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Is Critical Metals Stock a Buy Now?

TheMotleyFool

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Is Critical Metals Stock a Buy Now?: https://g.foolcdn.com/editorial/images/858729/hand-holds-rare-earth-critical-mineral-getty.jpg

According to research from The Motley Fool, China accounts for roughly 70% of rare-earth extraction and 90% of rare-earth processing. Given its dominant position in these key materials, the U.S. is proactively seeking alternative sources.

Earlier this year, the U.S. took a bold step toward securing critical minerals with the launch of Project Vault, a $12 billion initiative to create a strategic reserve of over 60 essential materials. One company that could benefit from this initiative is Critical Metals Corp. (NASDAQ: CRML).

Image source: Getty Images.

Source Fool.com