SmartKem is trading 5% up today at approximately $0.22–0.23, rebounding from recent lows as investors digest its $125 million all-stock agreement to acquire Ferrox Critical Minerals.
- The deal secures key supplies of iron, titanium, and vanadium from the Tivani mining project, integrating the company more directly into the electronics materials supply chain.
- Investor sentiment is further supported by a broader rally across the semiconductor sector.