Opportunity with lithium in Nevada
The lithium developer in Nevada with major near-term catalysts, Century Lithium.
There are five development-stage lithium companies in Nevada. Century Lithium Corp. (CYDVF:OTCQX; LCE:TSX.V) is developing the third most advanced project in Nevada.
Their Clayton Valley Project holds one of the largest lithium resources in North America, has water rights, proven processing tech, and has repeatedly produced lithium carbonate with battery-grade purity of 99.94%.
Century Lithium has a low market cap and share price, and has not accepted a deal with an EV or battery company.
The company's feasibility study is targeted to be announced later this year. Prefeasibility was updated in March 2021, and is highly positive. It assumed a price of lithium carbonate of $9,500/tonne. Today's long-term price, the contracted price, for lithium carbonate is between $24,000 and $30,000.
Century Lithium is generating tremendous economic potential in Nevada.
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© 2023, All Rights Reserved. Natural Resource Investor is a client-sponsored publication. Century Lithium Corp. pays monthly fees to an associated company. Safe harbor provisions apply as per the company's website.
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