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An update from Critical Elements ( (TSE:CRE) ) is now available.
Critical Elements Lithium Corporation has received a support letter from a leading Canadian financial institution indicating potential long-term debt financing of up to US$115 million for the Rose Lithium-Tantalum project. This development is a significant step towards securing the financial package needed for the project’s advancement, reflecting ongoing interest from potential partners and contributing to the company’s strategic growth in the lithium industry.
More about Critical Elements
Critical Elements Lithium Corporation is a company focused on becoming a significant supplier of lithium, mainly for the electric vehicle and energy storage industries. They are advancing the Rose Lithium-Tantalum project in Québec, known for its high purity lithium and strategic location for accessing US and EU markets. The project has received necessary environmental and mining approvals in Québec.
YTD Price Performance: 12.86%
Average Trading Volume: 29,292
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $75.15M
Learn more about CRE stock on TipRanks’ Stock Analysis page.
