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Rare earth stocks are back in focus, and President Donald Trump’s renewed push toward Greenland has reignited speculative momentum. Shares of Critical Metals Corp. have ripped more than 57% higher in just a week – and more than doubled already this year — emerging as a top beneficiary as investors bet on Greenland’s strategic role in securing critical mineral supply.
Critical Metals has an asset in Tanbreez, a site acquired in 2024 that is known to be one of the largest rare-earth-producing sites. Greenland, which sits between North America and Europe, is ruled by Denmark and is known for its vast natural resources, including rare earth minerals, oil, and gas.
To build on Trump's interest, Critical Metals on Monday said it has approved and ordered a turnkey Integrated Mobile Geochemical Analysis Centre from Bromet to support the Tanbreez rare earths project, including pilot plant activities and ongoing project development.
The company said that it expects to acquire the assay laboratory and have it operated exclusively for the company by trained Greenlandic personnel. The acquisition is intended to support the company’s proof-of-concept pilot plant by enabling rapid, laboratory-grade elemental analysis of samples derived from drill core and pilot plant material. Critical Metals said that the system is designed to generate full rare earth element (REE) results in about 80 minutes.
Last week, Critical Metals said that it has officially started the construction of a multi-purpose storage and pilot-plant facility in Qaqortoq, Greenland, and will be aiding Tanbreez for the company’s Arctic mining operations.
Trump on Sunday said that the U.S. needs to acquire Greenland because its defense of “two dog sleds” won’t be enough to hold off the threat of China or Russia. An acquisition of Greenland by the United States would give the country access to these resources and exert pressure on China, which dominates the rare earth sector. “Greenland should make the deal because Greenland does not want to see Russia or China take over,” Trump told reporters.
Retail sentiment for Critical Metals on Stocktwits jumped to ‘extremely bullish’ from ‘bullish’ a month ago, with message volumes at ‘extremely high’ levels, heading into Tuesday’s premarket session.
In the last 24 hours, stock has seen a 487% jump in retail message volumes on Stocktwits and a whopping 4,818% spike in followers on the platform.
A bullish user on Stocktwits noted that Critical Metals could hit $20 by the end of the week.
Shares of Critical Metals have jumped nearly 80% in the last 12 months.
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