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Gold & silver

Century Lithium achieves repeat production of high-purity lithium carbonate at Clayton Valley project

Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) said it has repeated the production of high-purity lithium carbonate grading 99.87% using lithium-bearing claystone from its Clayton Valley lithium project in Nevada.

"These results are in line with those we reported in September 2022, when we achieved a significant milestone in making lithium carbonate grading 99.94%," said Century Lithium CEO Bill Willoughby in a statement.

"The latest results confirm our ability to obtain a high-purity lithium product with a low level of impurities from our claystone process."

Several kilograms of lithium carbonate were made from the intermediate lithium solutions generated in January at Century Lithium’s lithium extraction facility pilot pant in Amargosa Valley, Nevada.

After leaching and direct lithium extraction were carried out at the pilot plant, the solutions were shipped to Saltworks Technologies for final processing.

The company also updated investors on its Feasibility Study of the project, which began in February 2022.

Century Lithium said that major areas of the study have been completed and estimates for capital and operation costs have been received, along with evaluating further optimization and opportunities for cost reductions.

This optimization work will extend beyond the previously estimated completion date of the study, the middle of the year. The company said it would provide updates on the study in due course.

Century Lithium is an advanced-stage lithium company, focused on developing its 100%-owned Clayton Valley lithium project in west-central Nevada, USA.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on Twitter @emilyjjarvie

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