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ASX:EUR 7 October 2025 - 27 April 2026

Critical Metals Corp Stock Rallies as $835 Million European Lithium Deal Targets Full Greenland Rare Earth Control

Critical Metals Corp Stock Rallies as $835 Million European Lithium Deal Targets Full Greenland Rare Earth Control

Critical Metals Corp. has struck a deal to acquire European Lithium Ltd. for roughly $835 million, looking to secure complete control over the Tanbreez rare earth project in Greenland. Tanbreez ranks among the world’s largest rare earth deposits; European Lithium currently holds the last 7.5% that Critical Metals doesn’t yet own. Timing is crucial here. On Friday, the United States and the European Union ramped up their work together on critical minerals—those essential raw materials flagged as key to economic security and vulnerable to supply shocks—as Western officials look for ways to reduce China’s dominance over metals vital for advanced manufacturing and defense.
European Lithium’s $21 Million Windfall, Buybacks & Rare Earth Coup Spark Lithium Sector Buzz

European Lithium’s $21 Million Windfall, Buybacks & Rare Earth Coup Spark Lithium Sector Buzz

In the first week of October 2025, European Lithium sprang a series of major moves that reshaped its financial position and project portfolio. On October 6, the company revealed it netted US$21 million in fresh funds by selling 3 million shares of Critical Metals Corp. to a U.S. institutional investor at $7 per shareproactiveinvestors.com. This off-market placement, done at a ~10% premium to recent averages, immediately bolsters European Lithium’s cash reserves. Executive Chairman Tony Sage hailed the deal, saying it “again highlights the value of the company’s holding in CRML,” noting that even after the sale European Lithium retains 60 million CRML shares valued around US$689 million at recent prices – far above European Lithium’s own market capitalizationproactiveinvestors.com. In Sage’s view, the market is severely undervaluing the company’s assets: the Nasdaq holding alone equates to roughly A$0.73 per European Lithium share, versus the stock’s pre-deal trading levels in the teens of centsproactiveinvestors.com. Flush with the cash infusion, European Lithium’s board moved to reward shareholders and signal confidence. The company approved an on-market share buyback of up to 135 million sharesproactiveinvestors.com. Management argues that the current share price “does not reflect the underlying value” of its lithium and rare earth assets,
7 October 2025

Stock Market Today

  • RTX, Rithm Property Trust, Ingles Markets, Lennar, Marvell Set Dividends
    June 29, 2026, 1:10 PM EDT. RTX kept its dividend at 73 cents a share, payable September 3, 2026, keeping a streak alive since 1936. Rithm Property Trust put out a Q2 dividend at 36 cents, with payout scheduled for July 31, 2026. Ingles Markets will pay 16.5 cents per share on Class A and 15 cents on Class B, with July 16, 2026 as the pay date. Lennar holds its quarterly dividend at 50 cents for both share classes, payable July 24, 2026. Marvell Technology set a 6-cent payout for July 30, 2026. All record dates fall in July and August 2026.
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