare earth deposits in the world, primarily engaged in rare earth mining development
According to Zhitong Finance APP, on Tuesday, Critical Metals (CRML.US) surged 22% in early trading, reaching an all-time high, with a monthly increase of 357%. In terms of news, the company signed a 10-year purchase agreement letter of intent with Realloys on October 13, involving 15% of the output of the Tanbreez project, approximately 6.75 million tons of rare earth concentrates, aimed at strengthening the North American rare earth supply chain. The company holds a 42% stake in Tanbreez Mining Greenland A/S, which is one of the largest heavy rare earth deposits in the world, primarily engaged in rare earth mining development
