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Sign InCritical Metals Corp (CRML) shares surged 35.49% to close at $12.56 following Greenland's approval to increase its stake in the Tanbreez project to 92.5%. The company has now set a target for first ore production by Q4 2028, with 100% of the projected output already pre-contracted through strategic offtake agreements in the US, EU, and Saudi Arabia. To support these operations, the firm secured $120 million in financing and an $85 million PIPE investment, offsetting concerns over a recent $13 million quarterly loss. Technical indicators show the stock breaking above its 50-day and 100-day moving averages on high volume of 73 million shares. With a market cap of $1.1 billion, the project is positioned as a critical Western source for terbium and dysprosium, essential for high-tech and defense supply chains.