CENTURY LITHIUM PROGRESS ON PERMITTING AT ANGEL ISLAND

Core Insights - Century Lithium Corp. has made significant progress in the development of its Angel Island lithium project, including its inclusion in the FAST-41 Transparency Dashboard process and the completion of all required baseline environmental studies [1][4]. Group 1: Project Development - Angel Island's designation as a FAST-41 Transparency project indicates strong federal interest in enhancing domestic lithium supply and provides greater permitting certainty for stakeholders and future partners [2]. - The company secured $4.7 million through a LIFE offering to fund an updated Feasibility Study and ongoing permitting efforts for Angel Island [3]. - The updated Feasibility Study will optimize the lithium recovery process and support the Plan of Operations (PoO) for the NEPA process [3]. Group 2: Environmental Studies and Permitting - Century Lithium has completed all necessary environmental baseline studies, which cover biological, cultural, water, and land use resources, to initiate the NEPA permitting process [4]. - The completion of these studies is crucial for entering the NEPA review phase, positioning Angel Island for timely progression through the permitting process [4]. Group 3: Strategic Positioning - With the project included in the FAST-41 program, funding secured, and baseline studies completed, Century Lithium has reduced risks associated with Angel Island [5]. - The company is now focusing on the next critical steps in permitting to enhance Angel Island's visibility to strategic investors, offtake partners, and government funding opportunities [5]. Group 4: Project Overview - Angel Island is one of the few advanced lithium projects in the U.S. capable of producing battery-grade lithium carbonate, with an expected life-of-mine average production of 34,000 tonnes per year over a 40-year mine life [7].