Critical Metals Stock Climbs After Business Update: Here's Why

Critical Metals Corp. (NASDAQ:CRML) shares climbed on Thursday after the rare earths mining company provided a business update through a conference call with investors and analysts. 

CRML stock is climbing. See the chart and price action here.

The stock was up approximately 21% in midday trading with the rally driven by a combination of geopolitical developments and internal corporate updates.

The most significant update was Critical Metals disclosure of four non-binding term sheets for the offtake of its rare earth concentrates, allocating 100% of the Tanbreez project's planned production.

Business Update Webcast

Critical Metals held a business update webcast at 8:00 a.m. ET Thursday. During the call, management provided clarity on the development of the ...