Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) earlier this week unveiled plans for a standalone 300-ton-per-day chlor-alkali plant aimed at addressing what the company sees as a supply gap in the western United States. CEO Bill Willoughby told Proactive that the proposed operation would be separate from the plant incorporated into Century Lithium's feasibility study for Angel Island, although the company would draw on knowledge gained through that work.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) is advancing plans for a chlor-alkali plant that could become an independent revenue-generating asset complementing the company's longer-term lithium and US critical minerals strategy, according to a new note from Noble Capital Markets. The proposed commercial-scale merchant plant, to be built in the Western United States, would produce chlorine, hydrochloric acid, and sodium hydroxide from sodium chloride, water, and electricity.
Elevra is restructuring commercial arrangements post-merger, aiming to capture more economic upside from North American Lithium production. Improved contract terms and staged expansion at NAL are expected to enhance margins and operational flexibility, independent of lithium price movements. Despite attractive valuation metrics (EV/EBITDA of 3.59x and price-to-book of 1.18x), consistent cash generation and disciplined capital allocation remain critical for investment viability.
| Metals & Mining Industry | Materials Sector | Thomas Lewis CEO | LSE Exchange | 536804107 CUSIP |
| US Country | 1 Employees | - Last Dividend | 16 Oct 2009 Last Split | - IPO Date |
Lithium Corporation is an exploration stage mining company focused on the identification, acquisition, and exploration of metal and mineral assets primarily located in Nevada and British Columbia. The company takes a keen interest in exploring a wide range of minerals, including lithium, boron, potassium, graphite, gold, and silver, alongside titanium and rare earth elements. Initially known as Utalk Communications Inc., the organization underwent a rebranding in September 2009 to better reflect its focus and changed its name to Lithium Corporation. Founded in 2007, the company is strategically headquartered in Elko, Nevada, positioning itself in proximity to some of its major exploration sites and projects in the United States.