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Critical Metals jumps 25% on U.S.-Greenland pact spotlighting its Tanbreez rare earth permit

Market News
21 Sep 2026
24/7 Wall Street
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Bullish
Critical Metals jumps 25% on U.S.-Greenland pact spotlighting its Tanbreez rare earth permit

Shares of Critical Metals surged 25% following a U.S.-Greenland security pact that highlighted the company's Tanbreez rare earth exploitation permit in Greenland. The pact grants the U.S. permanent security control in Greenland but does not change mining rights or funding for Critical Metals. Other rare earth stocks like USA Rare Earth and MP Materials also rose modestly, reflecting broader interest in non-China rare earth supply. Investors should watch for the pact's formal signing and the upcoming feasibility study for Tanbreez, as the current price move is driven mainly by political headlines rather than operational changes.

As of Sep 21, 2026 19:12 WIB, MP Materials is trading at USD 48.91 on Pluang, showing a 3.49% increase in one day. The stock's market cap stands at $8.42 billion with a trading volume of 9,739,975. This modest rise aligns with the broader market interest in rare earth metals highlighted by the recent U.S.-Greenland security pact, with MP Materials' enterprise value at $7.90 billion.

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