Critical Metals Corp. shares rise 4.99% premarket after China restricts critical minerals for Western defense manufacturers.

Critical Metals Corp. rose 4.99% in premarket trading, with the company's stock price potentially influenced by recent news events. China's restriction on critical minerals for Western defense manufacturers, as reported by the WSJ, could increase demand for alternative sources of these minerals, benefiting companies like Critical Metals Corp. Additionally, Alcoa's exploration of a gallium project in Western Australia, a highly sought-after mineral, may indicate growing interest in the critical minerals sector, which could positively impact Critical Metals Corp.