The Conversation (0)
Critical Elements Announces Delay in Rose Project
Apr. 23, 2013 05:26PM PST
Tantalum InvestingMining Weekly reported that Critical Elements’ flagship project will begin its first production at least a year from its original production date as it prioritizes securing a deal with an offtake partner. The Rose project PEA estimated a total of 3.5 million pounds of tantalum pentoxide over the mine’s lifespan of 17 years.
Mining Weekly reported that Critical Elements’ flagship project will begin its first production at least a year from its original production date as it prioritizes securing a deal with an offtake partner. The Rose project PEA estimated a total of 3.5 million pounds of tantalum pentoxide over the mine’s lifespan of 17 years.
As quoted in the news article:
Lavallée explained the main focus this year was to advance discussions with potential offtake partners, and once a deal had been reached, it would place the company in a much better position to negotiate the financing needed to construct the mine and lithium carbonate plant.