European Lithium Bolsters Balance Sheet with Strategic Asset Sales
04.02.2026 - 03:10:05 | boerse-global.de
European Lithium Limited enters 2026 with a significantly strengthened financial position, having substantially increased its cash reserves through a series of strategic divestments. This newfound liquidity provides the company with considerable operational flexibility as it advances its flagship Wolfsberg project and pursues a broader diversification strategy.
A fundamental shift in the company’s financial standing has been achieved through the partial monetization of its stake in Critical Metals Corp (CRML). During the December quarter of 2025, European Lithium divested 9.88 million CRML shares, generating gross proceeds of USD 121 million.
This was followed by a further sale of 5 million shares on January 21, adding approximately AUD 124 million to its treasury. Consequently, the company’s Read more...
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