Critical Elements Lithium Corporation (OTCMKTS: CRECF) is a Canadian mineral exploration and development company focused on advancing high-grade lithium and tantalum assets for the global battery market. Headquartered in Montreal, the company’s primary objective is to bring its flagship Rose Lithium-Tantalum project in the James Bay region of Quebec into commercial production. Critical Elements Lithium seeks to leverage the growing demand for lithium-ion batteries by developing a reliable North American source of battery-grade lithium concentrate.
The Rose project hosts one of the highest-grade hard-rock lithium deposits in Canada and is supported by extensive drilling, metallurgical testing and preliminary economic assessments. In addition to lithium, the deposit contains tantalum, a valuable by-product used in electronics. Critical Elements holds a 100% interest in the Rose property, which covers more than 20 square kilometres and benefits from year-round road access, proximity to hydroelectric power and established mining infrastructure in the James Bay region.
To advance the project toward production, Critical Elements Lithium is undertaking environmental baseline studies, completing feasibility work and engaging with local communities and Indigenous groups. The company has also initiated engineering and design studies for a concentrator facility capable of producing battery-grade lithium spodumene concentrate. Critical Elements aims to feed North American and European battery manufacturers by establishing offtake agreements for its spodumene product.
Led by President and CEO Benoit Gascon, a professional geologist with over two decades of exploration experience, Critical Elements Lithium’s management team brings technical expertise in hard-rock lithium development and project financing. The board and technical advisors include industry veterans in metallurgy, processing and mining finance, positioning the company to move its Rose project through permitting, financing and into construction.
AI Generated. May Contain Errors.