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Benzinga
Benzinga
Business
Henry Khederian

Critical Metals (CRML) Stock Pulls Back After White House Denies Investment

Rare earth minerals

Shares of Critical Metals Corp (NASDAQ:CRML) are off their session highs Monday after a Bloomberg report, citing a White House official, stated the Trump administration is not currently considering a deal to take an equity stake in the company. Here’s what investors need to know.

What To Know: According to Bloomberg, the official clarified that while the administration has received hundreds of proposals for equity stakes from the private sector, it is not actively pursuing an agreement with Critical Metals for its rare earths project in Greenland.

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