US Stock Market Move | Rare earth concept continues to rise, Critical Metals (CRML.US) surges over 17%

On Friday, US stocks in the rare earth concept rose, with Critical Metals (CRML.US) rising by over 17%, up more than 120% in the past 7 trading days; Cleveland-Cliffs (CLF.US) rose by over 4%, and Energy Fuels (UUUU.US) rose by over 1%. On the news front, the board of directors of Critical Metals company had officially approved the construction of a multi-purpose facility in Qaqortoq that meets Arctic environmental standards, including storage, accommodation, and a rare earth pilot factory, to accelerate progress on its Tanbreez rare earth project in Greenland.