European Lithium Acquired by Critical Metals | Manufacturing M&A Deal

Critical Metals has completed the acquisition of European Lithium, a manufacturing other business in Australia, for $306 million. Critical Metals acquisitions focus on rare earth supply chain assets, while European Lithium acquisition centers on the Tanbreez heavy rare earths project and related processing development. The manufacturing M&A combines Critical Metals’ public company acquisition platform with European Lithium’s project exposure to support scale-up of heavy rare earth production. The merger acquisition is structured as two interdependent Australian schemes of arrangement under a binding Scheme Implementation Deed, with Critical Metals acquires all issued shares and listed options. As a public company acquisition, the manufacturing M&A deal is designed to reduce dilution and consolidate Tanbreez under one owner, with completion expected after scheme approvals.