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Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. It is focused on being a domestic producer of lithium for the electric vehicle and battery storage market. The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, United States, immediately east of Albemarle’s Silver Peak mine.


TSXV:LCE - Post by User

Post by on-targeton Sep 03, 2024 2:08pm
491 Views
Post# 36206590

Key points on LCE new PR

Key points on LCE new PR. Assays received for five individual lots of lithium carbonate produced during the initial startup indicated purity of the lithium carbonate (Li2CO3) as high as 99.2%.

LCE  President and CEO Bill Willoughby said: “Lithium carbonate greater than 99.5% purity is typically considered battery grade. These results show we are close and have identified steps to improve further.

Over the five lots treated, the purity of the final lithium carbonate increased in each test to a high of 99.2%. Calcium and magnesium were identified as the primary non-lithium constituents.

Review of the operation in the Pilot Plant of the five test lots revealed an equipment defect is believed responsible for the calcium and magnesium levels. (IMO,this gave us 99.2% that's lower than the 99.5% needed to be battery grade lithium) We will get there.

The Company expects that these impurity levels will be reduced in further testing.

"For an initial run, these results are very encouraging," said President and CEO Bill Willoughby.

Century continues work at the Pilot Plant, focusing on design and engineering that will support reduced capital requirements in the overall process.

https://stockhouse.com/news/press-releases/2024/09/03/century-lithium-reports-on-lithium-carbonate-from-pilot-plant


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