Critical Metals shares surge after Reuters report says Washington eyeing stake
Yahoo Financeยท2025-10-06 09:57
(Reuters) -Shares of Critical Metals surged over 75% in premarket trading on Monday after Reuters reported the Trump administration is discussing taking an equity stake in the development-stage mining company, citing four people familiar with the talks. If completed, the deal would give the U.S. government a direct interest in Greenland's largest rare earths project. Earlier this year, President Donald Trump had invoked emergency powers to boost domestic production of critical minerals as part of a broad ...