Assessment Committee
2021-03-18 07:25 ET - News Release
MONTRAL, QC / ACCESSWIRE / March 18, 2021 / Critical Elements Lithium Corporation (TSX-V:CRE) (OTCQX:CRECF) (FSE:F12) ("Critical Elements" or the "Company") is pleased to announce that the Joint Assessment Committee established by the Impact Assessment Agency of Canada and the Cree Nation Government (the "Committee") has published its draft report following the environmental impact assessment on the Rose Lithium Tantalum Project ("Rose" or the "Project") in which the Committee concludes that the Project is not likely to cause significant adverse environmental effects, considering the implementation of key mitigation measures. The Committee has also published the potential conditions with which the proponent must comply.
The publication of the provisory conclusions of the environmental impact assessment draft report brings the Company one step closer to obtaining the final authorization for the Project. In the meantime, the provincial authorization process is also underway as provided in its press release dated March 8, 2021.
Jean-Sbastien Lavalle, Critical Elements' Chief Executive Officer, noted that: "We are extremely pleased by the conclusions of the Committee's draft report conclusions, especially because these findings reflect our continued work with key stakeholders to ensure that the Project respects the principles of sustainable development and is also beneficial for local communities. This is an important moment for us and we are looking forward to continue engaging with stakeholders throughout the Project".
The Committee is now inviting the public to comment on the draft environmental assessment report and the potential environmental assessment conditions for the Project until April 16, 2021 (see the Committee's press release of March 17, 2021). This constitutes the last step before the publication of the Committee's final report, which could then lead to the grant of a federal authorization regarding the Project.