Critical Metals is trading 5.1% down at $8.04 as investors react to the company's newly announced strategic review of non-core assets and its renewed focus on the Tanbreez rare earth project in Greenland.
- The company has engaged Clear Street to explore various strategic options, including asset sales, spin-offs, and partnerships, specifically to fund the development of the Tanbreez project.
- The stock has seen heightened volatility throughout the week following the initial July 8–9 reports regarding the hiring of financial advisors for the capital-raising process.