Critical Metals Expands Drilling Campaign, Confirms Rare Earth Grades

Critical Metals Corp. shares rose 5.03% as it crossed above the 5-day SMA, reflecting positive investor sentiment amid broader market declines.

The company has expanded its drilling campaign at the Tanbreez asset, confirming stable rare earth grades, particularly a significant heavy rare earth component. This development is expected to support a revised Mineral Resource Estimate and subsequent mine planning studies, indicating strong potential for the project. Investor optimism was evident as shares rose nearly 3% following the update, with retail sentiment trending towards 'extremely bullish'.

This expansion not only enhances the project's scale but also aligns with the increasing global demand for strategic metals, positioning Critical Metals favorably in the market.