Critical Elements Lithium (TSXV:CRE) - High Value Rose Project on the Path to FID

Interview with Eric Zaunscherb, Chairman of Critical Elements Lithium Corp. (TSX-V: CRE)Our previous interview: https://youtu.be/iPNhac82fncRecording date: 14th August 2023Critical Elements aims to establish itself as a major and conscientious lithium provider for the thriving electric vehicle and energy storage sectors. The company is progressing its premier Rose lithium project in Québec, a high-purity venture nestled within its expansive landholdings of over 1,050 square kilometers. On June 13th, 2022, they unveiled the results of a feasibility study for the production of spodumene concentrate at Rose. This project boasts an impressive after-tax internal rate of return of 82.4% and an after-tax net present value of US$1.9 B, considering an 8% discount rate. Critical Elements believes that Québec's location is ideal for the US and EU markets, underscored by its solid infrastructure that includes a predominantly hydroelectric-powered grid (94%). Additionally, the Rose project has garnered the nod from the Federal Minister of Environment and Climate Change based on the Joint Assessment Committee's suggestions, which includes members from the Impact Assessment Agency of Canada and the Cree Nation Government. It has also secured the Certificate of Authorization under section 164 of Québec’s Environment Quality Act from the Québec Minister of the Environment, the Fight against Climate Change, Wildlife, and Parks.

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