MONTREAL, QC / ACCESSWIRE / July 12, 2021 / Critical Elements Lithium Corporation (the "Company" or "Critical Elements") (TSX-V:CRE) (US OTCQX:CRECF) (FSE:F12) is pleased to announce that it has retained the services of Mr. Gerrit Fuelling as a lithium market and contracts expert for its hydroxide engineering study. Critical Elements announced the commencement of a Phase II engineering study for a chemical plant to produce high quality lithium hydroxide monohydrate for the electric vehicle and energy storage system battery industries in a release dated June 7, 2021. Gerrit Fuelling has joined the team of highly regarded engineering consultants including Metso Outotec and WSP Canada that will contribute to the study.
Gerrit Fuelling, Diplom Ingenieur (TU Berlin), is an independent consultant based in Taipei, Taiwan. He is actively advising automotive OEMs and top tier battery manufacturers on lithium and cesium raw material sourcing, sales and marketing, and QA/QC, as well as providing services on raw materials pricing, term sheets, and lead negotiations. His high standing in the industry is based on decades of progressively more responsible industry experience with Chemetall GmbH and Rockwood Lithium Asia, a forerunner and subsidiary, respectively, of Rockwood Lithium. Mr. Fuelling recognized the growing importance of the Asian market in the lithium business in the 1990s, establishing deep sales channels, sophisticated pricing strategies, and an expansive client base. As President of Rockwood Lithium Asia from July 2011 to November 2015, he was instrumental in aligning and adjusting Rockwood's business towards the emerging battery business for e-mobility. Mr. Fuelling is part of the extensive network of former executives that worked with Dr. Steffen Haber, Critical Element's President and the former President and Chief Executive Officer of Rockwood Lithium. Rockwood Lithium was purchased by Albemarle Corporation for US$6.2 billion in January 2015.