CENTURY LITHIUM'S ANGEL ISLAND ADDED TO FAST-41 TRANSPARENCY STATUS
"The addition of
"I am excited to welcome Century Lithium
Key highlights of the Angel Island Lithium Project:
- Angel Island hosts one of the largest sedimentary lithium deposits in
the United States - One of a few advanced lithium projects in development in
the United States to provide an end-to-end process to produce battery-grade lithium carbonate - Angel Island's Feasibility Study estimates one of the lowest operation costs in
North America (OPEX of$2,833 /t), due to its unique process, deposit chemistry, and sodium hydroxide (caustic soda) by-product sales - Uses an innovative and sustainable chloride-based leach process to extract the lithium from the claystone coupled with Direct Lithium Extraction
ABOUT THE PERMITTING COUNCIL AND FAST-41 PROJECTS
Established under Title 41 of the Fixing America's Surface Transportation Act (FAST) Act (known as FAST-41) in 2015, the
Projects that meet the eligibility requirements to become FAST-41 Covered Projects receive many benefits, including a coordinated permitting timetable and active project management by the
FAST-41 Transparency Projects are projects directed by the Executive Director to be posted on the Federal Permitting Dashboard, a public online resource for information on FAST-41 projects and the Environmental Review and Permitting process. More information on FAST-41 projects can be found on the Federal Permitting Dashboard at permits.performance.gov.
ABOUT
Angel Island is one of the few advanced lithium projects in development in
To learn more, please visit centurylithium.com.
ON BEHALF OF CENTURY LITHIUM CORP.
President & Chief Executive Officer
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding Forward-Looking Statements
This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.
Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the ability to complete a fundraising, potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.
These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at www.sedarplus.com. The Company expressly disclaims any obligation to update-forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
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