1 day ago Resource World
In addition, Willoughby notes that the chlor-alkali plant will generate significant quantities of surplus sodium hydroxide for sale and these surplus amounts have the potential to represent a major offset to the project’s operating costs. “When you factor that in” says Willoughby, “our estimated operating costs have the potential to come in at the low end of the cost curve,
possibly as low as the operating costs for producing lithium from brine.”
The permitting process is time-consuming requiring baseline work and collaboration with local and federal agencies. “We’ve completed most of our baseline work and are now working with local and federal agencies on finishing items related to our plan of operations,” Willoughby explained.
https://resourceworld.com/the-strategic-vision-behind-century-lithium/ By Robert Simpson
In the rapidly evolving world of critical metals, particularly lithium, Century Lithium [LCE-TSXV; CYDVF-OTCQX; C1Z-Frankfurt] has emerged as a significant player, particularly due to its early moves in Clayton Valley, Nevada. This article, based on an interview with President and CEO Dr. William (Bill) Willoughby who explains Century Lithium’s strategic decisions, technological innovations, and the challenges they face as they navigate the complexities of lithium extraction and broader market dynamics.
Century Lithium first began acquiring property in Clayton Valley in early 2016, a period when the market was just beginning to recognize the critical importance of metals like lithium. This foresight placed Century Lithium ahead of the curve, acquiring properties in Clayton Valley just as the global focus on critical metals was beginning to sharpen. This strategic move allowed the company to position itself effectively, with 2,286 hectares of property in Esmeralda County, Nevada, and led to the discovery of an extensive resource of lithium bearing claystone.
Reflecting on the timing of their entry, Willoughby noted, “That was at an early point in the lithium boom. All the attention in Clayton Valley was on lithium brines, including Century. In a stroke of good fortune, the Company discovered it was sitting on one of the largest lithium claystone deposits in the U.S. Owing to its location and other factors, our deposit, which is named Angel Island after a prominent topographical feature on the property, gives us a significant strategic advantage towards its development.” .....
In Bill Willoughby's, opinion LCE future looks GREAT!!!
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