Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries
Critical Elements Lithium is advancing the wholly owned, high-purity Rose Lithium-Tantalum project in Québec , the Corporation’s first lithium project to be advanced within a land portfolio of over 1,050 km2. Rose is also most advanced hard rock lithium projects and only North American lithium projects with environmental authorization.
Feasibility Study on Rose for the production of spodumene concentrate
On August 29, 2023, the Corporation announced results of a new Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 65.7%, with an estimated after-tax net present value of US$2.2B at an 8% discount rate. In the Corporation’s view, Québec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 94% hydroelectricity.
Environmental Authorization
The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government.
Critical Elements Lithium also received the Certificate of Authorization pursuant to section 164 of Québec’s Environment Quality Act from the Québec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, and the project mining lease from the Québec Minister of Natural Resources and Forests under the Québec Mining Act.
Critical Elements Lithium Corporation
| Address: | 80, de la Seigneurie West Blvd, Suite 201 Blainville, Quebec J7C 5M3 |
| Phone: | 514 904-1496 |
| Fax: | 514 904-1597 |
| Contact: | |
| Email: | @cecorp.ca |
| Address: | 80, de la Seigneurie West Blvd, Suite 201 Blainville, Quebec J7C 5M3 |
| Phone: | 514 |
| Contact: | Frank Mariage |
| Email: | |
| Address: | 800, Place Victoria Suite 3700 Montreal, Quebec H4Z 1E9 |
| Phone: | 514 397-7540 |
| Fax: | 514 397-7600 |
| Contact: | Steve Gilbert |
| Email: | |
| Address: | 1500, boul. Robert-Bourassa, Suite 700 Montreal, Quebec H3A 3S8 |
| Phone: | 514 982-7639 |
| Fax: | 514 982-7580 |
Auditors: KPMG s.r.l.S.E.N.C.R.L
| Contact: | Marie David |
| Email: | |
| Address: | 600, boul. de Maisonneuve ouest Montreal, Quebec H3A 0A3 |
| Phone: | 514 940-8559 |
| Phone: | 514 840-2187 |
Banking services: Banque Nationale du Canada
| Contact: | Melissa Du Sault |
| Email : | |
| Address: | 600, Gauchetiere West Montreal, Quebec H3B 4L2 |
| Phone: | 438Â 304-5333 |