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

Critical Metals has completed the acquisition of 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 the Tanbreez heavy rare earths project that supports downstream manufacturing supply chains. The manufacturing M&A combines Critical Metals’ funding and liquidity with European Lithium’s assets to advance rare earth development and consolidate ownership under a single legal structure in NY acquisitions. The merger acquisition is a strategic acquisition by a strategic buyer and is structured through two interdependent Australian-law schemes of arrangement, with a binding scheme implementation deed executed and deal completion expected upon satisfaction of customary conditions.