Critical Metals Soars 24.14% on U.S. Loan Interest

On June 16, 2025, Critical Metals surged by 24.14% in pre-market trading, marking a significant rise in its stock price.

The U.S. Export-Import Bank is considering a $120 million loan for Critical Metals Corp's rare earths mining project in Greenland. This potential financing is aimed at enhancing the company's Tanbreez rare earths mine project, which is crucial for the U.S. to secure a stable supply of critical minerals.

Critical Metals has received a letter of interest from the U.S. Export-Import Bank for the $120 million loan. This development has been seen as a positive catalyst for the company's stock price, as it indicates strong support from the U.S. government for its rare earths project in Greenland.

The loan, if approved, will provide Critical Metals with the necessary capital to advance its mining operations and strengthen its position in the global rare earths market. This strategic financing is expected to bolster the company's growth prospects and attract further investment.