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. develops the 100%-owned Angel Island Lithium Project in Nevada, a lithium claystone project designed to produce battery-grade lithium carbonate. Company news commonly covers federal and environmental permitting, NI 43-101 feasibility study work, mineral resource and reserve disclosures, and development of its patent-pending process that combines industrial raw material leaching, direct lithium extraction and chlor-alkali processing.
Updates also address the company's Nevada demonstration plant, reagent and co-product strategy, including sodium hydroxide, by-product testing such as rare earth element recovery, and management appointments tied to technical, environmental, operational and financial oversight.
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.
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