High Demand for Lithium | Critical Elements
Due to electric vehicles, demand for Lithium has increased. This demand spells opportunity for Critical Elements and their lithium project.
Critical Elements is a junior mining company in advance exploration stage. The company’s flagship project is the Rose Lithium-Tantalum project located in James-Bay, Quebec. It has a good geographic location, on-site access to infrastructures like powerline, roads, airport, railway access and camp.
The mine will excavate a total of 26.8M tonnes ore, grading an average of 0.85% Li2O and 133 ppm Ta2O5 after dilution. The mill will process 1.61M tonnes of ore per year to produce an annual average of 236,532 tonnes of technical and chemical grade spodumene concentrates and 429 tonnes of tantalite concentrate.
The ore is contained in several parallel and continuous low dipping pegmatite veins outcropping on surface. The ore zones are open at depth and a future underground operation is possible.
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