EL7.AI
Mergers & AcquisitionsMediumUpdated×2•Originally published 27 April 2026•Updated 27 April 2026•
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Critical Metals Corp. to Acquire European Lithium in Strategic Consolidation Move

Key Facts

1Critical Metals Corp. signed a letter of intent to acquire all outstanding shares of European Lithium Ltd.

Critical Metals Corp. has finalized key terms for its acquisition of all outstanding shares of European Lithium Ltd. in an all-stock transaction valued at $835 million. The specific exchange ratio has been set at 0.035 CRML shares for each EUR share, with the valuation measurement date scheduled for April 22, 2026. This deal grants Critical Metals full ownership of the strategic Tanbreez project in Greenland, significantly bolstering its portfolio of critical mineral assets. Following the initial announcement, the company's stock surged 26% as markets reacted positively to the consolidation of supply chains. The completion of the acquisition remains subject to shareholder and regulatory approvals. This move highlights the ongoing trend of M&A activity within the mining sector to support the global green energy transition.