Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) has announced a further amendment to the terms of its previously disclosed financing under the listed issuer financing exemption (LIFE). Under the updated terms, the company plans to raise a minimum of $1 million and up to $5 million through the sale of up to 16.67 million units priced at $0.30 per unit.
Q2 production was robust, with iron ore, copper, and bauxite tracking ahead, while key growth projects remain on schedule and within budget. Valuation remains attractive with Rio Tinto trades below the historical EV/EBITDA average. We believe the new CEO, Simon Trott, will pursue his mandate to unlock value through simplification and improved operational efficiency.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) announced that Alpha-En Corporation has successfully converted lithium carbonate from the company's Nevada project into battery-grade lithium-metal anodes. The lithium carbonate used in the conversion was produced at Century Lithium's wholly owned Angel Island project in Esmeralda County and processed at the company's Demonstration Plant in Nye County, also in Nevada.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) says it remains confident it will secure final approval for its Ewoyaa mining lease in Ghana, after the country's Lands Minister confirmed revised terms are being reviewed by Cabinet. Parliamentary ratification is the last step in the permitting process for what would become the country's first lithium mine.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) is making progress toward becoming a key domestic supplier of battery-grade lithium carbonate, and a recent collaboration highlights the company's momentum. First Phosphate, a Canadian developer of LFP battery materials, successfully used Century Lithium's lithium carbonate in the production of lithium iron phosphate (LFP) batteries—demonstrating real-world application of the Nevada-based company's process.
Patriot's Northern Quebec Project has the largest lithium pegmatite resource, by grade and tonnage, in the Americas. They have a resource estimate of 108.0 Mt at 1.40% Li2O Indicated and 33.3 Mt at 1.33% Li2O Inferred for a total of 4.84 Mt contained LCE (lithium carbonate equivalent). The long-term chart for Patriot Battery Metals shows that it greatly outperformed the sector during the 2022/2023 move higher. The share price went from $0.20 to highs around $13 per share.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) has congratulated First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) on successfully producing commercial-grade lithium iron phosphate (LFP) 18650 format battery cells using material from the company's Angel Island project. On Monday, First Phosphate annoucned that it had produced the battery cells using North American critical minerals, including lithium carbonate derived from Century's Angel Island project and produced at Century's Demonstration Plant in Nevada, the United States.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) said its appeal to enter the streamlined process for a Special Lithium Operating Contract for its Laguna Verde project was rejected by Chile's Ministry of Mines. It stated that the Ministry of Mines determined that CleanTech Lithium's application did not meet the specific technical thresholds to enter the streamlined process.
Electric vehicle (EV) battery producer QuantumScape Corp (NYSE:QS) is surging, up 43.5% to trade at $6.15, after revealing a successful integration of Cobra, an advanced separator for its baseline cell process.
China lithium carbonate spot prices and spodumene spot prices were lower the past month. Lithium market news - China's lithium-ion battery output up 68 pct YoY in Jan-April, 2025. Junior lithium miner company news - Galan Lithium A$20M placement to strategic partner at a 21% premium. Vulcan Energy Resources commences first new Phase One Lionheart geothermal energy-lithium well.
Global oversupply crushed lithium prices, yet SGML still has positive cash margins, thanks to the proprietary DMS technology and the lowest-quartile AISC. SGML's Phase 1 output hit 270 kt pa, and Q1 25 production met guidance. Also, Phase 2 seems largely funded by their BNDES loan. SGML can also stockpile concentrate, stagger Plant 2 spending, and lock in floor-price offtakes. So it has flexibility until prices recover, potentially by 2026.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) has laid out its priorities for the year ahead, centred on completing a key feasibility study, scaling up production from its pilot plant and securing government approval for its flagship lithium project in Chile. The company is also preparing to resume its plans for a dual listing in Australia, once the regulatory path is clarified.