CENTURY LITHIUM CORP - CYDVF STOCK NEWS

Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) has reported the production of battery grade lithium carbonate (Li2CO3) at its Pilot Plant in Amargosa Valley, Nevada. The second batch of lithium carbonate achieved a purity of 99.5%, which is considered battery grade. This marks a significant accomplishment for the company's Pilot Plant team.

The company processed two 40-liter lots of concentrated lithium solution, producing 4 kilograms of lithium carbonate from each lot. After addressing a mechanical issue, the purity improved to 99.5%, with reduced impurities of sodium and calcium. Century Lithium continues to focus on design and engineering to support reduced capital requirements in the overall process.

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.

Century Lithium, a lithium mining company, has announced the results of a Feasibility Study for its Clayton Valley Lithium Project in Nevada. The study indicates robust economics, including a large-scale lithium project generating an annual average of 34,000 tonnes of battery-quality lithium carbonate and an after-tax internal rate of return of 17.1% at a price of $24,000 per ton of Li2CO3. The Project's life spans 40 years and has low operating costs.

Century Lithium Corp. provides an update on the Feasibility Study for its Clayton Valley Lithium Project in Nevada. The study, led by Wood PLC and Global Resource Engineering , is currently under review, with revised production estimates and economic evaluations. The company's Lithium Extraction Facility is in its third year of testing, gathering essential data for the study. Progress is being made towards permitting the project, with baseline reports accepted by government agencies.

Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) reports progress and developments at its Lithium Extraction Facility in Amargosa Valley, Nevada. The Pilot Plant achieved lithium grades exceeding 14 grams/liter, up from 7.5 grams/liter in August 2023. Work with Koch Technology Solutions LLC on direct lithium extraction is ongoing, with commercial design expected in January 2024.

Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) provided an update on its Feasibility Study for its Clayton Valley Lithium Project in Nevada. The study includes a market study on sodium hydroxide as a soluble by-product. The ongoing work aims to optimize production and explore a phased approach to mitigate market volatility.