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CENTURY LITHIUM CORP - CYDVF STOCK NEWS

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Century Lithium Corp (CYDVF) is an advanced lithium company, focusing on the development of its 100%-owned Clayton Valley Lithium Project in Nevada, USA. The company is in the pilot stage of testing on lithium-bearing claystone material at its Lithium Extraction Facility, with the goal of becoming a domestic producer for the electric vehicle and battery storage market. Century Lithium has recently completed a Feasibility Study that highlights robust economics, unique chlor-alkali, and direct lithium extraction processes, indicating a 17.2% after-tax Internal Rate of Return (IRR) and a $3.16 billion Net Present Value (NPV) at an 8% discount rate.

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Century Lithium Corp. is participating in the 121 Mining Investment Conference in London. Spiros Cacos, VP Investor Relations, will be presenting.
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Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) has obtained a provisional patent with the U.S. Patent and Trademark Office for a System and Method for Extracting Lithium from Clay and Other Materials in a Chloride Solution Using Individualized Pretreatments. The patent protects the Company's intellectual property related to the lithium extraction process developed at its Lithium Extraction Facility in Nevada. This development provides significant proprietary advantage as the company moves forward with its Feasibility Study.
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Century Lithium reports positive testing results at Saltworks Technologies, Inc. and increased lithium grade in concentrated lithium solution at the Pilot Plant, which achieved almost five-fold increase. Collaboration with Koch Technology Solutions contributed to the improvement. Consistency in high-purity lithium carbonate grades (99.87%) was also observed. These results have positive implications for the size and costs of lithium carbonate production, with potential to reduce solution volumes and eliminate a major evaporation step. The Company is pursuing cost and size savings with Saltworks. The Feasibility Study is ongoing, with internal reviews for optimization and cost reduction opportunities. Collaboration with KTS continues for further testing and engineering design of the Li-ProTM system.
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Century Lithium Corp. has made successful progress in its collaboration with Koch Technology Solutions (KTS) for the application of KTS's Li-Pro™ system at Century's Lithium Extraction Facility. The integration of KTS's DLE process has resulted in higher grades of lithium solution, with concentrations four times higher than before. The average lithium grade is 7.5 g/l, with sodium concentrations significantly lower. Operational improvements have also been made, including the removal of calcium and magnesium from the final solutions.
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Century Lithium Corp. (OTCQX: CYDVF) announced the successful installation and operation of Koch Technology Solutions' Li-Pro™ equipment at its Pilot Plant in Amargosa Valley, Nevada. This equipment is part of a collaboration between the two companies aimed at direct lithium extraction (DLE) from claystone samples from the Clayton Valley Lithium Project. Following a successful initial 7-day start-up, the results will help Century Lithium make informed decisions regarding a full-scale DLE plant installation. The Company is progressing towards a feasibility study and permitting, aiming to become a domestic lithium producer for the electric vehicle and battery sectors.

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Century Lithium Corp. (OTCQX: CYDVF) announced a collaboration with Koch Technology Solutions (KTS) for the application of the Li-Pro™ process at its Lithium Extraction Facility in Amargosa Valley, Nevada. This collaboration aims to enhance lithium extraction via direct lithium extraction (DLE) technology. Century Lithium purchased the Lionex DLE process in March 2022, now integrated into KTS' Li-Pro™ process. The collaboration will assess the technology's features and prepare for full-scale deployment at Century's Clayton Valley Lithium Project. Century will fund the study and installation of the equipment, while KTS will provide engineering and support.

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FAQ

What is the current stock price of CENTURY LITHIUM (CYDVF)?

The current stock price of CENTURY LITHIUM (CYDVF) is $0.18 as of December 23, 2024.

What is the market cap of CENTURY LITHIUM (CYDVF)?

The market cap of CENTURY LITHIUM (CYDVF) is approximately 34.4M.

What is Century Lithium Corp focused on?

Century Lithium Corp is an advanced lithium company, concentrating on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA.

What are the key goals of Century Lithium Corp?

Century Lithium aims to become a domestic producer of lithium for the growing electric vehicle and battery storage market.

What recent achievement has Century Lithium Corp celebrated?

Century Lithium recently completed a Feasibility Study that showcases robust economics, unique chlor-alkali, and direct lithium extraction processes.

What is the expected after-tax Internal Rate of Return (IRR) for Century Lithium Corp?

The Feasibility Study indicates an after-tax IRR of 17.2% and a $3.16 billion Net Present Value (NPV) at an 8% discount rate.

What stage is Century Lithium Corp in regarding its lithium production process?

Century Lithium Corp is currently in the pilot stage of testing on lithium-bearing claystone material at its Lithium Extraction Facility.

What makes Century Lithium Corp's process unique and economically beneficial?

Century Lithium Corp's utilization of chlor-alkali and direct lithium extraction processes enables the production of a marketable battery-quality product at the Project site.

What kind of mining process does Century Lithium Corp employ?

Century Lithium Corp employs mechanized surface excavation of claystone at production rates ranging from 7,500 to 22,500 tonnes/day of mill feed.

How long is the expected mine life for Century Lithium Corp's Project?

The mining and processing operations are anticipated to support a mine life of approximately 40 years.

Where can I find the Report 'NI 43-101 Technical Report on the Feasibility Study of the Clayton Valley Lithium Project'?

The Report is available on SEDAR+ and on the Company's website for public access.

Who is the independent qualified person approving the technical information of Century Lithium Corp?

Terre Lane, RM SME, MMSA, Principal Mining Engineer at GRE, is the independent qualified person approving the technical information in Century Lithium Corp's release.

CENTURY LITHIUM CORP

OTC:CYDVF

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34.38M
137.24M
4.39%
0.01%
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