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Critical Elements signs with strategic partner regarding off-take, collaboration for feasibility completion and project financing option

Fasken
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Overview

Client

Critical Elements Corporation

Critical Elements Corporation is pleased to announce the signature of a strategic collaboration agreement with a leading chemical company, HELM AG (“HELM”), that includes take or pay off-take for all products produced from the Rose Lithium-Tantalum project. The feasibility study will be completed in collaboration with HELM’s technical and commercial team. Finally, should the feasibility study support the technical feasibility and economic viability of the project, HELM will also have the option of acquiring an interest of up to 25% in the project by participating in the project financing. Critical Elements was represented by a Fasken Martineau team led by Frank Mariage (Mines). For more information about the material terms of the Agreement, read the press release.

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