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US Critical Metals Corp. ( (TSE:USCM) ) has shared an announcement.
US Critical Metals Corp. has amended its agreement to acquire a 100% interest in the McDermitt East Lithium Project, located in a significant lithium district in North America. This move is expected to strengthen USCM’s position as a key player in the North American critical minerals sector, aligning with U.S. government priorities to secure domestic supply chains and reduce dependence on Chinese-controlled resources. The acquisition involves a series of payments and will provide USCM with strategic footholds in prominent U.S. lithium districts, enhancing its portfolio of projects crucial for mineral independence.
More about US Critical Metals Corp.
US Critical Metals Corp. operates in the critical minerals industry, focusing on the acquisition and development of mineral projects in North America. The company’s primary products include lithium and other essential minerals, with a market focus on supporting U.S. supply chains and reducing reliance on foreign-controlled resources.
Average Trading Volume: 75,863
Technical Sentiment Signal: Hold
Current Market Cap: C$9.25M
For a thorough assessment of USCM stock, go to TipRanks’ Stock Analysis page.