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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 JRVansanton Jul 29, 2021 11:07pm
149 Views
Post# 33630564

CATL to produce Sodium-Ion Batteries (no lithium)

CATL to produce Sodium-Ion Batteries (no lithium)

What do you guys think?

BEIJING, July 29 (Reuters) - China's CATL (300750.SZ) on Thursday became the first major automotive battery maker to unveil a sodium-ion battery, saying it planned to set up a supply chain for the new technology in 2023.

As electric vehicles become increasingly popular, demand for key battery ingredients, particularly cobalt, has spiked. That has spurred car and battery makers to seek alternatives to the current three main technologies - nickel-cobalt-aluminium (NCA), nickel-cobalt-manganese (NCM) and lithium iron phosphate (LFP) batteries.

The sodium-ion batteries do not contain lithium, cobalt or nickel. It did not disclose cost details of the new batteries.

CATL, China's top car battery maker with a market value of almost $200 billion, also unveiled a battery pack that integrates sodium-ion and lithium-ion batteries.

 

The energy density of its new sodium-ion batteries is still lower than that of LFP batteries, Huang Qisen, deputy head of CATL's research centre told an online briefing. But he added that they perform well in cold-weather and fast-charging scenarios.

CATL, which competes with Japan's Panasonic Corp (6752.T) and South Korea's LG Chem, has over 5,000 researchers, its chairman, Zeng Yuqun, told the briefing.

It is also developing other technologies that integrate battery cells directly onto an electric vehicle's frame to extend its driving range.

Automakers that CATL supplies include Tesla Inc (TSLA.O), Volkswagen AG (VOWG_p.DE) and Geely (GEELY.UL).

https://www.reuters.com/technology/chinas-top-ev-battery-maker-catl-touts-new-sodium-ion-batteries-2021-07-29/

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