European lithium miner Critical Metals Corp. starts trading after de-spac - interview [Seeking Alpha]
Sizzle Acquisition Corp. - Unit (SZZLU)
Company Research
Source: Seeking Alpha
Sizzle shares skyrocketed 120% on Tuesday. The public debut of Critical Metals ( CRML ) comes after a unit of Australian miner European Lithium first announced it agreed to go public on Nasdaq through SPAC Sizzle in October 2022. That announcement came after European Lithium earlier that year said it had an agreement with BMW AG to supply battery-grade lithium hydroxide to the vehicle maker. Critical Metals owns Wolfsberg Lithium Project located in Wolfsberg, Austria. "It's a relief" to finally go public, Tony Sage, Executive Chairman of Critical Metals, told Seeking Alpha in an interview Friday. "This has been the longest process ever." Critical Metals ( CRML ) first day of trading comes as lithium has plunged in recent months as demand for electric vehicles appears to be less than expected, especially in the U.S. Albemarle ( ALB ), the world's biggest lithium producer, reduced its 2030 demand forecast for the crucial battery ingredient as the shift to electric vehicles in
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