CENTURY LITHIUM REPORTS LATEST DEVELOPMENTS AT ANGEL ISLAND LITHIUM PROJECT, NEVADA

Core Viewpoint - Century Lithium Corp. is making significant progress in the development of its Angel Island lithium project, which is expected to enhance domestic lithium production and create jobs in the U.S. [2][4] Project Development - The Angel Island project is one of the largest sediment-hosted lithium resources in the U.S., with a focus on converting lithium-bearing claystone into battery-grade lithium carbonate using a patent-pending chlor-alkali extraction technology [3][9]. - The company has completed all baseline work necessary for the Plan of Operations (PoO), which will initiate the federal permitting process [4]. Feasibility Study - An update to the 2024 Feasibility Study is underway, focusing on optimizing the mine plan and reducing operating costs through improved fluid management and Direct Lithium Extraction (DLE) design [6][9]. - The project aims to produce an average of 34,000 tonnes per year of lithium carbonate over a 40-year mine life [9]. Infrastructure and Relocation - The Demonstration Plant has been relocated to a 20-acre site at Tonopah Airport, which will enhance the company's research and development capabilities [5]. - The electrical infrastructure is planned to connect to NV Energy's Greenlink West transmission project, facilitating energy supply for operations [6].