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Century Lithium's Strategic Update on Angel Island

Century Lithium Corp. has made significant strides with its lithium project, Angel Island, located near Silver Peak, Nevada. The project, which is entirely owned by the company, is increasingly seen as pivotal in establishing a domestic supply chain for lithium, crucial for battery production used in electric vehicles (EVs) and energy storage systems. With recent executive orders from the Biden administration prioritizing domestic mining of critical minerals, Century Lithium is well-positioned to contribute to this initiative.

Strategic Importance of Angel Island

Bill Willoughby, the President and CEO of Century Lithium, has expressed the company’s readiness to support the production of lithium products domestically. He stated, “Century Lithium is uniquely prepared to contribute to a domestic solution for lithium products at Angel Island.” This comment underscores the increasing relevance of the company’s ambitions as the demand for lithium surges due to the growing electric vehicle market and the need for sustainable energy solutions.

The Angel Island project is recognized not only for its potential to supply lithium carbonate for battery production but also as a solution to advancing national energy independence. The project is equipped with a demonstration plant that uses patented technology for direct lithium extraction, aimed at producing battery-grade lithium carbonate efficiently.

Recent Developments on Permitting and Environmental Studies

Recently, Century Lithium officials held discussions with the Nevada State Office of the Bureau of Land Management (BLM) regarding the implications of the executive orders on their permitting efforts. The company is working through essential environmental studies and has made progress towards finalizing the Mine Plan of Operations (PoO). The PoO is a critical document that outlines the operational plan for lithium extraction and production.

Approval of the PoO from BLM will be a milestone, leading to the determination of the necessary level of National Environmental Policy Act (NEPA) analysis. Depending on the outcomes, this could involve either an environmental assessment or a more thorough environmental impact statement. Century Lithium has noted the collaborative relationship with BLM during these discussions, which is considered vital for the company’s ongoing efforts to attain permitting approvals.

Future Prospects for Lithium Supply

The Angel Island project is one of the few advanced lithium mining projects within the United States, and it is projected to operate under a three-phase feasibility plan, ultimately targeting an average production rate of 34,000 tonnes of lithium carbonate per year over a 40-year mine lifespan. This long-term vision positions Angel Island as a substantial contributor to meeting the United States' growing lithium needs, especially as demand for EVs and renewable energy technologies accelerates.

In summary, as Century Lithium progresses with its Angel Island project, the company is not only setting itself up for commercial success but also playing a significant role in the broader national strategy of fortifying domestic resources of critical minerals. With the increasing emphasis on environmental responsibility and sustainable practices, projects like Angel Island represent a promising step forward in achieving energy independence while supporting the transition to a more sustainable energy landscape.

For further updates and details on their progress, interested parties can visit Century Lithium's website.

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About Century Lithium Corp.

Century Lithium Corp. is at the forefront of lithium extraction, focusing on its flagship Angel Island project, which harbors one of the United States' largest sedimentary lithium deposits. The innovative methods employed at the site facilitate not just the extraction, but also the production of lithium carbonate of battery-grade quality.