24/7 Market News Snapshot 26 August, 2025 – Critical Metals Corp. Ordinary Shares (NASDAQ:CRML)
DENVER, Colo., 26 August, 2025 (www.247marketnews.com) – (NASDAQ:CRML) are discussed in this article.
Critical Metals Corp. (CRML) has experienced a notable surge in its stock performance, currently trading at $7.207, reflecting a robust increase of over 14.40% from the previous session’s close at $6.30. The significant upward momentum culminated in a trading volume of 15.01 million shares, indicative of heightened investor interest and potential volatility. This breakout above the $7 threshold may suggest further upward potential, prompting investors to closely monitor volume trends and technical indicators, such as the Relative Strength Index (RSI), to assess the sustainability of this rally.
In a landmark development, Critical Metals Corp. has signed a letter of intent (LOI) for an offtake agreement with Ucore Rare Metals Inc., ensuring a multi-year supply of heavy rare earth concentrate from its Tanbreez Project, projected at up to 10,000 metric tons annually. This output is expected to represent approximately 10% of the project’s initial production capacity. The rare earth concentrate from the Tanbreez Project will undergo hydro-metallurgical processing at Ucore’s advanced facility in the United States, which has garnered support from the government and the U.S. Department of Defense.
Tony Sage, CEO and Executive Chairman of Critical Metals Corp., underscored the importance of this agreement, characterizing it as a vital step toward establishing a more resilient supply chain in the West, reducing dependency on Chinese sources. Meanwhile, Ucore’s Chairman and CEO, Pat Ryan, highlighted the exceptional concentration of heavy rare earths within the Tanbreez Project, aligning with Ucore’s objective to revolutionize the supply dynamics of critical minerals in North America.
Together, Critical Metals and Ucore aim to navigate the increasing demand for rare earth elements essential for modern technologies and defense, paving the way for a sustainable and secure approach to mineral supply that meets both industry needs and national security challenges.