Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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.

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Critical Elements Lithium Corp > Article in LaPresse newspaper

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Comment by tiger6301on Jan 12, 2021 7:39am

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Post# 32274014

RE:Article in LaPresse newspaper

Here is Google translation.

tiger

 N TESLA SUPPLIER INVESTS IN QUBEC Piedmont Lithium, an Australian company that wants to develop lithium production in the United States and which has entered into a supply agreement with Tesla, wants to buy part of the future production of Sayona Qubec in Abitibi. The agreement announced Monday provides that Piedmont will invest up to US $ 12 million in the Australian company Sayona Mining and its subsidiary in Qubec, Sayona Qubec, which is developing a spodum mine project in Abitibi. Under this agreement, Piedmont will purchase half of the spodum production from the Authier mine in Sayona Qubec, which should be in operation at the end of 2022. “It is a sign of confidence in the lithium projects in Qubec”, says Guy Lalibert, Chief Executive Officer of Sayona Qubec. Piedmont Lithium is developing a battery-grade lithium hydroxide project in North Carolina. The company has reached an agreement with Tesla to supply it with 60,000 tonnes of spodum concentrate per year starting in 2023. Part of this supply could come from Qubec under the agreement with Sayona. "Everything lines up for a," said Guy Lalibert. The Sayona Qubec project is awaiting regulatory approvals and will require an investment of 120 million. - Hlne Baril, La Presse

110158 wrote: It's in french....

UN FOURNISSEUR DE TESLA INVESTIT AU QUBEC

Piedmont Lithium, une entreprise australienne qui veut dvelopper une production de lithium aux tats-Unis et qui a conclu un accord d’approvisionnement avec Tesla, veut acheter une partie de la production future de Sayona Qubec en Abitibi. L’entente annonce lundi prvoit que Piedmont investira jusqu’ 12 millions US dans l’entreprise australienne Sayona Mining et sa filiale au Qubec, Sayona Qubec, qui dveloppe un projet de mine de spodumne en Abitibi. En vertu de cet accord, Piedmont achtera la moiti de la production de spodumne de la mine Authier de Sayona Qubec, qui devrait tre en activit la fin de 2022. « C’est un signe de confiance envers les projets de lithium au Qubec », estime Guy Lalibert, chef de la direction de Sayona Qubec. Piedmont Lithium dveloppe un projet d’hydroxide de lithium de qualit batterie en Caroline du Nord. L’entreprise a conclu une entente avec Tesla pour lui fournir 60 000 tonnes de concentr de spodumne par anne compter de 2023. Une partie de cet approvisionnement pourrait provenir du Qubec en vertu de l’entente avec Sayona. « Tout s’aligne pour a », selon Guy Lalibert. Le projet de Sayona Qubec est en attente d’autorisations rglementaires et ncessitera un investissement de 120 millions. — Hlne Baril, La Presse