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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.
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.
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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