US Buys Greenland Stake? Critical Metals Soars
Update: 2025-10-06
Description
Is Greenland the next battleground in the U.S.-China tech war? Shares of Critical Metals skyrocketed after reports that the U.S. government may buy a stake in their Greenland rare earths project, aiming to break China's near-monopoly on these crucial minerals. Washington's potential investment, converting a $50M grant into equity, signals a major push for resource independence, but amidst the excitement, Critical Metals warns investors about restated financials.
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