Curated News
By: NewsRamp Editorial Staff
April 30, 2024
Century Lithium Unveils Promising Feasibility Study Results for Clayton Valley Lithium Project
TLDR
- Century Lithium's Feasibility Study reveals a projected annual output of 34,000 tonnes of battery-grade lithium carbonate, providing a competitive advantage in the lithium market.
- The comprehensive 43-101 Feasibility Study demonstrates the project's viability with a 40-year mine life, low operating costs, and strong financial metrics.
- Century Lithium's project offers the potential to contribute to a sustainable future by providing a reliable source of battery-grade lithium carbonate for the renewable energy industry.
- The extensive testing and analysis at Century Lithium's Pilot Plant have resulted in a compelling future for the Clayton Valley Lithium Project, making it an exciting development in the renewable energy sector.
Impact - Why it Matters
The promising outcomes of Century Lithium's Feasibility Study on the Clayton Valley Lithium Project indicate a bright future for the company and the industry. The study's findings suggest a significant potential impact on the lithium market, with the project's viability and financial strength positioning Century Lithium as a key player in the production of battery-grade lithium carbonate. This news is relevant to investors, stakeholders, and anyone interested in the future of sustainable energy solutions.
Summary
Century Lithium CEO Bill Willoughby discussed the promising results of the company's extensive Feasibility Study on its flagship Clayton Valley Lithium Project in Nevada. The study suggests a bright future for the project, with a proposed three-phase production plan set to yield an average annual output of 34,000 tonnes of battery-grade lithium carbonate. The project's viability is supported by a Mineral Resource Estimate of 1,207.33 million tonnes, boasting an average grade of 957 parts per million lithium.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Century Lithium Unveils Promising Feasibility Study Results for Clayton Valley Lithium Project
