Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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... see more

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Critical Elements Lithium Corp > Offtake Upfront Cost

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Post by tiger2201 on Feb 16, 2023 12:30pm

Offtake Upfront Cost

Li offtake contracts have today an upfront signing price:

- SC: 3 USD/Kg-LCE (Liontown/Ford 100 kMT-LCE @ $300m (debt), PLL/LG 25 kMT-LCE @ $75m (equity))

- Li2CO3: 4 USD/MT LCE (Livent/GM 50 kMT-LCE @ $200m (debt)) This trend will continue in the foreseeable future

https://twitter.com/D_Jimenez_Sch/status/1626271331644805121

tiger

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Comment by tinker901 on Feb 16, 2023 7:24pm

That's good news. Our deal is in another category though. A partnership. So the signing price in our case will be buyingin for an amount equal to something between 50 and 100% of the capex in exchange for a piece (10 to 25%) of the action.

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Critical Elements Lithium Corp