European Lithium sells CRML shares for ~A$45m boost, adds to robust cash position
European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has added another A$45 million to its cash reserves following the sale of a further parcel of shares in Critical Metals Corp. (NASDAQ:CRML), underpinning a significantly strengthened cash position. The company advised the ASX that it has sold 2.5...
European Lithium Ltd(ASX:EUROTCQB:EULIF) View Price & Profile European Lithium sells CRML shares for ~A$45m boost, adds to robust cash position
Last updated: 20:48 04 Feb 2026 EST, First published: 20:10 04 Feb 2026 EST
European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has added another A$45 million to its cash reserves following the sale of a further parcel of shares in Critical Metals Corp. (NASDAQ:CRML), underpinning a significantly strengthened cash position.
The company advised the ASX that it has sold 2.5 million ordinary CRML shares, with the transaction expected to lift its cash reserves to around A$356 million. European Lithium retains a substantial strategic stake in Critical Metals, holding 45,536,338 ordinary shares following the sale.
Based on CRML’s Wednesday closing price of US$15.14, the remaining holding is valued at an estimated US$689.4 million (about A$985 million), though that valuation will vary with daily share price movements and foreign exchange fluctuations.
Strategic monetisation while maintaining exposure
European Lithium’s executive chairman Tony Sage said the partial sell-down bolsters the company’s financial position.
“This contracted sale of CRML shares further reinforces the company’s already robust balance sheet,” Sage said. “The company does not anticipate disposing of any additional CRML shares over the next four months, thereby preserving EUR’s substantial strategic influence in any potential corporate transactions that may arise during this period.”
The latest transaction follows a series of previously announced CRML share sales that have materially boosted European Lithium’s liquidity. Last month, the company revealed the sale of 5 million CRML shares for about A$124 million, demonstrating the ongoing monetisation of its equity position in the US-listed partner.
Read more: European Lithium sells further CRML shares for A$124m, boosts cash to A$322m
Broader portfolio and outlook
Beyond its CRML interests, European Lithium is actively advancing its diversified portfolio of critical minerals assets. The company is focused on lithium and titanium exploration and development in Europe, including projects in Austria, Ukraine and Ireland, as well as holding interests in Australian base metal plays and a direct 7.5% stake in the Tanbreez rare earth project in Greenland.
In late January, European Lithium also announced its proposed all-scrip acquisition of US-based titanium producer Velta, a move aimed at broadening the company’s exposure into strategic industrial minerals beyond lithium.
Read more: European Lithium moves into titanium with proposed all-scrip Velta acquisition
With a strengthened cash position and a retained strategic holding in Critical Metals Corp., European Lithium is moving to balance liquidity and long-term upside from its CRML-linked rare earth and lithium exposure, while also progressing growth through diversified critical minerals opportunities.