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Century Lithium ( (TSE:LCE) ) just unveiled an announcement.
Century Lithium has implemented successful process improvements at its Angel Island project and Lithium Extraction Facility in Nevada, in collaboration with Amalgamated Research, LLC. These enhancements are expected to reduce capital and operating costs, with a shift in focus from research to demonstration at the Pilot Plant. This strategic move aims to attract potential partners and optimize lithium carbonate production. Additionally, a non-binding Memorandum of Understanding with Orica Specialty Mining Chemicals indicates a potential multiyear offtake agreement for sodium hydroxide, further supporting Century Lithium’s cost-efficient production model.
More about Century Lithium
Century Lithium Corp. operates in the lithium extraction industry, focusing on advanced lithium projects in the United States. The primary product is lithium, and the company is committed to enhancing its market position through projects like Angel Island in Nevada.
YTD Price Performance: -6.67%
Average Trading Volume: 46,007
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$41.86M
For a thorough assessment of LCE stock, go to TipRanks’ Stock Analysis page.
