Critical Metals Rallies 5% on Tanbreez Refinery Study Projecting Up to $2.2B in Annual Revenue; USA Rare Earth Inches Higher, MP Materials Unmoved

Quick Read Critical Metals (CRML) surged 5% after a Tanbreez refinery study projected annual revenue of between $1.8B and $2.2B from processing 19 ultra-high-purity rare earth products. MP Materials trades near $8.76B market cap while CRML remains pre-revenue, yet the Romanian refinery plan shifts CRML's profile closer to an integrated producer. The October 22 European Lithium shareholder vote is the nearest binary event; rejection would unravel both Tanbreez ownership structure and the refinery story. Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor) Shares of Critical Metals Corp. (NASDAQ:CRML) are up 5% to $6.