Critical Metals Corp (CRML) Aims to Cut China's Rare Earth Market Control to 50% in Greenland
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: Benzinga
- Political Neutrality Strategy: Critical Metals CEO Tony Sage stated that he is striving to maintain close ties with the Trump administration, the EU, and local Greenlandic government to prevent the company from becoming a 'political football,' ensuring smooth project progress.
- Market Control Shift: Sage anticipates that if the project proceeds as planned, the high concentration of heavy rare earths at the mine could reduce China's market control from approximately 97% to 50%, significantly altering the global rare earth supply chain landscape.
- Project Progress and Timeline: Critical Metals currently owns 92.5% of Tanbreez, with full construction expected to commence in 2027 and finish in 2028, which will bolster the U.S. position in the rare earth supply chain.
- Stock Performance: Over the past year, Critical Metals' stock surged by 101.98%, and it traded 5.5% higher in Thursday's pre-market session, reflecting strong market confidence and positive investor sentiment towards its rare earth project.
Analyst Views on CRML
About CRML
Critical Metals Corp. is a mining development company. The Company is focused on mining critical metals and minerals and producing strategic products essential to electrification and technologies for Europe and its partners. Its flagship Project, Tanbreez, consists of rare earth deposits and is located in Southern Greenland. The Wolfsberg Lithium Project is located 270 km southwest of Vienna, in Austria’s Carinthia region. The Wolfsberg Lithium Project is a fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure. With its strategic asset portfolio, the Company supplies critical minerals essential for defense applications, the clean energy transition, and technologies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
