Trump Administration Weighs Investment in Nasdaq-Listed Rare Earths Firm Critical Metals Corp
The Trump administration is reportedly in talks to take an equity stake in Critical Metals Corp (NASDAQ: CRML), the company developing Greenland’s Tanbreez rare earth deposit, according to a Reuters report citing sources familiar with the discussions.
If approved, the move would give Washington a direct stake in one of the world’s largest untapped rare earth resources, a market currently dominated by China.
The report noted that U.S. officials are considering converting Critical Metals’ $50 million Defense Production Act grant application into an equity investment. If completed, the deal could result in the U.S. government owning around 8% of the company. However, talks remain preliminary and may not lead to a final agreement.
This potential investment aligns with President Donald Trump’s strategy to secure domestic supplies of critical minerals and reduce U.S. dependence on Chinese imports. Rare earth elements are essential for electric vehicles, defense technologies, and advanced electronics, making supply diversification a national priority.
In recent months, Washington has also taken stakes in Lithium Americas Corp (NYSE: LAR) and MP Materials, expanding its push to strengthen U.S. supply chains for key industrial materials.
