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In a major development that could reshape the U.S. lithium industry, Century Lithium has achieved a significant technological breakthrough at its Amargosa Valley Lithium Extraction Facility in Nevada, inside sources revealed to us. The companys stock responded dramatically to the news, surging 42.1% in Toronto trading by midday. The company has successfully integrated Amalgamated Researchs (ARi) proprietary adsorption-based Direct Lithium Extraction (DLE) technology, eliminating the need for recycle loops in the extraction process. This advancement, tested at both ARis Twin Falls facility and Centurys Pilot Plant, promises to deliver higher eluate grades while significantly reducing operating costs. The spokesperson of Century Lithium CEO, Bill Willoughby shared his perspective on the breakthrough: The enhanced process efficiency could substantially lower both capital and operating costs at Angel Island, positioning us as a key player in the U.S. lithium supply chain, he stated. It also indicates that this development could accelerate the timeline for full-scale production. The investigation reveals that Century Lithium is now pivoting its Pilot Plant operations from research and development to demonstration mode, a strategic shift that will facilitate targeted testing with potential partners while reducing operational expenses. The company continues to process its backlog of lithium solutions into battery-grade lithium carbonate, maintaining momentum toward commercial production. In a related development, industry insiders disclosed that Century Lithium has secured a non-binding MOU with Orica Specialty Mining Chemicals for potential sodium hydroxide offtake, a by-product of the lithium extraction process. This agreement, if finalized, would create an additional revenue stream, further enhancing the projects economic viability. This is one of the few advanced lithium projects in the United States, and these technological improvements could significantly impact domestic supply chains, media reports said. The engineering team at Century Lithium continues to refine various aspects of the project, including mining, leaching, filtration, DLE, and lithium carbonate processing. Data from the Pilot Plant will be crucial in optimizing designs for full-scale construction, with the goal of establishing Angel Island as a cornerstone of U.S. lithium production. This technological milestone represents a significant step forward in Century Lithiums journey to become a major player in the domestic lithium market, with implications for both the electric vehicle industry and U.S. energy independence. |
