Critical Metals shares fell 7% after European Lithium shareholders approved an all-stock takeover, granting Critical Metals full control of the Tanbreez rare earth project in Greenland. The deal still requires approval from the Supreme Court of Western Australia before new shares can begin trading on Nasdaq in early November. The share price decline outpaced other rare earth companies and sector ETFs, possibly due to concerns about dilution from the new shares issued to European Lithium holders. Investors are advised to monitor court approval and manage position sizes until the deal closes and new shares settle in the market.
Critical Metals' share drop contrasts with USA Rare Earth's 6.35% decline on Pluang as of Oct 23, 2026 00:22 WIB. USA Rare Earth trades at USD 9.58 with a market cap of $3.84 billion. Despite the sector's volatility, Pluang shows 100% buy order activity for USA Rare Earth, indicating strong investor interest.
Japan has alerted the US that it faces a shortage of yttrium, a rare earth mineral vital for jet engines and AI chip manufacturing, with supplies expected to last only months. China controls most of the global yttrium supply and has imposed export re...
United States Antimony shares surged 11% to $3.18, driven by increased deliveries under a $245 million Defense Logistics Agency contract for military-specification antimony ingots. This rise contrasts with declines in rare earth stocks like USA Rare ...
