Shares of New York-based Critical Metals Corp (NASDAQ: CRML) ripped higher on April 17 after the company announced a major regulatory breakthrough and received positive analyst coverage.
As investors cheered both updates, CRML broke decisively above its major moving averages (50-day and 100-day), signalling shifting momentum in favour of the bulls.
Despite its sharp rally on Friday, Critical Metals stock remains down some 35% versus its year-to-date high.
What’s driving Critical Metals stock higher today?
CRML shares are charging up this morning primarily because Greenland has approved the transfer of a 50.5% interest in the Tanbreez rare-earth project to the Nasdaq-listed firm.
This increases the company’s total stake to a commanding 92.5%, granting it nearly total strategic and operational autonomy over one of the planet’s premier heavy rare-earth deposits.
For investors, this isn’t just a paperwork victory; it’s a massive de-risking event.
In the world of mining, jurisdictional hurdles often prove the “valley of death” for junior explorers.
By clearing this regulatory bar, Critical Metals has secured its grip on a resource that is increasingly vital for the production of permanent magnets used in electric vehicle motors and defence tech.
In short, it cements CRML as a primary beneficiary of the West’s “de-risking” strategy – aimed at ending the dependency on overseas supply chains.
Is there any further upside left in CRML shares?
While Critical Metals shares have already doubled in April, Texas Capital analysts remain bullish, seeing the rare earth miner hitting $20, signalling potential upside of another 50% from here.
According to them, the New York-headquartered firm is uniquely positioned to fill a widening gap in the global market for critical minerals.
Beyond Tanbreez, which boasts high recovery rates and a favourable mineralogical profile, Texas Capital is bullish on the company’s recent $1.5 billion joint venture with Saudi conglomerate TQB as well.
Plus, the investment firm highlighted CRML as the primary beneficiary of the US-led “friend-shoring” initiative.
Critical Metals has secured a $120 million Letter of Intent from the Export-Import Bank of the United States.
As Western nations scramble to decouple from Chinese rare earth dominance, Tanbreez (located in Greenland, a NATO-aligned jurisdiction) is seen as a strategic asset of national importance rather than just a commercial mine.
What’s next for Critical Metals Corp?
CRML stock is now heading into a “catalyst-rich” summer, with the commissioning of a pilot plant scheduled for May 2026.
As the global race for resource sovereignty intensifies, Critical Metals finds itself in the right place at the right time.
For those looking beyond daily “noise,” the combination of regulatory certainty, institutional backing, and a strategic asset makes this more than just a momentum trade.
CRML has, in fact, evolved into a play on the very foundation of the modern energy transition.
The post Critical Metals stock soars 45% — but it isn't too late to invest yet appeared first on Invezz