Critical Elements Lithium Corp (CRECF)

[Oleblue]

Critical Elements complete Positive Engineering Study for a Lithium Hydroxide Monohydrate Plant

Critical Elements Lithium Corporation
Thu, August 11, 2022 at 7:30 AM·12 min read
In this article:

CRECF
+1.56%

MONTRÉAL, QC / ACCESSWIRE / August 11, 2022 / Critical Elements Lithium Corporation (TSX-V:CRE) (OTCQX:CRECF) (FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce completion of an Engineering Study for a Lithium Hydroxide Monohydrate plant. Consistent with the Corporation's conservative, phased approach, the study is based on a standalone conversion plant and does not constitute a "mineral project" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Furthermore, the plant does not form part of the Corporation's Rose Lithium-Tantalum project which consists solely of a mine to produce spodumene and tantalum concentrates (for more details, see press release dated June 13, 2022, announcing the results of a new positive feasibility study on the Rose Lithium project). As at the date hereof, notwithstanding today's announcement, the Corporation is not in a position to confirm that a Lithium Hydroxide Monohydrate plant will ever be implemented.

This strategic milestone could enable Critical Elements to become an important player in the North American Lithium market. Generating separate, standalone engineering studies for (i) the Rose Lithium-Tantalum project and (ii) the Lithium Hydroxide Monohydrate plant may optimize the outcome of discussions with potential strategic investors and end-users.

The Engineering Study for a Lithium Hydroxide Monohydrate plant is based on a yearly production of 30,670 tonnes of high-quality battery grade lithium hydroxide monohydrate from 220,587 tonnes of spodumene concentrate purchased solely on the world market on long term contract basis. The study does not rely on or is not based on any purchases of spodumene concentrate from the Corporation's Rose Lithium-Tantalum project. The operating parameters for the Engineering Study were taken from the joint Metso Outotec and Critical Elements Lithium Corporation piloting programs.


https://finance.yahoo.com/news/critical-elements-complete-positive-engineering-113000362.html

[Oleblue]

Critical Elements Files NI-43-101 Technical Report For The Rose Lithium-tantalum Feasibility Study

Critical Elements Lithium Corporation
July 27, 2022·6 min read
In this article:

CRECF
+1.56%

MONTREAL, QC / ACCESSWIRE / July 27, 2022 / Critical Elements Lithium Corporation (TSX-V:CRE) (US OTCQX:CRECF) (FSE:F12) ("Critical Elements" or the "Corporation")is pleased to announce the filing on SEDAR of a National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") compliant technical report representing the qualifying report for the recently-announced Feasibility Study at the Rose Lithium-Tantalum Project located in James Bay, Québec. For more information, please refer to Critical Elements' press release dated June 13, 2022. Highlights of the Feasibility Study are as follows:

Highlights

Average production, Year 2 to Year 16 of 173,317 tonnes of chemical grade 5.5% spodumene concentrate;

Average production, Year 2 to Year 16 of 51,369 tonnes of technical grade 6.0% spodumene concentrate;

Average production, Year 2 to Year 16 of 441 tonnes of tantalum concentrate

Expected life of mine of 17 years;

Average operating costs of US$74.48 per tonne milled, US$540 per tonne of concentrate (all concentrate production combined);

Estimated initial capital cost US$357 million before working capital;

100% equity basis for project;

Average gross margin of 68.3%;

After-tax NPV of US$1,915 million (at 8% discount rate), after-tax IRR of 82.4% and average price assumptions of US$4,039 per tonne technical grade lithium concentrate, US$1,852 per tonne chemical grade lithium concentrate, US$130 per kg tantalum pentoxide (Ta2O5); and

Anticipated construction time to start of production of 21 months.

A copy of the technical report, which was filed on SEDAR on July 27, 2022, will be available on the Critical Elements' website at https://www.cecorp.ca/en/rose-43-101/.

Qualified Persons for NI 43-101 compliant report

The Feasibility Study was prepared in accordance to NI 43-101 standards by WSP Canada Inc ("WSP"), Bumigeme Inc., and InnovExplo Inc. InnovExplo Inc. was responsible for the resource estimate and the mine plan, Bumigeme Inc. was responsible for the mineral processing, and WSP was responsible for the environmental study, project infrastructure, financial modelling, and report integration. Information regarding the outlook for lithium comes from a market study prepared by Mr. Gerrit Fuelling on behalf of the Corporation. Mr. Fuelling is an independent consultant specializing in the lithium market.

https://finance.yahoo.com/news/critical-elements-files-ni-43-151500288.html

[nowwhat2]

Got reminded of these guys here today - Pulled up their chart and I was like ; "Wo....."

No recent news to account for it though (just this Feb. 17th Corporate update) ; https://www.cecorp.ca/en/investors/news-releases/

Mkt cap 208m U.S. 168m Cdn




https://www.youtube.com/watch?v=cjFAU62sDHc

Last I had looked at them was late last June




Might be worth keeping an eye on.




Jan 27th
https://www.youtube.com/watch?v=svAga8wRYQU

[nowwhat2]

Just as I had forgotten about THESE guys until reminded an hour or so ago of them and upon whom a little TA and FA got me jumping in (despite todays' 22% increase) !

In for a little at .275

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166327783


So weird were all our liths today with the broad markets being WEAK !

[futrcash]

Forgot about this one-

https://finance.yahoo.com/quote/CRECF?p=CRECF

futr

[nowwhat2]

And I think I just listened to a webinar where the companys CEO (or perhaps its' geologist), was sounding quite well-rounded


Might try to listen to the thing again (they said in a couple of days it'll be up - I think or guess on Youtube)

https://www.soarfinancial.com/events/sf-online-session-9-future-metals/


That looks like a resource there also


Meanstwhile elsewhere - That SPOT has been UP
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=CA%3Aspot&x=51&y=10&time=100&startdate=1%2F1%2F2020&enddate=7%2F3%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9



https://ceo.ca/spot
https://www.dropbox.com/s/ckpv1nbm6irwzm1/NFLD%20EXPLORERS%20SUMMARY%20VIEW%202021-06-22.png?dl=0

PS hey could u send me a copy of that last PM I sent to you ?

[futrcash]

I'm along for the ride!

futr

[chico237]

NEWS: The Environmental Assessment of Critical Elements Lithium Corporation's Rose Lithium-Tantalum Project on Its Way to Being Completed

2021-01-20 07:00 ET - News Release

MONTRAL, QC / ACCESSWIRE / January 20, 2021 / Critical Elements Lithium Corporation (the "Corporation" or "Critical Elements") (TSXV:CRE)(OTCQX:CRECF)(FSE:F12) is pleased to announce that the Joint Assessment Committee established by the Impact Assessment Agency of Canada and the Cree Nation Government (the "Committee") confirmed on January 14, 2021, having received all information required to allow the Committee to complete the environmental assessment of the Rose Lithium-Tantalum Project ("Rose Lithium-Tantalum Project" or the "Project") and prepare the draft environmental assessment report. This is a significant step in the federal process of obtaining the authorization for the Project, which runs parallel to the provincial process updated in the news release of January 18, 2021. We are grateful to the governmental employees involved in both the federal and provincial permitting processes for their ongoing efforts through this difficult COVID-19 impacted work environment.

The Rose property (where the Rose Lithium-Tantalum Project is proposed) is located in northern Qubec's administrative region, on the territory of Eeyou Istchee James Bay. It is located on Category III land, on the Traditional Lands of the Cree Nation of Eastmain.

"The economy of tomorrow will be driven by strategic sectors, like the electric vehicles and batteries sectors. This vision aligns perfectly with our vision to become a large responsible supplier of lithium to the flourishing electric vehicle and energy storage systems industries. We represent perfectly sustainable development with our project that is, not only good for the environment, but that is good for the development of local communities," stated Jean-Sbastien Lavalle, Critical Elements' Chief Executive Officer.

Critical Elements' President, Dr. Steffen Haber, noted that: "Our Rose Project features one of the purest lithium deposits globally. Quebec is strategically well-positioned regarding the critical transitioning energy and e-mobility markets in Europe and the United States and boasts excellent infrastructure and human capital. Our cooperative relationship with the Cree Nation of Eastmain, the Grand Council of the Crees (Eeyou Istchee), and the Cree Nation Government has been formalized through the Pikhuutaau Agreement signed in July 2019. We are excited by the anticipated receipt of Provincial and Federal Phase 1 permitting, detailed engineering and financing for the construction of the Rose mine and concentrator, and the delivery of engineering studies for Phase II (a chemical plant for conversion of Rose spodumene concentrate to high quality lithium hydroxide for use in lithium-ion batteries")."

"Mon Dieu...Let's build us a mine!!!!!"
Chico

[chico237]

PERMITS almost completed! After many years this "Train" is finally getting ready to leave the station! All aboard!!...

IMHO & do your own DD
Chico

[nowwhat2]

Update that

NOVEMBER 19th


Update that Jan 5th











nowwhat 2021

[nowwhat2]

Damn it - I meant to scoop some of this up.....

And it looks like I've pretty-much missed a large run










Boy, my forgetting all about all kinds of stocks just happens to me SO much ?


NOVEMBER 19th

From there she dropped down to .66 and now she's at .83


Why U no remind me ?.....Anyways,







What might we know about them ?.....I'm just mainly a chartist.


I believe I heard that they are quite nicely into DLE (direct Li extraction) ?....Is that correct ?

[chico237]

This is a great buying opportunity here! CRECF is completing the Quebec permitting process shortly & this will turn upside soon.
Critical Elements Lithium Corp. [TSXV:CRE] [GR:F12] (OTCQX:CRECF)

No news for the month.

Upcoming catalysts include:

2020 - Rose Lithium-Tantalum Project permitting. Possible off-take or financing announcements.
https://seekingalpha.com/article/4396403-lithium-junior-miner-news-for-month-of-december-2020

At U.S. .54/share for your consideration
IMHO & do your own DD

Chico

[chico237]

HARDROCK...

Critical Elements Lithium Corp. on the chart 6+ minute mark!
Tesla plant in Germany? VW/BMW need to integrate mines into there OEM's & may help with finance here moving forward! Tesla made Piedmont one for the U.S. market. The world may need up to 50+ lithium mines to ramp up???
Good buying op. @ .62/share...IMHO

do your own DD
Chico

[chico237]

"Hardrock Assets in Europe VW/BMW" need to line up suppliers for (Vert. Integration)

@6 minute mark
The Rose mine is a shovel ready "Hardrock mine", Nice buying opportunity @.62/share
Imho & do your own DD...
Chico

[chico237]

Tesla's Lithium. Next Up Europe? (VW??)

this could get interesting early next year...IMHO
Chico

[nowwhat2]

Oh my goodness - Holy smokes.....Have only just now learned of them

[chico237]

Future Customer??
https://www.globenewswire.com/news-release/2020/11/19/2129755/0/en/AMG-Advanced-Metallurgical-Group-N-V-Announces-Investment-in-Solid-State-Battery-Material-Pilot-Plant-to-Complement-its-State-of-the-Art-Battery-Materials-Laboratory-Located-in-Fra.html

[chico237]

Nice retrace & fill -Buying Opportunity here IMHO...
Chico

[chico237]

CRECF - update investor video

The ROSE mine-

[Renee]

Effective June 19,2019 Critical Elements Corp. will change to Critical Elements Lithium Corp.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[HowardHughs]

website https://www.cecorp.ca/en/
Lithium, Future energy
Critical Elements is a junior mining company in advance exploration stage. The company’s flagship project is the Rose Lithium-Tantalum project located in James-Bay, Quebec with a good geographic location, on-site access to infrastructures like: powerline, roads, airport, railway access and camp.
A feasibility study of the Rose Lithium-Tantalum Project conducted by WSP and dated October 20, 2017, reports the following highlights:

Average annual production of 186,327 tonnes of chemical grade lithium concentrate
Average annual production of 50,205 tonnes of technical grade lithium concentrate
Average annual production of 429 tonnes of tantalum concentrate
Expected life of mine of 17 years
Average operating costs of $66.56 per tonne milled, $458 (US$344) per tonne of concentrate (all concentrate production combined)
Estimated initial capital cost $341.2 million before working capital
100% equity basis for project
Average gross margin 63.6%
After-tax NPV of $726 million (at 8% discount rate), after-tax IRR of 34.9% and price assumption of US$1,500 per tonne technical grade lithium concentrate, US$750 per tonne chemical grade lithium concentrate, US$130 per kg tantalum pentoxide
Anticipated construction time to start of production of 21 months
The feasibility is based on a conventional truck and shovel open pit operation and a conventional milling process to produce technical and chemical grade spodumene concentrates and a tantalite concentrate.

The mine will excavate a total of 26.8M tonnes ore grading an average of 0.85% Li2O and 133 ppm Ta2O5 after dilution. The mill will process 1.61M tonnes of ore per year to produce an annual average of 236,532 tonnes of technical and chemical grade spodumene concentrates and 429 tonnes of tantalite concentrate. The ore is contained in several parallel and continuous low dipping pegmatite veins outcropping on surface. The ore zones are open at depth and a future underground operation is possible.

A Mineral Reserve Estimate for 17 mineralized zones was prepared during this study. The estimation assumed the production of a chemical grade spodumene concentrate with a price of 15.66 US$ per kg Li2O and a tantalite concentrate with a price of 130 US$ per Ta2O5. The recoveries were fixed at 85% and 64% for Li and Ta respectively.

MAY 1, 2018
Critical Elements Announces Closing of $7 million Bought Deal Financing of Units


APRIL 10, 2018
Critical Elements Announces $5.0 Million Bought Deal Private Placement Financing