On May 20, Critical Metals Corp rose 8.16% in regular trading, trading at approximately $10.61/share, with trading volume of $41.41 million. The rebound follows a sharp selloff triggered by the company's announcement of an all-stock acquisition of European Lithium.

On May 18, Critical Metals announced it would acquire all issued shares and listed options of Australian-based mining exploration and development company European Lithium via a share swap. Under the terms, European Lithium shareholders will receive 0.035 shares of Critical Metals for each share held, with final share counts dependent on the agreed swap ratio, option exercise prices, and Critical Metals' average share price over the 20 trading days prior to closing. The transaction is expected to close in Q2. The announcement initially triggered an 8.59% decline on May 18 amid broader sector weakness, and the current move represents a full recovery of that loss.

Within the Diversified Metals & Mining sector, the broader group showed strength. Among individual stocks, USA Rare Earth up 11.5%, Teck Resources up 2.85%, MP Materials up 1.88%, Rio Tinto up 1.79%, BHP Billiton up 1.64%.

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