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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium 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 24.99 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. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Post by obeyobeyon Jan 28, 2013 1:57pm
148 Views
Post# 20900840

BMW, Toyota partner on Lith-Air

BMW, Toyota partner on Lith-Air

BMW, Toyota partner on lithium-ion battery R&D

By Andrew Nusca | January 24, 2013, 6:38 AM PST

Japanese automotive giant Toyota and German automaker BMW announced this morning that they will jointly research a lithium-air battery for use in hybrid and fully electric vehicles.

The goal is to produce a battery more powerful than what’s available on the market today,according to a Reuters report, as well as a hydrogen fuel cell vehicle system, expected by 2020.

It’s a marriage of two giants: Toyota is the world’s leading car company and BMW is the leader in the premium segment. A joint venture will allow them to keep research and development costs down as rival automakers pursue similar technologies.

Hybrid and fully electric vehicles have begun to gain market share, but hydrogen fuel cell vehicles — which produce only water as a byproduct — have not been so lucky. BMW in particular has conducted extensive tests with the technology over the years.

Toyota, on the other hand, has thrown its weight behind lithium-ion batteries, including them in its popular Prius model, among others. The goal here would be to develop a lithium-air battery — not quite the same as a lithium-ion battery — that can power a vehicle 500 miles on a single charge.

The partnership is also a quid pro quo business decision: BMW gets access to Toyota Li-ion research in exchange for supply of diesel engines, popular in the European market. They’ll also develop a shared platform for a mid-sized sports car.

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