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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 goodtoreadthison Dec 20, 2018 2:32pm
120 Views
Post# 29142174

The likely story behind the story

The likely story behind the storyChina is now giving tax credits on EVs largely to EVs that can travel longer distances without a charge. Those vehicles are largely the ones powered by LI hydroxide. Using brine to make LI HYDROXIDE takes a number of additional, expensive steps relative to hard rock LI which is readily convertible into LI hydroxide without the expensive steps. 

Orocobre -to my knowledge- as no hard rock LI and is facing a lessening of demand for brine based LI carbonate. That is likely why this article is partially valid. https://www.reuters.com/article/us-australia-lithium-orocobre/orocobre-says-lithium-carbonate-prices-slump-does-not-see-recovery-soon-idUSKCN1OJ0RP

PILBF is a hard rock LI MINER and Gangfeng one of it's offtake partners is trying to use the reduction of LI cabonate prices tied to brine to negotiate down PILBF'S price for high qualityhard rock LI.   My money literally is on PILBF.  
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