Washington’s Greenland Rare Earth Gambit: Critical Metals Soars as U.S. Eyes Strategic Stake
U.S. Eyes Stake in Greenland Rare Earth Project The U.S. government has been in talks to take an equity stake in Critical Metals Corp, the company developing the Tanbreez rare earths mine in Greenland reuters.com. According to an exclusive Reuters report, Trump administration officials discussed a potential deal that would convert a $50 million Defense Production Act grant into shares of the company reuters.com reuters.com. At $50 million, an investment would equate to roughly 8% ownership of Critical Metals, though negotiations are preliminary and the stake size could change if a deal advances reuters.com. Importantly, this stake would be separate