As we await ~Feb 8 for the Sizzle meeting to confirm the Critical Metals merger to be listed on the NASDAQ, here is a recap of EUR published today, and interesting it compares to Core (CXO) :
https://ipo-edge.com/critical/
- Unit of miner European Lithium Ltd. (ASX: EUR) merging with Sizzle Acquisition Corp. (Nasdaq: SZZL) to create Critical Metals Corp.
- Developing Wolfsberg Lithium Project in Austria, 270km from Vienna, close to large import markets in Europe
- Wolfsberg to supply approximately 10,500 tons of lithium hydroxide
- In pole position as local supplier to European battery supply chain
- Has binding long-term offtake agreement with BMW
- Global demand for lithium is expected to triple by 2031 as EVs become more popular
- Enterprise value attractive compared with competitor Core Lithium
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