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European Lithium merges with SPAC

Australia's European Lithium has inked a deal with a NASDAQ-listed special purpose acquisition company that values its flagship lithium projects in Austria at US$750 million.

European Lithium merges with SPAC European Lithium merges with SPAC European Lithium merges with SPAC European Lithium merges with SPAC European Lithium merges with SPAC

Wolfsberg is in the heart of Europe

That compares to European Lithium's pre-deal market capitalisation of A$112 million.