Critical Metals Corp (Nasdaq: CRML) Surpasses Several Key Moving Averages Early

View in browser Critical Metals Corp (Nasdaq: CRML) Needs to be on Today's Watchlist!   Critical Role In National Security: Strategic Importance of Rare Earth Elements For Defense Technologies (Missiles, Lasers, Military Communication Systems)!    Geopolitical Strategy: China Controls Nearly All Rare Earth Processing, Critical Metals Corp (Nasdaq: CRML)'s Initiatives Vital For U.S. And Allies To Mitigate Risks.   Advanced Technology Integration: These Rare Earth Elements Supply Materials Crucial For Advanced Technologies (Smartphones, Electric Vehicles, Clean Energy Systems).   Strategic Partnerships: Critical Metals Corp (Nasdaq: CRML)'s Alliances With Key Players Like BMW Demonstrate Capability To Secure Long-Term, High-Value Collaborations.   First-Mover Advantage: Developer Of The First Fully Permitted Mine In Europe, Critical Metals Corp (Nasdaq: CRML) Has Competitive Edge In Accessing And Supplying Critical Metals.   Supply Chain Resilience: Critical Metals Corp (Nasdaq: CRML)'s Acquisition And Development Projects (Like Tanbreez) Enhance Resilience And Diversification Of Global Rare Earth Supply Chain.   July 1, 2024   Dear reader,   Critical Metals Corp (Nasdaq: CRML) opened at $11.45 and quickly reached $11.60 while surpassing several key moving averages including the following: Period Moving Average 5-Day 11.42 20-Day 11.07 50-Day 10.38 According to TradingView's Technical Analysis Tool,  Critical Metals Corp (Nasdaq: CRML) is now triggering 11 Bullish Signals for the 1-Day Time Frame.   Late Friday night, Critical Metals Corp (Nasdaq: CRML) announced its selection for inclusion in the Russell 2000®, Russell 3000®, and Russell Microcap® Indexes, starting from the opening of US equity markets on Monday, July 1st.    This recognition comes as part of the 2024 Russell indexes annual reconstitution.   CEO and Chairman Tony Sage expressed his excitement, highlighting that this milestone reflects the dedication and hard work of the entire team.   He emphasized that being part of these indexes increases the company's market visibility and enhances its potential to achieve long-term goals and deliver value to stakeholders.    Additionally, funds and institutions that track the various Russell indexes are now compelled to buy shares, which could increase demand for Critical Metals Corp (Nasdaq: CRML).   The annual reconstitution of the Russell US indexes ranks the 4,000 largest US stocks by total market capitalization as of April 30th.    Inclusion in the Russell 3000® Index ensures automatic membership in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, as well as the respective growth and value style indexes. Membership in the Russell Microcap® Index also includes the relevant growth and value style indexes.   Russell indexes are essential benchmarks for market participants and strategies, with around $10.5T in assets benchmarked against the Russell US indexes as of December 2023.    Click here for the full press release.   Immediately turn your attention to Critical Metals Corp (Nasdaq: CRML)!   But you'll need to hurry because Critical Metals Corp (Nasdaq: CRML) has less than 7.8M shares in its float, with insiders owning over 17% and institutions owning over 22% of shares.    On Friday, shares of Critical Metals Corp (Nasdaq: CRML)  reached $11.90, up approximately 67% in just over a month coming off of May's low of $7.09 on 5/23/2024, surpassing several key moving averages, including the following:   5-Day: 11.45 20-Day: 11.05 50-Day: 10.32 Year-to-Date: 10.54   Additionally, Critical Metals Corp (Nasdaq: CRML) triggered 11 Bullish Signals on TradingView's technical analysis tool  for the 1-hour time frame.    Could this be the beginning of something bigger for Critical Metals Corp (Nasdaq: CRML)?   Keep reading to see what we discovered.   In the high-stakes world of advanced technology and defense, rare earth elements (REEs) are the unsung heroes powering everything from smartphones and electric vehicles to missiles and military communication systems. These 17 metals are indispensable for modern innovations and national security, making their supply chain a matter of strategic importance.    However, the global rare earth landscape is dominated by China, which not only produces the majority of the world's rare earths but also controls nearly all of the processing capabilities.    This near-monopoly poses a significant challenge for countries like the United States, which are heavily reliant on these critical materials.   On December 21, 2023, China further tightened its grip by announcing a ban on the export of rare earth extraction and separation technologies.    This move has profound implications, exacerbating vulnerabilities and prompting urgent action to secure alternative sources.    Amid this geopolitical tension, one company you should keep very close eye on is Critical Metals Corp (Nasdaq: CRML).     Formed from the strategic merger of European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) and Sizzle Acquisition Corp. (NASDAQ: SZZL), Critical Metals Corp (Nasdaq: CRML) has been quietly gaining momentum.    Trading on the Nasdaq since February 28, 2024, Critical Metals Corp (Nasdaq: CRML) has managed to fly under Wall Street's radar—until now.    With its sights set on reshaping the critical metals industry, this little-known company is finally stepping into the spotlight.   With strategic projects and key partnerships, Critical Metals Corp (Nasdaq: CRML) is not only navigating the complexities of the rare earth market but also positioning itself as a crucial player in the global supply chain.   Keep reading to see why Critical Metals Corp (Nasdaq: CRML) could witness significant upside potential in 2024.   Critical Metals Corp (Nasdaq: CRML): A Leading Force in the Critical Metals Industry Amid China's Rare Earths Ban Critical Metals Corp (Nasdaq: CRML) is a prominent mining development company specializing in the extraction and production of critical metals and minerals.    These strategic products are essential for electrification and next-generation technologies, serving Europe and its western allies.    The company's flagship project, the Wolfsberg Lithium Project, located in Carinthia, Austria, is poised to become a significant producer of lithium products crucial for the European market.    This project is notable for being the first fully permitted mine in Europe, strategically positioned with access to established road and rail infrastructure, and aligned with offtake and downstream partners, making it a valuable addition to the expanding geostrategic critical metals portfolio.   What China's Ban on Rare Earths Processing Technology Exports Means On December 21, 2023, China announced a ban on the export of rare earth extraction and separation technologies. This move has substantial implications for U.S. national, economic, and rare earth security.    Rare earth elements are vital for defense technologies, including missiles, lasers, vehicle-mounted systems like tanks, and military communications.    They are also integral to consumer electronics such as computers, televisions, and smartphones, as well as various clean energy technologies pivotal to decarbonization efforts.   China currently produces 60% of the world's rare earths and processes nearly 90%, importing and processing rare earths from other countries. This dominance gives China a near-monopoly on rare earth processing. The United States is particularly vulnerable to restrictions on heavy rare earth processing, with China handling 99.9% of this processing.  Despite being aware of this vulnerability, the U.S. has only taken meaningful action in the last several years.   Critical Metals Corp (Nasdaq: CRML) Completes Initial Commitment for Tanbreez Acquisition, One of the Largest Rare Earth Deposits   In response to these geopolitical shifts, Critical Metals Corp (Nasdaq: CRML) has taken strategic steps to secure rare earth resources.    The company recently completed its initial capital infusion as part of its plan to acquire Tanbreez, one of the world's largest known rare earth assets.    This acquisition is crucial for technology and defense industries in the western world. In exchange for 5.55% of Tanbreez, Critical Metals Corp paid $5 Mln to Rimbal Pty Ltd., owned by geologist Gregory Barnes.   "The completion of this investment is a key step for our plans to acquire Tanbreez, a foundational rare earth asset for the West," said Tony Sage, CEO and Chairman of Critical Metals Corp (Nasdaq: CRML).   "By acquiring Tanbreez, Critical Metals Corp expects to be strategically positioned to become a reliable and sustainable supplier of both light and heavy rare earth elements to meet the growing demand from the technology and defense industries in western countries. This development further de-risks the transaction."   Critical Metals Corp. (Nasdaq: CRML) Receives BMW Pre-Payment for the Wolfsberg Lithium Project In another significant development, Critical Metals Corp (Nasdaq: CRML) announced receiving a $15 Mln pre-payment from Bayerische Motoren Werke Aktiengesellschaft (BMW).    This payment, made to ECM Lithium AT GmbH, a wholly-owned subsidiary of Critical Metals Corp., is related to the offtake of battery-grade lithium hydroxide (LiOH) from the Wolfsberg Lithium Project.    This pre-payment is a part of the ongoing partnership between Critical Metals Corp. and BMW, ensuring a sustainable and domestic battery supply chain for BMW's electric vehicles in Europe.   "We are pleased to move our partnership with BMW forward and look forward to supporting the production of their electric vehicles in Europe in the years to come, contributing to a more sustainable and domestic battery supply chain," said Tony Sage.   "This pre-payment further strengthens our balance sheet and will allow us to advance our development strategy."   This positions Critical Metals Corp (Nasdaq: CRML) to be Europe's first producer of Lithium concentrate.    Here's 7 reasons why you need to immediately add Critical Metals Corp (Nasdaq: CRML) to your watchlist. Critical Role in National Security: The strategic importance of rare earth elements for defense technologies, including missiles, lasers, and military communication systems, makes Critical Metals Corp (Nasdaq: CRML) essential in bolstering national security. Geopolitical Strategy: With China controlling nearly all rare earth processing, Critical Metals Corp (Nasdaq: CRML)'s initiatives are vital for the U.S. and its allies to mitigate risks associated with this near-monopoly. Advanced Technology Integration: Critical Metals Corp (Nasdaq: CRML) is involved in supplying materials crucial for advanced technologies such as smartphones, electric vehicles, and clean energy systems, ensuring their continuous development. Strategic Partnerships: Critical Metals Corp (Nasdaq: CRML)'s alliances with key players like BMW demonstrate its capability to secure long-term, high-value collaborations in the critical metals industry. First-Mover Advantage: As the developer of the first fully permitted mine in Europe, Critical Metals Corp (Nasdaq: CRML) has a competitive edge in accessing and supplying critical metals to the European market. Supply Chain Resilience: Critical Metals Corp (Nasdaq: CRML)'s acquisition and development projects, such as Tanbreez, enhance the resilience and diversification of the global rare earth supply chain, reducing dependency on any single source. Economic Impact: Critical Metals Corp (Nasdaq: CRML)'s activities not only support technological and defense industries but also contribute to economic stability and growth by securing vital resources domestically and for allied nations. Critical Metals Corp (Nasdaq: CRML) is poised to play a pivotal role in bolstering national security through its strategic importance in supplying rare earth elements for defense technologies such as missiles, lasers, and military communication systems.    Amid China's dominance in rare earth processing, CRML's initiatives are crucial for the U.S. and its allies in mitigating risks and ensuring a stable supply of these vital materials.    The company's involvement in advanced technology integration supports the continuous development of smartphones, electric vehicles, and clean energy systems.    Strategic partnerships with industry leaders like BMW underscore Critical Metals Corp (Nasdaq: CRML)'s capability to secure long-term, high-value collaborations, while its status as the developer of the first fully permitted mine in Europe provides a significant competitive edge.    By enhancing supply chain resilience through acquisitions and development projects like Tanbreez, Critical Metals Corp (Nasdaq: CRML) reduces dependency on any single source, ensuring a diversified and robust supply of critical metals.    Critical Metals Corp (Nasdaq: CRML)'s activities contribute to economic stability and growth, supporting both technological and defense industries by securing essential resources domestically and for allied nations.    With these strengths, Critical Metals Corp (Nasdaq: CRML) stands out as one little-known company that needs to be on your watchlist.   Don't wait on this one.   Immediately start your research on Critical Metals Corp (Nasdaq: CRML) and keep a close eye on it this morning. Sincerely,   Jeff Ackerman Managing Editor, Stock News Trends StockNewsTrends (stocknewstrends . com) is owned by TD Media LLC, a limited liability company. Disclosure: I am not a fin-an-cial adviser. All potential percentage gains are based on from the low to the high of day. StockNewsTrends full disclosure is to be read and fully understood before using StockNewsTrends website, or joining StockNewsTrends' email or text list. 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