Explore the latest developments concerning Critical Metals (CRML).
Critical Metals (CRML) Soars to All-Time High as JPMorgan Sets Sights on Mineral Investments
We recently published Monstrous Gains: 10 Stocks Leaving Wall Street in the Dust.Critical Metals Corp. (NASDAQ:CRML) is one of the best performers on Tuesday.
Critical Metals extended its winning streak to a 5th straight day on Tuesday to climb to a new all-time high as investors continued to gobble up shares in industries tied to JPMorgan’s $1.5 trillion investment program over the next 10 years.
In intra-day trading, Critical Metals Corp. (NASDAQ:CRML) soared to a new all-time high of $32.15 before trimming gains to end the day just up by 28.74 percent at $29.97 apiece.
In a statement on Monday, JPMorgan said that some $10 billion of its trillion-dollar investment program will be allocated to support companies vital for the US economic security and resiliency, including critical minerals mining and processing.
Critical Metals Stock Rockets 1,000% — Investors Go All In
Critical Metals Corp. (NASDAQ:CRML) stock has soared 1,000% year-to-date, driven by a powerful mix of government interest, trade tensions, strategic agreements and an explosive surge in trading volume.
The biggest driver of Critical Metals' meteoric rally has been supportive government policy under President Donald Trump.
Read Next: USA Rare Earth, Critical Metals Stocks Explode—JPMorgan Adds Fuel To The Fire
In response to China's tightening grip on rare earth minerals — which are crucial for defense, tech and green energy — the Trump administration said it intends to secure America's supply chains by investing in strategic resource companies.
China’s restrictions on exports of rare earths and other critical minerals have sharply intensified global competition for access to the resources, triggering retaliation and tariff threats from President Trump.
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