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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

Comment by kakoo88on Jun 01, 2021 10:54pm
163 Views
Post# 33308830

RE:RE:RE:Volkswagon on the hunt

RE:RE:RE:Volkswagon on the hunt Here is a LINK to the article.

I also pasted it below for everyone to be able to read.

What a great day to be a CRE shareholder! Long and strong!!
I can't even imagine where a deal with VW would take the share price, I day dream a lot but not that much :))

I am going to ride the waive regardless of who they sign with. I am in for the money but I would also find a lot of pride in having invested in one of the newly successfull Canadian miners producing one of the highest purity Li on earth. CRE Management just get us those permits please!!

Good Luck everyone and also remember that there is no shame in booking profits.

Also, Elvis good to have you back with your L2!

GO CRE GO!






Volkswagen to 'get actively involved in the raw materials business' 

Kitco News

Carmaker Volkswagen is contemplating a spin out of its battery division and sees a need to start sourcing the raw materials itself.

Chief Technology Officer Thomas Schmall was interviewed by Handelsblatt (translated from German). The story was published today.

In the interview, Schmall said its battery spin out will need to integrate vertically. Material costs are the driver.

"The new electrical world is also changing the structure of purchasing, our cooperation with suppliers. So far, we have mainly obtained our parts from suppliers who are the first in line, for example from the big players in the industry. In the battery field, however, we now have to go deeper into the supply chain, in other words to the upstream suppliers of the major suppliers. The decisive factor in battery cells are the raw material costs, their share is around 80 percent. So we have to take care of the raw materials right now.

"[We] are looking at the entire process chain from the mine to recycling. We have to get actively involved in the raw materials business. If the basic logic is that we do everything under one roof and manage the planned factories uniformly, the answer is yes. We want to turn the battery business decisively. We at Volkswagen want to steer the driver's seat and the operational business with the new factories. This also ensures that we can introduce the announced standard cell across all Group brands.

Source: Hadelsblatt

The company is looking for paternships for its battery spin out, noting that the cost of constructing cell plants is expensive. Hadelsblatt notes that Volkswagen and its partners intend to build six new gigafactories for cell production in Europe alone.

The Volkswagen Group delivered 9.3 million vehicles to customers worldwide in fiscal year 2020 and generated sales revenue of €222.9 billion (US$271 billion).


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