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

Critical Metals has agreed to acquire European Lithium, a manufacturing other business in New York, for $306 million. Critical Metals acquisitions focus on rare earth and critical minerals, while European Lithium provides exposure to lithium assets that support downstream materials supply chains. The European Lithium acquisition is structured as a merger acquisition via Australian-law schemes of arrangement, combining listed options and issued shares under a single legal owner. As a public company acquisition, the manufacturing M&A deal is designed to strengthen Critical Metals acquisitions and reduce dilution while improving NASDAQ public float, with completion expected after execution of a binding scheme implementation deed.