Critical Metals Corp. (CRML) has agreed to acquire all outstanding shares of European Lithium (EULIF) in a deal valued at about $835 million. The move will give the U.S.-based miner full ownership of the Tanbreez rare‑earth project in Greenland, one of the world’s largest known heavy rare‑earth deposits. CRML stock gained about 7% during the regular trading session.
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Forget margin or options. Here's how the pros trade CRMLThe company already holds 92.5% of Tanbreez, and European Lithium owns the remaining 7.5%. Under the terms of the deal, European Lithium shareholders will receive 0.035 shares of Critical Metals for each share held, thereby consolidating the entire project under a single operator. The deal is expected to close in the second half of 2026.
Here’s Why This Deal Matters
Here are the key reasons why this deal matters to Critical Metals:
1. Full Control of a Strategic Rare Earth Asset – Tanbreez is one of the most important heavy rare earth deposits, used in EV motors, wind turbines, defense systems, and advanced electronics. Gaining full ownership lets Critical Metals speed up development, simplify decision‑making, and strengthen its role in the global critical minerals supply chain.
2. European Lithium’s Broader Position – European Lithium has been in the spotlight after trading was halted on the ASX amid takeover speculation. Its assets include the Wolfsberg lithium project in Austria, a potential supplier to Europe’s fast‑growing EV market, and its minority stake in Tanbreez adds another layer of strategic value.
Full Tanbreez Takeover Strengthens Critical Metals’ Role
With full ownership of Tanbreez, Critical Metals can move faster on development and permitting, secure long‑term offtake deals with U.S. and European partners, and strengthen its role in Western rare earth supply chains.
Importantly, the acquisition is a major milestone for the company and a key moment in the race to secure critical minerals for the clean‑energy and technology transition.
Is CRML Stock a Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on Critical Metals stock based on one Buy assigned in the past three months. Further, the average CRML stock price target of $20.00 per share implies 65.56% upside potential.
