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.