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Century Lithium Corp. V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium is an advanced stage lithium exploration company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. The company’s world-class resource of lithium-bearing claystone is processed at its lithium extraction facility in Amargosa Valley, Nevada. Century Lithium is working towards completion of a Feasibility Study and subsequent permitting with the goal to become a domestic producer of high-purity lithium carbonate.


TSXV:LCE - Post by User

Bullboard Posts
Comment by TokenTraderon Sep 06, 2018 7:05pm
105 Views
Post# 28575911

RE:LOL

RE:LOLGreat PEA if it happens. At the moment, not saying in the future there won't be, there are no clay formation/lithium mines in production around the globe. The price of lithium, and it very well may, needs to be much higher, for a scalable large clay lithium mine.

The piping of water will require a lot of permits, if they can get them. First and foremost, the company will need water-rights, or get them from someone who has them. Not an easy task, or done in a short time period.

Aberrmarle, multi-billion dollar company, who have water rights, may be interested in the resource down the road, if it becomes cheaper to produce clay formation lithium, rather than shipping lithium from Chile/Argentina. Again, price of lithium will dictate the development of clay lithium. Price of lithium and water-rights are the big question mark here moving forward.


Bullboard Posts