Critical Elements Lithium Corporation

CompanyCritical Elements Lithium Corporation

  • Location: Quebec, Canada
  • Tickers:
    • FSE:F12
    • OTCQX:CRECF
    • TSXV:CRE
  • Commodities:
    • Lithium
  • Project Stages:
    • Development

Primero Group recently completed the first phase of its Early Contractor Involvement agreement with the Corporation and provided a Guaranteed Maximum Price for the engineering, procurement and construction of the wholly-owned Rose Lithium-Tantalum project on a lump sum turnkey basis that is in line with the Project’s feasibility study published November 29, 2017. The project feasibility study is based on price forecasts of US $750/tonne for chemical-grade lithium concentrate (5% Li2O), US $1,500/tonne for technical-grade lithium concentrate (6% Li2O) and US $130/kg for Ta2O5 in tantalite concentrate, and an exchange rate of US $0.75/CA $. The internal rate of return (“IRR”) for the Rose Lithium-Tantalum project is estimated at 34.9% after tax, and net present value (“NPV”) is estimated at CA $726 million at an 8% discount rate. The estimated payback period is 2.8 years. The pre-tax IRR for the Rose Lithium-Tantalum Project is estimated at 48.2% and the pre-tax NPV at CA $1,257 million at an 8% discount rate (see press release dated September 6, 2017). The open pit mining schedule allows for a 17-year mine life. The mine will produce a total of 26.8 million tonnes of ore grading an average of 0.85% Li2O and 133 ppm Ta2O5, including dilution. The mill will process 1.61 million tonnes of ore per year to produce an annual average of 236,532 tonnes of technical and chemical grade spodumene concentrate and 429 tonnes of tantalite concentrate.

Critical Elements Lithium Corporation
  • fsx: f12

    • 0.11 (7.37%)

* Based on previous 24 hours performance

  • fsx: f12

    • 0.082 (5.39%)

* Based on previous 7 days performance

  • fsx: f12

    • -0.138 (-7.93%)

* Based on previous 12 weeks performance

  • fsx: f12

    • 0.687 (75.08%)

* Based on previous 12 months performance

Open 1.60200 Volume 0
High 1.60200 52w High 1.85800
Low 1.60200 52w Low 0.86000
Close 1.60200

* 27 January 2023 (EUR)

  • otc: crecf

    • -0.008 (-0.46%)

* Based on previous 24 hours performance

  • otc: crecf

    • 0.08 (4.88%)

* Based on previous 7 days performance

  • otc: crecf

    • -0.02 (-1.15%)

* Based on previous 12 weeks performance

  • otc: crecf

    • 0.68 (65.38%)

* Based on previous 12 months performance

Open 1.75000 Volume 69500
High 1.76000 52w High 1.87000
Low 1.71000 52w Low 0.88000
Close 1.72000

* 27 January 2023 (USD)

  • tsxv: cre

    • -0.01 (-0.43%)

* Based on previous 24 hours performance

  • tsxv: cre

    • 0.1 (4.55%)

* Based on previous 7 days performance

  • tsxv: cre

    • -0.01 (-0.43%)

* Based on previous 12 weeks performance

  • tsxv: cre

    • 0.99 (75.57%)

* Based on previous 12 months performance

Open 2.35000 Volume 266000
High 2.35000 52w High 2.53000
Low 2.27000 52w Low 1.18000
Close 2.30000

* 27 January 2023 (CAD)

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