Critical Metals Announces Acquisition of European Lithium in $835M All-Stock Deal
Critical Metals (CRML) announced an all-stock acquisition of European Lithium valued at approximately $835 million, which would grant it full control of the Tanbreez rare-earth deposit in Greenland. The deal, expected to close in the second half of 2026, led to a 25.54% surge in Critical Metals' stock on Monday. The acquisition is seen as a strategic move to streamline operations and financing for the Tanbreez project.
Tickers: $CRML
Topics: acquisition Greenland mining rare-earth stock price movement