Latest news with #CenturyLithium
Cision Canada
06-05-2025
- Business
- Cision Canada
CENTURY LITHIUM PROVIDES TECHNICAL UPDATE ON ANGEL ISLAND
VANCOUVER, BC, May 6, 2025 /CNW/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to provide an update on its 100%-owned lithium project, Angel Island ("Angel Island") near Silver Peak, Nevada and the associated Lithium Extraction Facility ("Demonstration Plant") in Amargosa Valley, Nevada. "Century Lithium has continued to advance Angel Island through the Company's Demonstration Plant," said Bill Willoughby, Century Lithium President and CEO. "Our Demonstration Plant allows us to improve our technology through various avenues of testing, most recently with ARi, where recent results have exceeded our expectations." Advancements to the Demonstration Plant Century Lithium has successfully completed testing at the Demonstration Plant in collaboration with Amalgamated Research, LLC ("ARi") of Twin Falls, Idaho. This testing focused on new developments within the Direct Lithium Extraction ("DLE") portion of Century Lithium's process. These results exceeded expectations for lithium recovery and eluate grade produced from a primary step in the DLE process. The Company believes this could result in a substantial reduction in the estimated capital and operating costs at Angel Island. Results from DLE Pilot Testing (November 2024–January 2025): 328 milligrams per liter ("mg/L") lithium feed concentration 91.6% lithium recovery 575 mg/L eluate grade with a low Na:Li ratio of 0.6:1 Additional Technical Progress at the Demonstration Plant An increase of lithium in eluate to 12 to 14 grams per liter ("g/L") lithium concentration using specialty membranes in the concentration steps following DLE Continued operation of the lithium carbonate ("Li 2 CO 3") circuit, resulting in 99.87% purity in Li 2 CO 3 samples Third-party evaluation is underway on Li 2 CO 3 samples for use in producing lithium iron phosphate ("LFP") batteries. LFP batteries have a high energy density and long cycle life and are used in solar, energy storage systems and long-range EV applications Testing is underway for thermal pretreatment of Angel Island clay with the potential to significantly reduce hydrochloric acid use in the leach stage of processing Qualified Person Todd Fayram, MMSA-QP and Senior Vice President, Metallurgy of Century Lithium is the qualified person as defined by National Instrument 43-101 and has approved the technical information in this release. ABOUT CENTURY LITHIUM CORP. Century Lithium Corp. is an advanced stage lithium company, focused on developing its wholly owned Angel Island project in Esmeralda County, Nevada, which hosts one of the largest sedimentary lithium deposits in the United States. The Company has utilized its patent-pending process for chloride leaching combined with direct lithium extraction to make battery-grade lithium carbonate product samples from Angel Island's lithium-bearing claystone on-site at its Demonstration Plant in Amargosa Valley, Nevada. Angel Island is one of the few advanced lithium projects in development in the United States to provide an end-to-end process to produce battery-grade lithium carbonate for the growing electric vehicle and battery storage market. Angel Island is currently in the permitting stage for a three-phase feasibility-level production plan expected to yield an estimated life-of-mine average of 34,000 tonnes per year of carbonate over a 40-year mine-life. To learn more, please visit ON BEHALF OF CENTURY LITHIUM CORP. WILLIAM WILLOUGHBY, PhD., PE President & Chief Executive Officer NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. Cautionary Note Regarding Forward-Looking Statements This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook. Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans. These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at
Cision Canada
30-04-2025
- Business
- Cision Canada
CENTURY LITHIUM PROVIDES UPDATE ON ANGEL ISLAND English
VANCOUVER, BC, April 30, 2025 /CNW/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to provide an update on its 100%-owned lithium project, Angel Island ("Angel Island") near Silver Peak, Nevada. Strategic Policy Developments Century Lithium welcomes recent Executive Orders from the White House under President Donald J. Trump, which prioritize domestic mining and processing of critical minerals. These directives emphasize the need for a secure US-based supply chain for lithium, which is an essential mineral for use in battery production for energy storage, EVs, and defense. The Company believes it is uniquely positioned to support this national initiative with Angel Island, a feasibility-level lithium project, and a single-source miner and producer of lithium carbonate. "Century Lithium is uniquely prepared to contribute to a domestic solution for lithium products at Angel Island," said Bill Willoughby, Century Lithium President and CEO. "Our demonstration plant and advanced technology position us to contribute to the efforts of the US mining industry in building secure and sustainable domestic critical minerals supply chains." Permitting Update The Company recently met with the Nevada State Office of the Bureau of Land Management ("BLM") to discuss the implications of recent White House Executive Orders and progress on environmental studies and permitting for Angel Island. On the Federal level, the remaining steps include completion and approval of final baseline studies, and completion and submittal of the Mine Plan of Operations ("PoO") for BLM approval. Following approval of the PoO, the BLM will determine the appropriate level of National Environmental Policy Act analysis that will be required, either an environmental assessment or an environmental impact statement. Throughout this process to date, the BLM has provided helpful and timely assistance as we work through the permitting process. Century Lithium looks forward to a continued positive working relationship with the BLM moving forward. ABOUT CENTURY LITHIUM CORP. Century Lithium Corp. is an advanced stage lithium company, focused on developing its wholly owned Angel Island project in Esmeralda County, Nevada, which hosts one of the largest sedimentary lithium deposits in the United States. The Company has utilized its patent-pending process for chloride leaching combined with direct lithium extraction to make battery-grade lithium carbonate product samples from Angel Island's lithium-bearing claystone on-site at its Demonstration Plant in Amargosa Valley, Nevada. Angel Island is one of the few advanced lithium projects in development in the United States to provide an end-to-end process to produce battery-grade lithium carbonate for the growing electric vehicle and battery storage market. Angel Island is currently in the permitting stage for a three-phase feasibility-level production plan expected to yield an estimated life-of-mine average of 34,000 tonnes per year of carbonate over a 40-year mine-life. To learn more, please visit ON BEHALF OF CENTURY LITHIUM CORP. WILLIAM WILLOUGHBY, PhD., PE President & Chief Executive Officer NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. Cautionary Note Regarding Forward-Looking Statements This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook. Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans. These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at The Company expressly disclaims any obligation to update forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. SOURCE Century Lithium Corp.
