US government pours cold water on Critical Metals deal

The US government has shot down reports that it is considering buying a stake in Critical Metals (NASDAQ: CRML), the company developing one of the world’s largest rare earth resources in Greenland.The Trump administration is not currently considering a deal that would see it take a stake in Critical Metals, a White House official stated on Monday, as first reported by Bloomberg.On Friday, Reuters reported that Washington had been in talks over an equity investment in the New York-based company while it was ...