01:29 PM EDT, 10/13/2025 (MT Newswires) -- (Updates to include the stock movements in the headline and the first paragraph.)

Shares of Critical Metals (CRML) surged past 45% while those of Blackboxstocks ( BLBX ) jumped over 30% in recent Monday trading after Blackboxstocks ( BLBX ) said that its merger target, REalloys, has signed a letter of intent with Critical Metals for a 10-year offtake agreement.

Blackboxstocks ( BLBX ) said the agreement calls for REalloys to receive up to 15% of the annual rare earth concentrate production from Critical Metals' Tanbreez project in Greenland.

Critical Metals said Wednesday that the companies are working toward a definitive agreement.

Price: 10.63, Change: +2.48, Percent Change: +30.43