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CENTURY LITHIUM ANNOUNCES POSITIVE RESULTS FROM OPTIMIZATION PROGRAM AT ANGEL ISLAND LITHIUM PROJECT, NEVADA
Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to announce that the Company has completed its initial internal, non-independent review, optimization work, and studies ("Optimization Study") related to the estimated capital ("CAPEX") described in the NI 43-101 Technical Report on the Feasibility Study of the Clayton Valley Lithium Project (now known as Angel Island), Nevada, USA, dated April 29, 2024 ("Feasibility Study"). The Opt
About this update from Century Lithium Corp
[{"type":"text","content":"VANCOUVER, BC, Feb. 24, 2025 /PRNewswire/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to announce that the Company has completed its initial internal, non-independent review, optimization work, and studies ("Optimization Study") related to the estimated capital ("CAPEX") described in the NI 43-101 Technical Report on the Feasibility Study of the Clayton Valley Lithium Project (now known as Angel Island), Nevada, USA, dated April 29, 2024 ("Feasibility Study"). The Optimization Study identified potential cost reductions of up to 25% of CAPEX on its initial Phase 1 CAPEX of $1.581 billion.","length":726,"tagName":"p"},{"type":"image","alt":"Century Lithium Announces Positive Results from Optimization Program at Angel Island Lithium Project, Nevada (CNW Group/Century Lithium Corp.)","displaySize":"","headline":null,"caption":"Century Lithium Announces Positive Results from Optimization Program at Angel Island Lithium Project, Nevada (CNW Group/Century Lithium Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":160,"url":"https://media.zenfs.com/en/prnewswire.com/182b550b0fe8f7b4c5379e8603b3bc06"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cdCxXeCWVwfZwuq4nidLlg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI4MjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/182b550b0fe8f7b4c5379e8603b3bc06","width":400,"height":160}},"href":"https://mma.prnewswire.com/media/2625811/Century_Lithium_Corp__CENTURY_LITHIUM_ANNOUNCES_POSITIVE_RESULTS.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Optimization Study highlights leading to the CAPEX reductions:","length":62,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Reduced capital costs through changes in flow sheet, equipment selection and updated vendor quotes in the processing areas of filtration, Direct Lithium Extraction ("DLE") and the chlor-alkali plant","length":208,"tagName":"p"}]},{"val":[{"type":"text","content":"Internal evaluation of the estimated engineering and construction plans to identify areas of overlap and locations within the plan where modifications of site facilities and elimination of redundancies and inefficiencies can streamline the process fro...