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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 246.55 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. The Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. The Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Post by wildman2on May 19, 2011 1:14am
167 Views
Post# 18598449

Growth is Good

Growth is Good
The Chevrolet Volt electric vehicle is assembled at the General Motors Detroit-Hamtramck Assembly Plant on the same line with Cadillac DTS and Buick Lucerne. - The Chevrolet Volt electric vehicle is assembled at the General Motors Detroit-Hamtramck Assembly Plant on the same line with Cadillac DTS and Buick Lucerne. | General Motors

Volt electric car production to jump from 16,000 to 60,000 per year

TOM KRISHER

DETROIT— The Associated Press
Published Wednesday, May. 18, 2011 8:49PM EDT
Last updated Wednesday, May. 18, 2011 11:06PM EDT

    General Motors will reconfigure the plant that makes the Chevrolet Volt to expand production to up to 60,000 electric cars a year.

    The Detroit-area factory, which will be shut next month, now can produce about 16,000 a year.

    GM said the electric car will be in short supply for the next three months because of the four-week shutdown that begins in June. But by moving in new machinery and overhead conveyors, the company will be able to boost the plant's output of the Volt and its European counterpart, the Opel Ampera.

    Ricky Foley's vintage cars: a 1975 Chevrolet Caprice Convertible and a 1968 Buick Skylark.
    Photos

    “We will be better able to meet the tremendous consumer demand,” Cristi Landy, the Volt's marketing director, said in a statement Wednesday.

    The Volt can run on battery power for about 35 miles (56 km) before a gas-powered motor kicks in to generate electricity. It can be recharged through a home electrical outlet. The car costs just over $40,000 or $41,545 in Canada, but is eligible for rebates in some areas.

    The Volt hit the U.S. market late last year and just over 1,700 have been sold through April. The car is now available in nine states and Washington D.C. By the end of this year, Volts will be sold nationwide and in Canada, Europe and China.

    The Volt factory straddles the border between Detroit and the small town of Hamtramck.

    The company has dealer orders for all the Volts the plant will produce this year, GM spokeswoman Michelle Bunker said Wednesday.

    The shutdown also will let GM add equipment to build the 2013 Chevrolet Malibu mid-size sedan at the plant starting next year. GM will stop producing two other big cars at the factory, the Cadillac DTS and Buick Lucerne, later this year.

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