Century Lithium Corp. (TSXV: LCE | OTCQX: CYDVF) has reported on progress at its wholly owned Angel Island lithium project located in Esmeralda County, Nevada, USA.
“Century Lithium is focused on delivering results that will position the company as one of the most advanced opportunities for a new domestic supply of this important and strategic commodity for the EV and battery storage industry” said Bill Willoughby, president, and CEO of Century Lithium.
Following the successful completion of the Feasibility Study on Angel Island in April 2024, the company has been diligently advancing the project’s development. The spotlight is on optimizing processes to cut both capital and operating costs, conducting thorough environmental studies, securing necessary permits, and arranging project funding. A key part of this effort includes ongoing testing at the company’s Lithium Extraction Facility in Amargosa Valley, Nevada. Here, Century Lithium’s focus is on producing high-quality lithium carbonate samples, which are being evaluated by domestic end-users and potential partners, marking an exciting phase in the project’s journey.
“The State of Nevada has expressed the desire to play a critical role in the clean energy transition, specifically through Nevada’s Lithium Loop initiative focusing on local resources to products to recycling. We are working with Century’s resources and technology to position us at the forefront of this effort.” Added Bill.
Pilot Plant Testing and Engineering
- Review of the Feasibility Study with emphasis on pursuing several avenues to reduce the estimated capital and operating costs and achieve significant improvement of the project’s economics
- Achieved onsite production of battery quality lithium carbonate samples for evaluation and to demonstrate Angel Island’s capability as an end-to-end process for taking lithium claystone to a battery-quality product
- Conducted initial tests with third parties on alternate reagents and media for the Pilot Plant
- Currently installing equipment at the Pilot Plant based on results from the above
- Initiated materials testing programme to optimize and potentially reduce the estimated costs of the tailings storage facility
Environmental Studies and Permitting
- Completed draft hydrologic model and addressing comments from federal regulators
- Completed a draft plan of operations
- Modeled alternate locations for water supply to potentially source process water closer to the Project within the scope of the Company’s water rights permit
- Engaged consultants to prepare key state permits with emphasis on water pollution control and air quality
Angel Island Funding
- Communicating with potential strategic partners and end-users of lithium carbonate for testing of our product samples
- Pursuing parties interested in marketing or obtaining a future supply of sodium hydroxide; Century Lithium’s process will produce a surplus of sodium hydroxide, the sales of which are estimated to result in a low net production cost for lithium carbonate
- Compiling Project information to support applications for government funding opportunities available through the US Department of Energy and US Department of Defense
To read more about this, please visit www.centurylithium.com
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