- Expediency Research study continues with deal with alternatives for a phased method to production
- Market research study on salt hydroxide as merchantable spin-off to be consisted of in the Expediency Research Study
Throughout the year, Century Lithium stayed concentrated on the advancement of its Clayton Valley Lithium Job. The work consisted of continuous screening of lithium extraction at the Pilot Plant and continuing deal with the Expediency Research Study for the Job, with evaluations of capital and running expense quotes with specialists Wood PLC, Global Resource Engineers, thyssenkrupp nucera U.S.A., Saltworks Technologies Inc., and WSP U.S.A. Environment & & Facilities Inc. This extensive research study covers all locations of the lithium extraction procedure from shallow surface area mining of lithium-bearing clay to on-site production of battery-grade lithium carbonate. Target production for the research study follows that of the task’s earlier Pre-Feasibility Research study, which was based upon a mill feed of 15,000 tonnes daily and typical yearly output of 27,000 tonnes each year of lithium carbonate equivalent.
To date, the Business has actually dealt with its Expediency Research study group to modify and upgrade quotes based upon optimization. Offered volatility in the lithium market, the Business is taking a look at a phased method to complete scale production to offer potential celebrations with a lower threat option in funding. The Business is dealing with its specialists to figure out practical stages and underlying schedules.
The scope of the Job is multi-faceted in its method to processing, and consists of clay leaching and purification, ion-exchange based direct lithium extraction (” DLE”) from leach services, and the production of battery-grade lithium carbonate from the DLE item services by means of concentration, filtration, and rainfall. The procedure is driven by in your area sourced salt chloride salt water (salt option) which is dealt with by electrolysis in a chlor-alkali plant to produce all the seeping and neutralization reagents needed for the procedure on-site.
In the operation of the chlor-alkali plant, the reducing the effects of reagent created is salt hydroxide, likewise frequently called lye, caustic soda, or just caustic. In the plant, salt hydroxide is produced as a spin-off of the generation of the seeping reagent, hydrochloric acid, in a quantity that is somewhat higher than the production of hydrochloric acid. The acid and base are both produced in liquid kind at Suite 1610 – 777 Dunsmuir Street, Vancouver, BC V7Y 1K4 Canada concentrations in the series of 30-37%, The hydrochloric acid is totally made use of in the seeping procedure. Salt hydroxide is utilized at different points in the operation for neutralization and elimination of pollutants. Pilot plant screening has actually revealed a considerable quantity of the salt hydroxide will be surplus to the production procedure and for that reason offered as a spin-off for possible sale. The western United States is mostly depending on imports of this vital chemical for water treatment and other commercial usages. A market research study, to be included in the Expediency Research study, acknowledges the capacity for income from salt hydroxide sales, taking advantage of the requirement for a domestic supply of salt hydroxide.
In order to effectively examine the options and integrate financial advantages of spin-off sales, explained above, the Business expects conclusion of the Expediency Research Study in Q1 2024.
Certified Individual
Todd Fayram, MMSA-QP and Senior Vice President, Metallurgy of Century Lithium is the certified individual as specified by National Instrument 43-101 and has actually authorized the technical details in this release.
About Century Lithium Corp.
Century Lithium Corp. (previously Cypress Advancement Corp.) is a sophisticated phase lithium business, concentrated on establishing its 100%- owned Clayton Valley Lithium Job in west-central Nevada, U.S.A.. Century Lithium is presently in the pilot phase of screening on product from its lithium-bearing claystone deposit at its Lithium Extraction Center in Amargosa Valley, Nevada and advancing towards finishing an Expediency Research study and allowing, with the objective of ending up being a domestic manufacturer of lithium for the growing electrical automobile and battery storage market.
ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & & President
For additional details, please contact:
Spiros Cacos|Vice President,
Financier Relations Direct: +1 604Â 764Â 1851
Toll Free: 1 800Â 567Â 8181
[email protected] centurylithium.com
NEITHER THE TSX ENDEAVOR EXCHANGE NOR ITS POLICY COMPANIES ACCEPTS DUTY FOR THE ADEQUACY OR PRECISION OF THE MATERIAL OF THIS PRESS RELEASE. Suite 1610 – 777 Dunsmuir Street, Vancouver, BC V7Y 1K4 Canada 2
Cautionary Note Concerning Forward-Looking Statements
This release consists of particular declarations that might be considered to be “positive declarations”. Positive declarations undergo threats, unpredictabilities and presumptions and are recognized by words such as “anticipates,” “quotes,” “jobs,” “expects,” “thinks,” “could,” “set up,” and other comparable words. All declarations in this release, aside from declarations of historic truths, that address occasions or advancements that management of the Business anticipates, are positive declarations. Although management thinks the expectations revealed in such positive declarations are based upon affordable presumptions, such declarations are not warranties of future efficiency, and real outcomes or advancements might vary materially from those in the positive declarations. The Business carries out no commitment to upgrade these positive declarations if management’s beliefs, quotes or viewpoints, or other elements, need to alter. Elements that might trigger real outcomes to vary materially from those in positive declarations, consist of market value, expedition, and advancement successes, continued accessibility of capital and funding, and basic financial, market or organization conditions. Please see the general public filings of the Business at www.sedar.com for additional details.