Critical Elements Lithium Completes Feasibilty for Rose Lithium-Tantalum Project

Critical Elements Lithium Corp of Montreal, QC reports that it has completed a new feasibility study for its proposed Rose Lithium-Tantalum project, which is located 300 km north-west of Chibougamau, QC. The project would cost an estimated US$357 million and take 21 months to construction. The operation is designed to yield 173,317 tonnes of chemical grade 5.5% spodumene for conversion and use in batteries for e-mobility and 51,369 tonnes of technical grade 6.0% spodumene concentrate for use in the glass and ceramics industry. And annual average tantalum production of 441 tonnes.

The average commodity prices used in the study were US$1,852/tonne for chemical grade lithium concentrate and US$4,039/tonne for technical grade lithium concentrate.

Volume 36, Issue 11

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