Building Canada's antimony supply chain

Critical One Energy (CSE: CRTL) is advancing high-grade antimony at Howells Lake in northern Ontario. Follow the discovery and the partnership building its path to market.

Antimony is used in defence, energy storage and advanced technologies. Critical One’s goal is to help build a Canadian supply chain serving North American demand.

Under a signed binding memorandum of understanding, Solar International Core Canada (SICC) is the principal capital and offtake partner. Northlink Development Group is developing and managing the planned Ontario antimony processing facility. Critical One participates as a future feedstock supplier and carried equity partner.

The agreement sets out:

• C$15 million in equity investment from SICC into Critical One.
• A C$10 million commitment funded by SICC for Critical One’s carried equity interest in the planned processing facility.
• Up to C$400 million in conditional mine construction financing for Howells Lake.
• Exclusive offtake rights to purchase up to 150 million pounds of future antimony production at international benchmark prices.