Critical Metals (CRML) surged 19.0% in after-hours trading following a $20 million all-share acquisition of ultra-high-purity copper powder at a 40% premium and environmental approvals for its Greenland Wolfsberg Lithium Project. The acquisition, announced November 21, strengthens CRML’s position in the critical minerals supply chain, while the November 25 approvals for the Wolfsberg project remove regulatory hurdles for lithium development. These developments align with rising global demand for battery-grade materials and signal operational progress, directly driving the sharp post-market rally. Other news events, including governance disputes at a related entity, environmental reviews in Austria, and unrelated projects by other companies, did not correlate with the stock’s movement.
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