Century Lithium Corp
Promotional Strapline: The right commodity. The right stage. The right jurisdiction.
Primary Ticker: TSXV:LCE, OTCQX:CYDVF
Stage of Development: Development
Primary Minerals: Lithium
Country / Region: United States
Market Cap 70M
Project Locations: Nevada, USA
Website: Century Lithium Corp
Century Lithium Corp. is an advanced-stage lithium development company focused on its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. Angel Island hosts one of the largest known sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery storage markets. The Company has developed a patent-pending process that incorporates hydrochloric acid leaching combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the integrated chlor-alkali process, Angel Island is engineered to produce sodium hydroxide as a co-product, with planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents, and minimize environmental impacts. Century Lithium is currently advancing Angel Island through the permitting process.
Management Profile
William Willoughby, PhD, PE – President, Chief Executive Officer & Director
Dr. Willoughby is a mining engineer with over 40 years of experience in all aspects of natural resources development. Since 2014, he has been principal and owner of consulting firm Willoughby & Associates, PLLC. Prior to that, he was President and COO of International Enexco Ltd., which was acquired by Denison Mines in 2014. He previously held various positions with Teck (Cominco). Dr. Willoughby has been a Professional Engineer since 1985 and received his Doctorate in Mining Engineering & Metallurgy from the University of Idaho in 1989.
Spiros Cacos, MA – Vice President, Investor Relations
Mr. Cacos brings over 25 years of investor relations experience with public mining companies across all stages of development, from early-stage exploration through to production. Most recently, he served as Vice President, Investor Relations for First Mining Gold, a Canadian gold development company listed on the TSX and OTCQX, where he supported the advancement and permitting of the Springpole Gold Project, one of the largest undeveloped gold projects in Canada. Prior to that, Mr. Cacos served as Vice President, Investor Relations for Group Eleven Resources Corp., a mineral exploration company focused on advanced-stage zinc exploration in Ireland, and as Director of Investor Relations for Great Panther Mining Limited, a primary silver mining company listed on the TSX and NYSE with two mining operations in Mexico. Mr. Cacos holds a Master's degree in International Relations and Diplomacy from Schiller International University in Paris, France, and a Bachelor of Arts from Simon Fraser University in British Columbia, Canada.
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Submit our final Plan of Operations, kick off NEPA permitting, and complete construction of our new Demonstration Plant, bringing Angel Island one step closer to commercial production.
6 Months:
Advance toward a Conditional Commitment through the U.S. Department of Energy's (DOE) Loan Programs Office under the Title 17 Clean Energy Financing program, and secure a Notice of Award from the Department of Defense for project grants, validating Angel Island as a project of national significance.
12 Months:
Bring in a strategic partner to accelerate project financing and position the Company for the next phase of development at one of the largest lithium projects in the United States.
What do you think makes your company such a compelling investment?
Century Lithium offers investors a rare combination of scale, economics, and strategic positioning: Angel Island is one of the largest lithium deposits in the United States, with a 60+ year mine life and a clear path to production. Our recently updated Feasibility Study delivered an after-tax NPV of $4.01 billion, a 27.4% IRR, and among the lowest operating costs of any lithium project globally at $4,389 per tonne — with processing costs of just $2,766 per tonne. We are one of the few advanced-stage projects in the U.S. offering a fully integrated, end-to-end process to produce battery-grade lithium carbonate on site, utilizing our patent-pending chloride leaching process combined with Koch Technology Solutions' Direct Lithium Extraction (DLE) via Li-PRO. The project is strategically located in Nevada, immediately adjacent to Albemarle's Silver Peak, North America's only operating lithium brine facility, with secured water rights already in place. At a time when the U.S. is prioritizing domestic critical mineral supply chains, Angel Island stands out as one of the most compelling lithium development opportunities in the country.
