Critical Metals has officially taken control of the Tanbreez project from European Lithium, a move that is being described as a game-changing moment in the industry.
This acquisition is expected to have substantial implications for both companies, as well as for the broader market in critical metals.
The announcement follows a period of speculation regarding the future of the Tanbreez project and the strategic direction of European Lithium.
Updates
Update at 17:12 UTC on 2026-04-27
Mining & Resources reported Critical Metals to Buy European Lithium for $835 Million. The Stock Is Soaring. Barron's.
Sources: Mining & Resources