Critical Metals (CRML) Gains 16.43% on Greenland Project Construction Approval
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2026
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Source: Fool
- Significant Stock Surge: Critical Metals' stock price increased by 16.43% to $13.75 following the construction approval for the Tanbreez project in Greenland, indicating strong market interest in rare earth supply security.
- Surge in Trading Volume: The trading volume reached 46.2 million shares, approximately 200% above the three-month average of 15.5 million shares, reflecting heightened investor interest in the company's future prospects.
- Strategic Project Advancement: The Tanbreez project is recognized by the U.S. Department of Defense as a strategic resource due to its critical applications in military technologies, enhancing the project's market appeal and investment value.
- Geopolitical Influence: Recent statements from the Trump administration regarding national security implications surrounding Greenland have driven investor attention towards Critical Metals stock, illustrating the direct impact of geopolitical events on share prices.
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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.
Austrian Government Renews Wolfsberg Mining License for Two Years
- License Renewal: The Austrian government has renewed the Wolfsberg mining license for an additional two years, despite incorrect media reports, ensuring Critical Metals Corp's mining development plans for the next two years and boosting investor confidence.
- Rising Lithium Prices: Lithium carbonate prices in China have surged to approximately CNY 168,000–170,000 per tonne (around USD 23,000–24,000), marking over a 100% year-over-year increase, reflecting tightening supply dynamics and expected to facilitate project financing for the company.
- Decision Timeline: Critical Metals Corp aims to decide by the end of 2026 whether to commence mining, contingent on sustained robust lithium prices and available financing options, which will lay the groundwork for future profitability and strengthen its market position.
- Project Potential: The Wolfsberg lithium project is regarded as one of Europe's most advanced lithium assets, equipped with strong infrastructure and technical support, and is expected to become a major supplier for the European electric vehicle and battery storage markets, aiding the region's energy transition.
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Critical Metals Updates on European Operations and Project Developments
- Project Management Team Formation: Critical Metals has assembled a new project management team to accelerate the development of its flagship Tanbreez rare earths project, aiming to enhance project delivery efficiency amid intensifying global competition for critical mineral supplies.
- Lithium License Renewal: The Austrian government has renewed the Wolfsberg lithium mining license for two years, providing regulatory clarity for one of Europe's most advanced hard-rock lithium projects, which is crucial as the company evaluates mining start amidst rising lithium prices.
- Strategic Importance of Rare Earths: The Tanbreez project hosts one of the world's largest rare earth deposits and is strategically located near North Atlantic shipping routes, making it logistically advantageous; rare earth elements are essential for electric vehicles and wind turbines, enhancing the project's strategic value.
- Positive Market Sentiment: While retail sentiment on Stocktwits shifted from 'bullish' to 'neutral', there remains optimism regarding the strategic importance of the minerals and the likelihood of success, indicating strong market confidence in the company's future prospects.
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