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Critical Metals Surges 25% as Greenland Security Pact Puts Tanbreez Rare Earth Permit in Focus; USA Rare Earth Climbs 6%, MP Materials Rises 4%

Critical Metals rose after the pact highlighted its Tanbreez permit, while the agreement adds no mining rights or funding, analysts said.

  • On Monday, Critical Metals stock surged 43% at intraday highs after a U.S.-Greenland security pact spotlighted the company's Tanbreez Rare Earth Project in Greenland.
  • Trump revealed on Friday that the U.S. reached an agreement with Denmark granting permanent security control over Greenland, redirecting investor focus to the Tanbreez permit.
  • Although Critical Metals shares opened up 25%, the pact grants no new mining rights or funding, leaving the surge tied to geopolitical sentiment rather than fundamental asset changes.
  • Other U.S.-based rare-earth miners USA Rare Earth and MP Materials gained 6% and 4% respectively, while the VanEck Rare Earth and Strategic Metals ETF rose 2%.
  • The agreement is expected to be signed next week at the United Nations General Assembly, while Critical Metals' actual progress depends on a feasibility study due by end of 2026.
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15 Articles

berlingske.dkberlingske.dk
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Several companies with Greenlandic activities are experiencing strong price increases on the American stock exchanges.

·Copenhagen, Denmark
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24/7 Wall St. broke the news in Lakewood, United States on Monday, September 21, 2026.
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