Welcome to our dedicated page for Century Lithium news (Ticker: CYDVF), a resource for investors and traders seeking the latest updates and insights on Century Lithium stock.
Century Lithium Corp. (OTCQX: CYDVF) generates news primarily around the development of its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. Company updates often focus on technical milestones in lithium extraction, project permitting, and progress toward feasibility-level development of what it describes as one of the largest sedimentary lithium deposits in the United States.
News releases highlight Century Lithium’s patent-pending chloride leaching and Direct Lithium Extraction process, including the production of battery-grade lithium carbonate product samples and high-purity lithium hydroxide at its Demonstration Plant in Nevada. The company also reports on test work showing high recoveries of rare earth elements and critical metals from Angel Island leach solutions, underscoring potential by-product opportunities alongside lithium carbonate and surplus sodium hydroxide generated through its chlor-alkali process.
Investors following CYDVF can expect regular updates on permitting and regulatory milestones, such as Angel Island’s designation as a FAST-41 Transparency project and the completion of baseline environmental studies supporting the federal NEPA process. Additional news often covers the relocation and enhancement of the Demonstration Plant, feasibility study optimization, and corporate developments that support the advancement of Angel Island.
This news feed provides a centralized view of Century Lithium’s disclosures on project progress, technical test results, and corporate actions related to Angel Island. For those tracking lithium and critical minerals in North America, CYDVF news offers insight into how the company is working to advance an integrated, end-to-end lithium project aimed at supplying battery-grade materials to the electric vehicle and energy storage markets.
Century Lithium Corp (TSXV: LCE) (OTCQX: CYDVF) has reported promising results from its newly commissioned lithium carbonate stage at the Pilot Plant in Amargosa Valley, Nevada. The company produced lithium carbonate with purity as high as 99.2% during initial startup, approaching battery-grade quality (typically >99.5%). Five 40-liter lots of concentrated lithium solution were processed, yielding 4 kilograms of lithium carbonate per lot. The purity increased with each test, demonstrating the potential for further improvement.
The company has identified steps to enhance purity and reduce impurities, particularly calcium and magnesium. This achievement marks a significant milestone, as Century Lithium can now process lithium solution end-to-end at its Pilot Plant, eliminating the need for offsite treatment. The company continues to focus on design and engineering improvements to support reduced capital requirements in the overall process.
Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) has successfully added a lithium carbonate stage at its Pilot Plant in Amargosa Valley, Nevada. The company produced 20 kg of high-grade lithium carbonate onsite from 200 liters of concentrated lithium solution. This development aligns with recommendations from their recent Feasibility Study and marks a significant step towards domestic lithium production in the U.S.
Despite the recent downturn in lithium prices affecting share prices across the industry, Century Lithium continues to focus on unlocking the vast lithium resources in Nevada's claystone deposits. The company's patent-pending process combines chloride leaching with Direct Lithium Extraction (DLE) to produce battery-quality lithium products onsite, potentially reducing the need for downstream processing.
Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) has renamed its Clayton Valley Lithium Project in Nevada, USA to the Angel Island Mine. This change comes after the company announced a positive Feasibility Study in April 2024, positioning it as one of the few advanced lithium projects in development in the United States. The name change was encouraged by regulators to provide clarity during the permitting process, which the company is currently working towards. The new name is derived from a topographical feature of the project site, helping to distinguish it from other mining and energy projects in the area.
Century Lithium has filed the NI 43-101 Technical Report for its Clayton Valley Lithium Project in Nevada, effective April 29, 2024. Prepared by Wood Canada , Global Resource Engineering, and WSP USA, the study supports the company's April 29, 2024 news release. The project boasts a 17.2% Internal Rate of Return (IRR) and a $3.16 billion Net Present Value (NPV) at a base case lithium carbonate price of $24,000/tonne. The resource estimates include 1,138.59 million tonnes of measured and indicated resources with an average grade of 966 ppm lithium, and proven and probable reserves of 287.65 million tonnes with an average grade of 1,149 ppm lithium. The project, which has a 40-year mine life, uses innovative chloride leaching and direct lithium extraction processes.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.