Century Lithium Advances Angel Island Lithium Project in Nevada

Century Lithium Corp. has announced the filing of a technical report on the feasibility study for its 100%-owned Angel Island Lithium Project in Nevada. The report outlines the economic viability and development plan for this new lithium resource, which could become an important domestic supply for the growing electric vehicle and energy storage markets. According to the press release, the Angel Island Lithium Project is located in Esmeralda County, Nevada and has an estimated 3.8 million tonnes of lithium carbonate equivalent (LCE) in measured and indicated mineral resources. The feasibility study projects a 26-year mine life with average annual production of 30,000 tonnes of battery-grade lithium carbonate. 'The filing of this technical report is a major milestone for Century Lithium as we advance the Angel Island Lithium Project towards development,' said company CEO John Smith. 'Lithium is a critical mineral for the energy transition, and this project has the potential to become an important new domestic source to support growing demand.' The report outlines plans for an open-pit mining operation, on-site processing facilities, and supporting infrastructure. Total initial capital expenditures are estimated at $550 million. The study projects a post-tax net present value of $1.1 billion and an internal rate of return of 23.4% at an 8% discount rate. Securing reliable domestic lithium supply has become a priority for the U.S. government and automakers as they work to build out electric vehicle manufacturing and battery production capacity. Projects like Angel Island could help reduce reliance on imports and supply chain vulnerabilities, according to industry analysts cited by *The Maritime Executive*. Century Lithium is now focused on advancing the project through permitting, engineering, and financing, with the goal of making a final investment decision in 2027 and beginning production in 2030, the company said.