Critical Metals confirms $120M loan LOI from U.S. Ex-Im Bank for Greenland rare earth project

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Rare earth (earths) element ore. Critical minerals, used in production of permanent magnets, aerospace alloys, specialty glass, electronic equipment, electric motors of hybrid and electric vehicles (EV), wind turbine generators. Background concept.

Critical Metals (NASDAQ:CRML) +30.1% in Monday's trading after saying it received a letter of interest from the Export-Import Bank of the United States for a funding package of as much as $120M to be used to develop the

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