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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 Goodtoreadthis1on Sep 06, 2021 12:24pm
176 Views
Post# 33816668

Two Giants agree to increase LI haul truck technology

Two Giants agree to increase LI haul truck technologyOur mInIng neighbor  Kirkland Lake is run by CEO Tony Macuch who actively espouses an invests in equipment that enhances worker comfort and safety down at the line face where ore is removed. Macuch is constantly adding electrified -read LI POWERED- vehicles to KL's complement of vehicles. Since Macuch is sitting on nearly a BILLION dollars US in cash and just reported a 1 million oz increase in gold at the Detour mine which is in the vicinity of the Rose deposit, I certainly hope that CRE has approached KL for their mine funding. Macuch's attitude toward electrification of haul trucks makes KL a highly likely source for Rose construction funding. 

How serious is the mining industries interest in adding LI powered haul vehicles ?  Two giant companies have agreed to work together on this as seen below

BHP, Cat combine for sustainable mining trucks

Cat, BHP

BHP and Caterpillar have partnered to develop zero-emissions mining trucks, following months of collaboration on how to sustainably tackle the miner’s energy demands.

As the equipment becomes available, Caterpillar will give BHP first look at it while facilitating training and development for its workforce.

BHP’s chief commercial officer Vandita Pant said this partnership was vital to both company’s goals.

“We are pleased to announce our partnership with Caterpillar to develop and deploy zero-emissions mining trucks at BHP,” Pant said.

“Climate change is a critical global challenge, and we know that partnering with others will help accelerate the transition to a low carbon future.”

Pant also said the collaboration would allow for more tailored solutions of the mining industry.

“The opportunity for our teams to input into the design process also gives us confidence that the trucks will be safer and easier to operate for a workforce that’s more diverse than ever,” she said.

Caterpillar Group president Denise Johnson said collaborations of this nature were important for the future development of the industry and the environment.

“Caterpillar is pleased to work with BHP on the next generation of large mining trucks and mine site technology,” Johnson said.

“Deeply integrating our teams and timelines will allow for faster deployment to deliver zero-emissions solutions.”

The companies will also work together over the coming years to encourage workplace inclusivity to enable the machines to be accessible for a broader slice of the workforce.

Frontline operators will be involved in the design, development and implementation of the machines to ensure they are best suited to those who will keep them running.

 

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