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Trump administration eyes stake in company developing Greenland rare earths mine
Trump administration officials have discussed taking a stake in Critical Metals Corp, four people familiar with the discussions told Reuters, which would give Washington a direct interest in the largest rare earths project in Greenland, the Arctic territory that President Donald Trump once suggested buying. If finalized, the deal would mark the latest political twist for the Tanbreez rare earths deposit, which former President Joe Biden successfully lobbied to have sold to New York-based Critical Metals for far less than a Chinese firm was offering. Washington has recently taken stakes in Lithium Americas and MP ... (full story)
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From invezz.com | Oct 6, 2025
Shares of Critical Metals (CRML) surged more than 75% in premarket trading on Monday after reports surfaced that the US government is in discussions to take an equity stake in the New York-based mining company. The potential stake would give Washington a direct interest in Greenlands Tanbreez project one of the worlds largest rare earth deposits, ...
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