Century Lithium Corp. (TSXV: LCE | OTCQX: CYDVF | Frankfurt: C1Z) has reported that its feasibility study on the company’s Clayton Valley Lithium Project, in Nevada, USA, is currently under review under the direction of Wood PLC and Global Resource Engineering Ltd. The company anticipates its announcement imminently.
To date, the company’s feasibility study team has revised and updated estimates for a phased production approach at the project. These revisions also included assessment and evaluation of the economic benefit of sales of the surplus sodium hydroxide produced by the chlor-alkali plant.
The company’s lithium extraction facility (pilot plant) in Amargosa Valley, Nevada is now in its third year of testing the processing of lithium-bearing claystone from its project. All data collected has been essential to the feasibility study.
Century Lithium continues to work toward permitting the project including the collection of baseline data collection for biology, surface, and groundwater hydrology, and social impacts. Earlier this year, baseline reports were submitted by the company’s consultants and were accepted by the appropriate government agencies. Multiple reports have been completed which will aide in the preparation of a plan of operations to initiate the National Environmental Policy Act (NEPA) process.
To find out more, please visit www.centurylithium.com
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