Critical Elements Corporation: Pre-Tax Net Present Value of CA$488 Million at an 8% Discount Rate and Internal Rate of Return of 33% for the Rose Tantalum-Lithium Project

- November 21st, 2011

Critical Elements Corporation (TSXV:CRE,OTCQX:CRECF,FWB:F12) announced the results of a Preliminary Economic Assessment for its 100%-owned Rose Tantalum-Lithium deposit located in the James Bay Area of northern Quebec.

Critical Elements Corporation (TSXV:CRE,OTCQX:CRECF,FWB:F12) announced the results of a Preliminary Economic Assessment for its 100%-owned Rose Tantalum-Lithium deposit located in the James Bay Area of northern Quebec.

As quoted in the press release:

Highlights of the Preliminary Economic Assessment Study Include:
The financial analysis of the Rose Project was based of price forecasts of US$260/kg ($118/lb) for Ta2O5 contained in a tantalite concentrate and US$6,000/t for lithium carbonate (Li2CO3).
The after tax Internal Rate of Return (IRR) of the Rose Project is estimated at 25%, with a Net Present Value (NPV) of CA$279 million at an 8% discount rate. The payback period is estimated at 4.1 years.
The pre-tax IRR is estimated at 33% and the NPV at $488 million at a discount rate of 8%.

Click here to read the Critical Elements Corporation (TSXV:CRE,OTCQX:CRECF,FWB:F12) press releaseSee this press release on Marketwire
Click here to see the Critical Elements Corporation (TSXV:CRE,OTCQX:CRECF,FWB:F12) profile.

Leave a Reply