Century Lithium Corp.[TSXV-[TSXV-LCE; OTCQX; CYDVF; FSE-C1Z]reported that the Feasibility Study on the business’s Clayton Valley Lithium Project in Nevada, USA, under the instructions of Wood PLC and Global Resource Engineering Ltd., is presently under evaluation by the Qualified Persons, and the business expects its statement imminently.
To date, the business’s Feasibility Study group has actually modified and upgraded price quotes for a phased production technique at the job. These modifications likewise consisted of evaluation and assessment of the financial advantage of sales of the surplus salt hydroxide produced by the chlor-alkali plant.
The business’s Lithium Extraction Facility (Pilot Plant) in Amargosa Valley, Nevada is now in its 3rd year of evaluating the processing of lithium-bearing claystone from the job. All information gathered has actually been necessary to the Feasibility Study.
Century Lithium continues to pursue allowing the job consisting of the collection of standard information collection for biology, surface area and groundwater hydrology, and social effects. Previously this year, standard reports were sent by the business’s experts and were accepted by the proper federal government firms. Numerous reports have actually been finished which will assistant in the preparation of a Plan of Operations to start the National Environmental Policy Act (NEPA) procedure.
Century Lithium (previously Cypress Development Corp.) is a sophisticated phase lithium business, concentrated on establishing its 100%-owned Clayton Valley Lithium Project in west-central Nevada. Century Lithium is presently in the pilot phase of screening on product from its lithium-bearing claystone deposit at its Lithium Extraction Facility in Amargosa Valley, Nevada and advancing towards finishing a Feasibility Study and allowing, with the objective of ending up being a domestic manufacturer of lithium for the growing electrical car and battery storage market.