Century Lithium Corp. V.LCE

Alternate Symbol(s): CYDVF

Metals & Mining Industrial Metals & Minerals

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

Century Lithium Corp. > This is unbelievable!!! And so good for us!!

<< Previous

Bullboard Posts

Next >>

Comment by LithiumFutureon Jul 05, 2020 12:22pm

230 Views

Post# 31225889

RE:RE:This is unbelievable!!! And so good for us!!

My understanding is that this has only been introduced. And yes, this would be very good news assuming it can get through committees and both Houses and passed and signed into law before the election which is just under 4 months away. Many Congressmen and Senators are up for re-election and they are already preoccupied with campaigning... and then there is the summer recess. I'm not so sure that this can get passed before the election. If the Democrats win, as the polls predict today, this may not pass or look very different if it is passed. Once again, this would be great for us, but it's too early to count our chickens. Good luck all longs

Greenbills wrote:

What Does The Recent U.S. ORE Act Mean For Investors In Rare Earths And Battery Metals?

Summary

A look at two newly introduced US critical materials Acts: The US 'onshoring rare earths' [ORE] Act and the American Critical Mineral Exploration and Innovation Act.

The ORE Act covers six key critical materials - rare earths, scandium, lithium, cobalt, graphite, and manganese. It supports buyers of rare earths and miners, both from US deposits only.

A look at companies with the ORE Act's six critical materials and with deposits in the USA only.
-
-
-
-
-

Conclusion

Recent bills submitted to the US Government have focused on the US government supporting US based critical material projects. The most likely beneficiaries are rare earths (including scandium) and battery materials (lithium, cobalt, graphite, and manganese).

For now my top picks would be Rare Element Resources, NioCorp Developments, Cypress Development Corp., Jervois Mining, First Cobalt and Westwater Resources. First Cobalt would be my number one pick due to their low valuation and near term refinery production potential (with Glencore ore); and later complemented by their own US and Canada cobalt projects.

Feel free to mention any companies I may have overlooked in the comments section below. As usual all comments are welcome.

Wow I think we're looking extremely good, hopefully Cypress is aware of this.This article will provide weekend reading, can be read at the following link -

https://seekingalpha.com/article/4356506-what-recent-u-s-ore-act-mean-for-investors-in-rare-earths-and-battery-metals

Enjoy.