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CENTURY LITHIUM ANNOUNCES BOARD CHANGES AND ADDITION TO SENIOR MANAGEMENT

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Monday, May 29, 2023

Lithium, Mineral, Senior, General counsel, Metallurgy, Audit committee, Mineral processing, Mining, Chairperson, Century, Knowledge, LCE, Chair, Master, Management, Science

On behalf of the Board and management, we thank her for her dedicated service to the Board of Directors and the Company and wish her well in her new endeavor."

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On behalf of the Board and management, we thank her for her dedicated service to the Board of Directors and the Company and wish her well in her new endeavor."
"Serving Century Lithium as Board Chair has been an honor", said Ms. Joseph.
"A special thanks to Century's management team and my fellow Board members for their shared commitment to the Company's success."
The addition of Mr. Fayram reflects the Company's strategy to complement its existing expertise in lithium with strong metallurgical expertise."

Compass Minerals Signs Binding Multiyear Agreement to Supply Ford Motor Company with Battery-Grade Lithium Carbonate

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Monday, May 22, 2023

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced the signing of a binding, multiyear supply agreement to provide Ford Motor Company (Ford; NYSE: F), a global auto manufacturer, with battery-grade lithium carbonate from its Ogden, Utah, lithium brine development project.

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Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced the signing of a binding, multiyear supply agreement to provide Ford Motor Company (Ford; NYSE: F), a global auto manufacturer, with battery-grade lithium carbonate from its Ogden, Utah, lithium brine development project.
“We look forward to building an alliance that will support Ford’s electric vehicle strategy by providing a reliable, domestic lithium supply.”
Under the agreement, Compass Minerals will deliver up to 40% of its planned, phase-one battery-grade lithium carbonate to Ford for a five-year term once production begins.
As previously announced, the company expects an annual commercial production capacity of approximately 35 kMT lithium carbonate equivalent (LCE) once fully operational, with an initial phase-one capacity of approximately 11 kMT battery-grade lithium carbonate coming online in 2025.
Lithium will be the fourth essential mineral produced from the same unit of brine, bringing additional efficiencies to the operation and value to all stakeholders, including the State of Utah.

VOLT LITHIUM CORP. ANNOUNCES RESOURCE REPORT INDICATING 4.3 MILLION TONNES OF LITHIUM RESOURCE AT ITS RAINBOW LAKE PROPERTY WITH CONCENTRATIONS UP TO 121 mg/L

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Thursday, May 18, 2023

4.3 million tonnes of LCE in the Inferred Mineral Resource category from the Devonian aged Sulphur Point, Muskeg and Keg River (the “Elk Point Group”) aquifers.

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4.3 million tonnes of LCE in the Inferred Mineral Resource category from the Devonian aged Sulphur Point, Muskeg and Keg River (the “Elk Point Group”) aquifers.
The Inferred Mineral Resource equates to 215 times the estimated peak production of 20,000 tonnes per year, demonstrating the sheer size and scale of this lithium asset.
Volt’s total land position at Rainbow Lake equals ~430,000 acres (~670 sections) and features over 1,300 producing wells from which to source brine.
A total of 41 samples of lithium measurements, including public and private data, were used to generate the estimated lithium concentration across the Rainbow Lake Property.

Ultra Lithium Sells Laguna Verde for Share Stake in Power Minerals

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Wednesday, May 17, 2023

Lithium, Term sheet, PNN, TSX Venture Exchange, Catamarca Province, OTCQB, ASX, AUD, Acquisition, TSX, LCE, Lego Power Miners, Security (finance), Power

Ultra Lithium’s CEO Weiguo Lang stated, “As a result of recent changes to Canadian Government regulations with respect to critical minerals, Ultra Lithium allowed its previous agreement to explore and develop the Laguna Verde project with Zangge Mining to expire.

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Ultra Lithium’s CEO Weiguo Lang stated, “As a result of recent changes to Canadian Government regulations with respect to critical minerals, Ultra Lithium allowed its previous agreement to explore and develop the Laguna Verde project with Zangge Mining to expire.
We look forward to jointly exploring and developing the Laguna Verde project with Power Minerals.
Subject to satisfactory due diligence, Power and Ultra Lithium will enter into a definitive Acquisition Agreement covering all key commercial terms including the share distributions.
Prior to completion of the proposed transaction, Ultra Lithium will transfer certain mineral properties not forming part of the Laguna Verde project out of Ultra Argentina SARL and Ultra Minerals S.A. for retention.

American Lithium Receives First of 3 Drill Permits to Commence Additional Development and Discovery Drilling at and around Falchani Peru

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Monday, May 8, 2023

Given these recent developments, we also anticipate final permits being approved shortly for expansion and infill drilling at both the Falchani lithium deposit and at the Macusani uranium project.

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Given these recent developments, we also anticipate final permits being approved shortly for expansion and infill drilling at both the Falchani lithium deposit and at the Macusani uranium project.
The Company has four diamond drills on site at Falchani where drilling related to the ongoing environmental impact assessment (“EIA”) commenced in 2022 and is well advanced.
American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.

Grounded Lithium Reports 2022 Year End Financial and Operating Results

Retrieved on:

Wednesday, April 26, 2023

CALGARY, AB, April 26, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three and twelve month period ended December 31, 2022.

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CALGARY, AB, April 26, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three and twelve month period ended December 31, 2022.
Selected financial and operational information is set out below and should be read in conjunction with the Company's December 31, 2022 financial statements and the related management's discussion and analysis, which are available for review at www.sedar.com or the Company's website at www.groundedlithium.com .
On August 22, 2022, the Company successfully closed the reverse takeover (the "RTO") of VAR Resources Corp. ("VAR") pursuant to the Amalgamation Agreement dated February 10, 2022 among VAR, VAR Resources (Newco) Corp. and the Company.
On November 4, 2022 the Company completed a $3.0 million non-brokered private placement of special warrants.

CENTURY LITHIUM PROVIDES UPDATE ON COLLABORATION WITH KOCH TECHNOLOGY SOLUTIONS

Retrieved on:

Monday, April 17, 2023

Lithium, DLE, Pilot plant, KTS, Engineering, News, LCE

VANCOUVER, BC, April 17, 2023 /PRNewswire/ - Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to report that further to its news release dated February 9, 2023, the Company has received from Koch Technology Solutions' ("KTS") equipment for KTS' Li-Pro™ process for direct lithium extraction ("DLE").

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VANCOUVER, BC, April 17, 2023 /PRNewswire/ - Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to report that further to its news release dated February 9, 2023, the Company has received from Koch Technology Solutions' ("KTS") equipment for KTS' Li-Pro™ process for direct lithium extraction ("DLE").
The KTS equipment has been installed and is now operating at Century Lithium's Lithium Extraction Facility ("Pilot Plant") in Amargosa Valley, Nevada, USA.
The collaboration between Century Lithium and KTS begins a field trial of KTS' Li-Pro™ equipment to treat the process solutions generated at the Pilot Plant in the leaching of bulk sample claystone collected from the Company's Clayton Valley Lithium Project ("Project").
Results from the program will enable KTS to provide engineering and cost data to Century Lithium for a full-scale installation of the DLE plant in Century Lithium's Project.

Surging Demand for Lithium Reaching New Highs as EV's Popularity is Still Growing

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Thursday, April 6, 2023

PALM BEACH, Fla., April 6, 2023 /PRNewswire/ -- The surging demand for storing grid-based energy is one of the key factors that is expected to drive the demand for Lithium ion batteries and, hence, propel the metal's mining requirement. Growing technological investments in metallurgy and mining would accelerate the metal's production through mining. New technological studies have led to developing such mining techniques, which are more energy and resource-efficient. New techniques, such as direct extraction technologies, use organic sieves instead of vast evaporation ponds, making mining and extraction a sustainable practice. Hence, growing advancements and technological development of such mining practices would propel the market growth during the projected period through the next several years. According to Fortune Business Insights, the global lithium mining market size is projected to grow to $516.22 million by 2028, growing at Compound Annual Growth Rate (CAGR) of 6% through 2028. It said that the high demand for power because of the surging urbanization and industrialization worldwide would affect growth positively. It would result in the increasing demand for lithium-ion batteries for storing the excessive energy. The report said: "The market has been analyzed across major countries, including the United States, Canada, Portugal, China, Australia, Argentina, Bolivia, Chile, Brazil, Namibia, Nigeria, and Zimbabwe. The market is dominated by Australia due to a high amount of lithium reserves, coupled with massive mining projects in the country. The growing awareness of utilizing environment-friendly electric vehicles would also drive the market growth in the country." Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Livent Corporation (NYSE: LTHM), Sayona Mining Limited (OTCQB: SYAXF), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), Piedmont Lithium Inc. (NASDAQ: PLL).

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One additional shallow monitoring well was completed at Natalia Maria adjacent to the deep monitoring well in the original corehole.
The high-grade lithium results across seven holes at Alba Sabrina, as well as the very high-grade lithium samples from Natalia Maria, demonstrate the potential of the HMN Li Project.
The Company is on track to achieve its objective to potentially expand the current National Instrument 43-101 Lithium Carbonate Equivalent resource.
Continued strength in lithium market conditions and customer demand resulted in higher sequential volumes, the impact of which was partially offset by a less favorable customer mix.

Surging Demand for Lithium Reaching New Highs as EV's Popularity is Still Growing

Retrieved on:

Thursday, April 6, 2023

PALM BEACH, Fla., April 6, 2023 /PRNewswire/ -- The surging demand for storing grid-based energy is one of the key factors that is expected to drive the demand for Lithium ion batteries and, hence, propel the metal's mining requirement. Growing technological investments in metallurgy and mining would accelerate the metal's production through mining. New technological studies have led to developing such mining techniques, which are more energy and resource-efficient. New techniques, such as direct extraction technologies, use organic sieves instead of vast evaporation ponds, making mining and extraction a sustainable practice. Hence, growing advancements and technological development of such mining practices would propel the market growth during the projected period through the next several years. According to Fortune Business Insights, the global lithium mining market size is projected to grow to $516.22 million by 2028, growing at Compound Annual Growth Rate (CAGR) of 6% through 2028. It said that the high demand for power because of the surging urbanization and industrialization worldwide would affect growth positively. It would result in the increasing demand for lithium-ion batteries for storing the excessive energy. The report said: "The market has been analyzed across major countries, including the United States, Canada, Portugal, China, Australia, Argentina, Bolivia, Chile, Brazil, Namibia, Nigeria, and Zimbabwe. The market is dominated by Australia due to a high amount of lithium reserves, coupled with massive mining projects in the country. The growing awareness of utilizing environment-friendly electric vehicles would also drive the market growth in the country." Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Livent Corporation (NYSE: LTHM), Sayona Mining Limited (OTCQB: SYAXF), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), Piedmont Lithium Inc. (NASDAQ: PLL).

Key Points:

One additional shallow monitoring well was completed at Natalia Maria adjacent to the deep monitoring well in the original corehole.
The high-grade lithium results across seven holes at Alba Sabrina, as well as the very high-grade lithium samples from Natalia Maria, demonstrate the potential of the HMN Li Project.
The Company is on track to achieve its objective to potentially expand the current National Instrument 43-101 Lithium Carbonate Equivalent resource.
Continued strength in lithium market conditions and customer demand resulted in higher sequential volumes, the impact of which was partially offset by a less favorable customer mix.

Why Lithium Mining Is Anticipated To Grow Tenfold Between 2021 and 2030

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Thursday, March 30, 2023

PALM BEACH, Fla., March 30, 2023 /PRNewswire/ -- The market for lithium-ion batteries is likely to grow significantly over the next several years as a result of the electrification of cars, which will spur lithium mining during that period. A report from ResearchAndMarkets projected that the Global Lithium market , which was valued at USD 4650 Million in 2021 and expected to grow at a CAGR of 13.5% during the forecast period of 2023-2028. The report said: "Due to the strict rules that ICE automakers must adhere to in order to minimize carbon dioxide emissions from automobiles, the automotive application market is predicted to increase significantly over the course of the projection period. This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods. Together with investments in this area, government subsidies for EVs are projected to serve as an additional catalyst for the market's expansion. Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector. Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand." Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

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This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods.
Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector.
Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand.
" Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).