Critical Metals rises as Trump weighs Greenland acquisition, rare earths stake

Critical Metals

07/01/2026 13:31

** Shares of mining company Critical Metals CRML.O up 4.3% at $12.30 premarket

** The White House said on Tuesday that President Donald Trump is discussing options for acquiring Greenland, including potential use of the U.S. military

** CRML has a strategic presence in Greenland

** CEO said in December that it expects to finalize remaining 25% of offtake agreements for its Tanbreez rare earths project in Greenland by early 2026

** Reuters reported in October that Trump administration officials have discussed taking a stake in CRML

** As of last close, CRML stock up around 78% over the past one year

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))