Critical Elements Lithium Corp is a Canada-based company specializing in the acquisition, exploration, development, and processing of critical minerals, with a primary focus on lithium. Headquartered in Blainville, Quebec, the company is strategically positioned to meet the growing demand for lithium driven by the electric vehicle (EV) and energy storage industries. Critical Elements Lithium Corp is committed to sustainable and responsible mining practices, aiming to become a reliable supplier of high-quality lithium products essential for the global transition to clean energy.
Battery Technology
Critical Elements Lithium Corp plays a vital role in the battery market by providing high-purity lithium products, including battery-grade lithium hydroxide and lithium carbonate. These materials are essential components in lithium-ion batteries, which power electric vehicles and energy storage systems. The company’s Rose Lithium-Tantalum project is designed to produce spodumene concentrate, a critical raw material for lithium-ion battery production.
Through pilot plant testing, Critical Elements has successfully demonstrated the production of battery-grade lithium hydroxide using a thermal leaching process. This capability allows the company to meet the diverse needs of cathode, battery, and EV manufacturers. By focusing on high-quality lithium products, Critical Elements supports the development of efficient and sustainable energy storage solutions, contributing to the global shift toward renewable energy and electrification.
Recent Projects
In recent years, Critical Elements Lithium Corp has achieved significant milestones in advancing its projects. The company announced additional lithium-rich intercepts at Rose West, expanding its major discovery and enhancing the potential of the Rose Lithium-Tantalum project. Critical Elements also secured an industrial occupancy lease for its worker camp, a crucial step in project development.
The company received an amended certificate of authorization for the Rose project from the Ministère de l’Environnement, de l’Enrichissement de l’Energie et des Ressources naturelles, further solidifying its commitment to sustainable operations. A new feasibility study for the Rose project reported an after-tax NPV8% of US$2.2 billion and an after-tax IRR of 65.7%, with production of high-quality spodumene concentrate expected to begin in 2026.
Investors
Critical Elements Lithium Corp has attracted a range of investors and strategic partners to support its growth. Notable shareholders include CEO Jean-Sébastien Lavallée, Konwave AG, and other key stakeholders. The company has also completed several financing rounds, including bought deal financings and private placements, to fund its projects.
Historically, Critical Elements has partnered with organizations like HELM AG, which provided funding for feasibility studies. The company continues to evaluate interest from global strategic partners to accelerate the Rose project into production. Additionally, Critical Elements has formalized relationships with local Cree communities, ensuring responsible and collaborative development practices.
Business Details
Location: Blainville, Quebec, Canada
Website: https://cecorp.ca
LinkedIn: https://www.linkedin.com/company/5237814
