Critical Metals Agrees to Acquire European Lithium in $835 Million Share Deal
Critical Metals (CRML) surged 25.54% after announcing a $835 million share deal to acquire European Lithium, which will grant it full ownership of the Tanbreez rare-earth project. The acquisition also brings in $200 million in cash, accelerating development timelines. The move comes amid increased interest in rare earth minerals and strategic partnerships in the sector.
Tickers: $CRML
Topics: acquisition critical metals rare earth project stock price movement