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Altius Minerals to buy Lithium Royalty for $520 million in stock and cash, pending approvals.
Altius Minerals has agreed to acquire Lithium Royalty in a $520 million stock-and-cash deal announced on December 22, 2025, aiming to expand its lithium assets amid rising demand for critical minerals.
The transaction, pending regulatory and shareholder approvals, allows Lithium Royalty shareholders to choose cash or shares, with cash capped at one-third of the total.
Lithium Royalty’s CEO will join Altius post-closing.
The deal reflects growing industry consolidation in the lithium sector as companies secure supply chains for clean energy technologies.
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Altius Minerals comprará Lithium Royalty por $520 millones en acciones y en efectivo, en espera de aprobaciones.