- CRML is trading 5% up at $9.72 as the market reacts to recent developments, including a significant 15-year offtake agreement for rare earth concentrates from its Tanbreez project with REalloys, reported alongside REalloys' new financing and US Army site selection.
- Investor sentiment is further supported by the ongoing $835 million acquisition of European Lithium, which aims to consolidate full ownership of the Tanbreez Rare Earth Project.
- This upward move follows a multi-day decline and is attributed to these strategic company-specific catalysts, rather than solely a technical bounce.