Critical Metals (CRML) stock jumps 10% as Saudi rare-earth talks resurface in filing
Critical Metals shares surged about 10% Friday after a filing disclosed a non-binding Saudi MoU and four non-binding offtake term sheets tied to its Tanbreez project. The stock closed at $20.34, up $1.88, with volume over 39 million shares. Traders are watching for binding contracts and further disclosures. The company holds a 42% stake in Tanbreez and aims to expand rare-earth processing.