24/7 Market News Snapshot 16 June, 2025 – Critical Metals Corp. Ordinary Shares (NASDAQ:CRML)

June 16, 2025

DENVER, Colo., 16 June, 2025 (www.247marketnews.com) – (NASDAQ:CRML) are discussed in this article.
Critical Metals Corp. (CRML) is witnessing remarkable upward momentum in the pre-market, trading at $2.409, which represents an impressive increase of 18.67% from its previous close of $2.030. This surge is supported by a remarkable trading volume of 2.27 million shares, suggesting strong interest from investors. The current trajectory indicates an optimistic market sentiment, potentially influenced by the company’s recent announcements. Investors are advised to keep an eye on key resistance levels above $2.40, while previous close figures may provide a baseline of support. Sustaining this bullish trend will necessitate continued high trading volumes.

In a strategic advancement, Critical Metals Corp. has received a Letter of Interest from the Export-Import Bank of the United States (EXIM) concerning a substantial $120 million non-dilutive funding package. This initiative is aimed at expediting the development of the highly regarded Tanbreez Project, one of the world’s largest rare earth deposits. The funding is integral to EXIM’s Supply Chain Resiliency Initiative (SCRI) and will finance various critical components, including technical studies, pre-production activities, and the initiation of mining operations at Tanbreez, which requires an estimated total investment of $290 million for initial commercial production.

Tony Sage, CEO and Chairman of Critical Metals Corp., emphasized the strategic significance of this project within the rare earth supply chain, affirming the company’s commitment to ensuring the supply of crucial materials necessary for enhancing the competitiveness of Western industries. Critical Metals Corp. is on track to finalize a definitive feasibility study by the conclusion of 2025, which will provide detailed insights into asset volumes and timelines. Moreover, the company aspires to invest an additional $10 million in exploration to potentially increase its ownership stake in Tanbreez to 92.5%. This funding will firmly align with EXIM’s mission to strengthen U.S. standing in the global market and combat competition from foreign entities, ultimately positioning Critical Metals Corp. as a reliable source of essential minerals in the evolving landscape.

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