Critical One Energy negotiates C$425m investment and offtake agreement

Critical minerals exploration company Critical One Energy has signed a binding memorandum of understanding (MoU) with strategic investment and operating firm Solar International Core Canada (SICC), bringing C$25-million of strategic capital, a construction financing facility of up to C$400-million and a future antimony offtake agreement to the company’s flagship Howells Lake antimony/gold project, in Ontario, Canada. The MoU brings together SICC as the principal capital and offtake partner and Northlink Development Group as the developer and project manager of the planned Ontario antimony processing facility.