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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 BluePillon Jun 25, 2021 7:40pm
184 Views
Post# 33454921

RE:RE:Volvo and Northvolt to develop sustainable EV batteries

RE:RE:Volvo and Northvolt to develop sustainable EV batteriesWe would think they would want some operation that is stable and reliable, using older and trusted technologies using material that is free of impurities. Boring, but strong and long-living turtles can win races. The hare has lost a few races already.
JRVansant wrote:

From 2019:

Northvolt’s lithium will come from spodumene ore mined in Australia and Canada, and it will be processed and refined into lithium hydroxide at plants located near these mines. ...
 

Northvolt’s Canadian supplier is Nemaska Lithium in Quebec, which has developed a new approach to making lithium hydroxide that relies on electrolysis. By running on hydroelectric power, the process will shrink the material’s carbon footprint.

This sounds well and good, but Nemaska reported in November that it will idle its mining and refining operations until it can raise more capital. “They have a huge cost overrun,” says Martin Potts, mining research director at the investment bank finnCap.

Nehrenheim contends that Northvolt will still be able to source enough lithium hydroxide elsewhere, but Potts is not so sure. Nemaska had agreed to supply Northvolt Ett with up to 5,000 metric tons of lithium hydroxide per year, which Potts estimates is about one-quarter of the lithium the gigafactory needs. “They could find they’re trying to start up a factory without the required raw material,” Potts says.

 

https://cen.acs.org/energy/energy-storage-/Northvolt-building-future-greener-batteries/97/i48

 

Here's hoping CRE can pick up some of NMX's slack.



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