CRML Stock Finds Support and Rebounds 11%, New Directors Appointed
After an explosive start to October, Critical Metals Corp. (NASDAQ: CRML) is bouncing back from steep mid-month losses. Shares surged more..
Quick overview
- Critical Metals Corp. (NASDAQ: CRML) is rebounding from mid-month losses, with shares surging over 15% today after a sharp pullback.
- The early October surge was driven by geopolitical tensions and optimism over a $1.5 trillion investment initiative from JPMorgan.
- CRML secured a 10-year off-take agreement with REalloys Inc., enhancing its revenue visibility amid a volatile market.
- Recent leadership changes aim to strengthen governance as the company advances its Molulu Copper/Cobalt Project in the Democratic Republic of Congo.
After an explosive start to October, Critical Metals Corp. (NASDAQ: CRML) is bouncing back from steep mid-month losses. Shares surged more than 11% today, finding support after a sharp pullback that erased much of the earlier rally fueled by geopolitical and policy shifts in the rare earth sector.
Early-October Surge Driven by Geopolitics
CRML shares soared from around $6 to over $30 in early October, driven by optimism over JPMorgan’s $1.5 trillion investment initiative and mounting geopolitical tensions between the U.S. and China. The rally reflected investor hopes that U.S. producers could strengthen domestic rare earth supply chains amid China’s dominance in global mining and processing.
China’s announcement of export restrictions on rare earths added fuel to the surge, amplifying concerns about shortages and strategic vulnerability. In response, President Trump’s threat of 100% tariffs on Chinese imports and tighter technology export controls underscored the high stakes of the ongoing trade rift.
Strategic Deals Boost Sector Confidence
Amid the heightened attention, Critical Metals secured a 10-year off-take agreement with REalloys Inc. for 15% of output from its Tanbreez Project in Greenland, one of the world’s largest heavy rare earth deposits. The deal provided long-term revenue visibility and credibility in a volatile market.
Broader sector momentum followed — peers like MP Materials and USA Rare Earth Inc. also gained as investors rotated toward U.S.-linked supply chain opportunities.
Profit-Taking Triggers a Sharp Pullback
The parabolic rally unraveled in the second half of October, as traders took profits following reports of a potential U.S.-China trade truce. CRML dropped more than 65%, hitting lows near $11 before stabilizing at the 50-day moving average, which has now acted as a base for the current rebound above $13.
CRML Chart Daily – Rebounding Off the 50 SMA
Technical indicators suggest short-term momentum could lift prices toward $20, provided broader sentiment in the commodities market holds steady.
Leadership Changes Strengthen Outlook
Separately, Critical Metals plc (LSE: CRTM) announced new board appointments to reinforce governance as it advances its Molulu Copper/Cobalt Project in the Democratic Republic of Congo.
Danilo Lange was named Chief Operating Officer, while Selina Hayes and Kriss Tremaine joined as Non-Executive Directors. Kelvin Williams will now serve as Non-Executive Chairman.
Conclusion: Critical Metals remains one of the most closely watched small-cap resource plays this quarter. While recent volatility exposed speculative excess, the company’s strong project pipeline and strategic partnerships continue to position it well within the critical minerals landscape. Sustained recovery, however, will depend on stable trade relations and disciplined execution.
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