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Consolidated Lithium Updates Kwyjibo PEA, Confirms Project Economics

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Consolidated Lithium Metals (CLM.V) said Thursday an updated preliminary economic assessment for its Kwyjibo Rare Earth Oxide Project in Quebec outlined plans for a 10,000-tonne-per-year rare earth oxide operation over a 10-year mine life, while confirming the project's competitive economics and a reduced surface footprint.

"As North America works to establish strategic rare earth stockpiles to strengthen domestic supply chains, Kwyjibo is well positioned to contribute to this objective," CEO Richard Quesnel said.

The company will rebrand as Nordique Critical Metals, effective Friday, to reflect its broader focus on critical minerals beyond lithium, according to a statement released late Tuesday.

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