Century Lithium owns 100% of the Clayton Valley Lithium Project (“Project”) totalling 5,585 acres in west central Nevada, USA. Exploration and development by Century led to the discovery of an extensive resource of lithium-bearing claystone, immediately adjacent to the lithium brine basin in the valley. The lithium resource is exposed at surface, sheltered from erosion by Angel Island, an outcrop of Cambrian metavolcanic and clastic rocks, protruding through the Pliocene lakebed sediments. At present, the Company is actively processing material from its lithium-bearing claystone deposit at its lithium extraction facility (“Pilot Plant” or “Plant”) in Amargosa Valley, Nevada. While moving toward the completion of a Feasibility Study and subsequent permitting, with the goal to become a domestic producer of lithium for the growing electric vehicle and battery storage market.
Well Advanced to Become a Long-Term, Low-Cost Lithium Producer
The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, USA, immediately east of Albemarle’s Silver Peak mine: North America’s only lithium brine operation.Pre-Feasibility Study
Clayton Valley Lithium Highlights
Internal Rate of Return (after tax)
Years of Mine Life
Average Annual Production of Battery- Quality Lithium Carbonate (Li2CO3)
Net Present Value (8%)