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European Lithium Cashes In $124M From Critical Metals Stake, Boosts Flexibility

9:56am on Wednesday 21st of January, 2026 AEDT Mining
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European Lithium Cashes In $124M From Critical Metals Stake, Boosts Flexibility

9:56am on Wednesday 21st of January, 2026 AEDT
Key Points
  • Sale of 5 million Critical Metals shares for approximately A$124 million
  • Cash reserves increased to A$322 million
  • Retains 48 million shares in Critical Metals valued at around A$1.23 billion
  • Transaction provides financial flexibility for project advancement and shareholder returns
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