Century Lithium's Angel Island added to FAST-41 program

Executive Summary

• Century Lithium announced Angel Island’s inclusion in the FAST‑41 Transparency dashboard, enhancing federal permitting certainty.
• The company completed and submitted all baseline environmental studies to the BLM, clearing a key prerequisite for NEPA review.
• Closed a $4.7 million LIFE financing round to fund an updated feasibility study and continued permitting activities.

Key Details

• FAST‑41 Designation: Angel Island formally designated as a FAST‑41 Transparency project under the Fixing America’s Surface Transportation Act in August 2025, signaling strong federal interest.
• Baseline Environmental Studies: All required baseline studies (biological, cultural, water, land use) have been completed and submitted to the BLM, enabling the upcoming Plan of Operations (PoO) submission for NEPA review.
• Financing Closed: $4.7 million raised via a Listed Issuer Financing Exemption (LIFE) offering; proceeds earmarked for an updated feasibility study and ongoing permitting work.
• Updated Feasibility Study: Will incorporate latest project data, optimize lithium recovery processes, and provide technical support for the PoO and NEPA filings.
• Project Outlook: Angel Island aims to produce ~34,000 t/yr of battery‑grade lithium carbonate over a 40‑year mine life; permitting progress expected to attract strategic investors, off‑take partners, and government funding.

Notable Quotes

“Angel Island's addition to the FAST‑41 Transparency program is a significant milestone for Century Lithium,” said Bill Willoughby, CEO. “It signals strong federal interest in advancing secure domestic lithium supply, and provides greater permitting certainty to our stakeholders and future project partners.”