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Gold & silver

Century Lithium to collaborate with Koch Technology Solutions to apply Li-Pro for direct lithium extraction at Nevada facility

Century Lithium Corp, formerly Cypress Development, announced it is collaborating with Koch Technology Solutions (KTS), a Koch Engineered Solutions (KES) company, in the application of the Li-Pro process for direct lithium extraction (DLE) at Century's Lithium Extraction Facility in Nevada.

The advanced-stage lithium company said KTS will also provide engineering design and costs for the full-scale DLE portion of the processing plant for Century Lithium's Project.

“Century Lithium's collaboration with KTS and KES has been productive, and we look forward to working together as we broaden our relationship,” Century Lithium CEO Bill Willoughby said in a statement.

READ: Cypress Development Corp to be renamed as Century Lithium Corp

“Our DLE process in the Pilot Plant is performing very well and we are excited to work with Koch as we advance the Project,” Willoughby added.

The company noted the Li-Pro process is independent from the Project's ongoing Feasibility Study and will begin upon delivery of KTS equipment to the Pilot Plant.

Century added that it will fund the study, installation, and operation of the equipment at the Pilot Plant, and KTS will provide training and technical support.

In March 2022, Century Lithium purchased a license to the Lionex DLE process and KTS subsequently acquired exclusive rights to the Lionex technology, which has been integrated into KTS' Li-Pro process, according to the company.

Century Lithium is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada.

The company is currently in the pilot stage of testing on material from its lithium-bearing claystone deposit at its Lithium Extraction Facility in Amargosa Valley, Nevada and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

Contact Sean at sean@proactiveinvestors.com

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