Critical Metals Soars 13.79% on U.S. Loan Interest

On June 16, 2025, Critical Metals surged 13.79% in pre-market trading, marking a significant rise in its stock price.

Critical Metals Corp. has received a letter of interest from the U.S. Export-Import Bank for a loan of up to $120 million. This loan is intended to fund the company's Tanbreez rare earths mining project in Greenland. The potential financing is a major development for Critical Metals, as it could provide the necessary capital to advance its mining operations and secure a significant position in the rare earths market.

The U.S. Export-Import Bank's consideration of this loan highlights the strategic importance of Critical Metals' project. The loan, if approved, would support the development of a critical mineral supply chain, which is essential for various high-tech industries, including defense and renewable energy. This move aligns with broader U.S. efforts to reduce dependence on foreign sources of rare earth elements, particularly from China.