Article

Century Lithium Corp. announces an updated feasibility study for the Angel Island lithium project in Nevada, reporting an after-tax NPV of $4.01 billion based on lithium carbonate prices of $24,000 per ton. The project is expected to have average operating costs of $4,389 per ton of lithium carbonate.

The study outlines a two-phase development plan, starting with an initial throughput of 7,500 tons per day, expanding to 15,000 tons per day. Proven and probable mineral reserves are estimated at 287.65 million tons with 1,149 ppm lithium, supporting a mine life of over 60 years.