Shares of Critical Metals surged to their highest level in nearly three months after the company announced further upgrades to its flagship Tanbreez rare earth project in southern Greenland, amid renewed geopolitical attention on the Arctic territory from the United States
Earlier this week, the Nasdaq-listed company said it will acquire a fully integrated, mobile assay laboratory to support its Tanbreez project, which hosts one of the world’s largest known rare earth deposits The laboratory, developed by mining solutions provider Bromet, will enable real-time, on-site geochemical analysis of drill core and pilot plant samples, strengthening data collection and accelerating decision-making as the project advances toward pilot-scale operations
