Critical Metals to acquire European Lithium for $835 million
April 27 (Reuters) – Critical Metals said on Monday it would acquire all outstanding shares of European Lithium in an about $835 million deal, giving the U.S.-based miner full ownership of Greenland’s Tanbreez rare earth project. Shares of Critical Metals, which currently holds a 92.5% interest in the asset, jumped more than 6% in premarket trading. European Lithium owns the remaining 7.5% in the project. Under the deal, European Lithium […]