CRECFCritical Elements Lithium Corporation
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About Critical Elements Lithium Corporation (CRECF)
Critical Elements Lithium Corporation (CRECF) is a Other Industrial Metals & Mining company headquartered in Blainville, QC, Canada whose shares trade over-the-counter on the OTCQX tier.
Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries. To this end, Critical Elements is advancing the wholly-owned, high-purity Rose Lithium-Tantalum project in Quebec, the Corporation's first lithium project to be advanced within a land portfolio of over 1,050 km2. On August 29, 2023, the Corporation announced results of a new Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 65.7%, with an estimated after-tax net present value of US$2.2B at an 8% discount rate. In the Corporation's view, Quebec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 94% hydroelectricity. The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government, received the Certificate of Authorization pursuant to section 164 of Quebec's Environment Quality Act from the Quebec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, and the project mining lease from the Quebec Minister of Natural Resources and Forests under the Quebec Mining Act.
Products and services
Critical Elements Lithium Corporation is a mining exploration company owning several mining properties in Quebec.
CRECF key facts
- Ticker symbol
- CRECF
- Market tier
- OTCQX
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Headquarters
- Blainville, QC, Canada
- Country of incorporation
- CA
- Year of incorporation
- 2006
- Employees
- 14
- Estimated market cap
- $71.65M (as of Apr 15, 2025)
- Shares outstanding
- 217,848,838
- Reporting standard
- International Reporting: TSX Venture Exchange
- Audit status
- Audited
- Fiscal year end
- 8/31
- Latest filing
- Interim Financial Report (Nov 30, 2024)
Critical Elements Lithium Corporation leadership
- Jean-Sebastien Lavallee — CEO
- Steffen Haber — President
- Marcus Brune — VP, Fin.
- Nathalie Laurin — CFO, Secretary
- Yves Perron — VP, Eng.
Explore more: Other Industrial Metals & Mining stocks · Basic Materials sector · OTCQX stocks · OTC stocks starting with C
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