U.S. Stock Movement | Critical Metals surged 22%, skyrocketing 357% this month
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On Tuesday, Critical Metals surged 22% in early trading, reaching a historic high, with a monthly increase of 357%. In terms of news, the company signed a 10-year purchase agreement letter of intent with Realloys on October 13, involving 15% of the output from the Tanbreez project, approximately 6.75 million tons of rare earth concentrates, aimed at strengthening the North American rare earth supply chain. The company holds a 42% stake in Tanbreez Mining Greenland A/S, which is one of the largest heavy rare earth deposits in the world, primarily engaged in rare earth mining development
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