📢 DEM – Deutsche E Metalle AG will be merged with Commertunity AG (WKN A3DKE6), which is listed on the Düsseldorf Stock Exchange. The stock is already tradable under the name Commertunity AG; the renaming to DEM – Deutsche E Metalle AG is expected to take place shortly.
The transaction creates the first publicly traded German platform for critical raw materials, with a focus on lithium. The core asset comprises over 70,000 hectares of lithium concessions in Argentina’s Lithium Triangle — in vicinity to Rio Tinto’s $6.7 billion acquisition of Arcadium Lithium.
The merger was approved by more than 98% of the shareholder votes at the AGM of Commertunity AG.
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