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Australian court approves Critical Metals’ European Lithium acquisition schemes

Critical Metals ($CRML) obtained approval from the Supreme Court of Western Australia for the schemes supporting its proposed acquisition of European Lithium. The transaction would acquire all European Lithium shares and listed options, with consideration paid through newly issued Critical Metals ordinary shares. Court approval follows the earlier securityholder vote and clears a separate legal step toward the combination. The schemes are expected to become effective after court orders are lodge

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Critical Metals clears shareholder hurdle for European Lithium acquisition

Critical Metals ($CRML) moved closer to acquiring European Lithium after the target's shareholders and listed-option holders approved the proposed transaction. The share scheme received support from 99.96% of votes cast and 97.22% of shareholders present and voting, while the option scheme secured unanimous support. Consideration for both schemes would take the form of newly issued Critical Metals shares. The votes satisfy the securityholder-approval conditions but do not complete the acquisitio

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Critical Metals outlines $1.85 billion Romanian refinery concept

Critical Metals ($CRML) released further plans for a Romanian refinery intended to process concentrate from its Tanbreez rare-earth project in Greenland. The proposed facility is designed for up to 100,000 tonnes of concentrate annually, with a preliminary capital-cost estimate of approximately $1.85 billion, subject to a 25% estimation range. An existing term sheet envisages the refinery receiving half of Tanbreez’s concentrate production. The company’s model projects approximately $2.2 billion

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