Overview
- Critical Metals shares have jumped about 80% over five days, recently up 17.99% to $13.94, according to Benzinga.
- The White House said the administration is discussing options to acquire Greenland, including potential military involvement.
- The company said it has formally greenlit construction of a multi-use storage and pilot-plant facility in Qaqortoq to support the Tanbreez project.
- CEO Tony Sage said the company expects to complete the remaining 25% of Tanbreez offtake agreements by early 2026 and would welcome U.S. government investment.
- Greenland and Denmark publicly rejected any takeover, a stance that could pressure recent gains if U.S. rhetoric cools or diplomatic pushback intensifies.