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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 Rinny1on Nov 30, 2021 12:44am
417 Views
Post# 34178694

On the bright side!!!! Lithium prices up

On the bright side!!!! Lithium prices up

Lithium carbonate prices in China rose to 198,500 yuan per tonne, as tight supplies struggle to meet the accelerating demand. The upward momentum of less-polluting forms of transportation uplifted the demand for lithium, a key component in the rechargeable batteries used for electric vehicles and hand held electronics. Data by Reuters indicates auto manufacturers target USD 515 billion for electric vehicles and batteries by 2030, while lithium carbonate prices have already increased by 320% this year. In the meantime, lithium contracts track the increased valuation of the metal, as Autralia’s Pilbara Minerals auctioned its hard rock-sourced lithium for USD 2,350 per tonne, 88% higher than that of July’s auction of USD 1,250 per tonne. The increasing trend in prices has auto manufacturers seek longer-term contracts with miners to secure supplies.



https://tradingeconomics.com/commodity/lithium

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