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
