CENTURY LITHIUM RELOCATING DEMONSTRATION PLANT TO TONOPAH, NEVADA

The most recent news release, dated October 27, 2025, announces that Century Lithium has commenced relocating its Lithium Extraction Facility (Demonstration Plant) from Amargosa Valley to the Company's facility at the Tonopah Airport, Nevada. The stated reasons for this move are to consolidate operations, improve logistical efficiency, reduce costs, and strengthen support for ongoing and future activities. The new Tonopah location will also provide more space for research and development on battery materials and allow for the construction of a larger assay and metallurgical laboratory. The company's President and CEO, Bill Willoughby, emphasized that this relocation will allow for the consolidation of support for the Angel Island project's development.

This news follows a significant announcement on October 20, 2025, where Century Lithium successfully produced high-purity (+99.5%) lithium hydroxide samples for the first time at its Demonstration Plant in Amargosa Valley, Nevada. This lithium hydroxide was derived from lithium carbonate produced from the Angel Island project, using Century Lithium's patent-pending alkaline leach and Direct Lithium Extraction (DLE) process. This was highlighted as an important milestone, expanding Angel Island's potential product offerings beyond just lithium carbonate.

Prior to these, other key developments included: * Permitting Progress (Oct 1, 2025): Angel Island was added to the FAST-41 Transparency dashboard process, a federal initiative aimed at streamlining environmental review and permitting. All required baseline environmental studies were completed and submitted to the BLM, positioning the project for NEPA review. * Financing (Aug 29, 2025): The company closed a $4.73 million Listed Issuer Financing Exemption (LIFE) offering at $0.30 per unit (each unit comprising one common share and one warrant exercisable at $0.45 for 60 months). This funding is for the updated feasibility study and permitting. * CFO Transition (Sept 22, 2025): Braam Jonker resigned as CFO, replaced by Matthew Tompkins as interim CFO. * Strategic Collaborations: * July 21, 2025: Collaboration with Alpha-En Corp. to convert Century Lithium's battery-grade lithium carbonate (99.8% purity) into high-quality battery-grade lithium-metal anodes. * July 8, 2025: First Phosphate Corp. successfully produced LFP battery cells using Century Lithium's lithium carbonate. * January 21, 2025: Signed a non-binding MOU with Orica Specialty Mining Chemicals for a five-year offtake agreement for surplus membrane-grade sodium hydroxide, a byproduct of the lithium extraction process at Angel Island, which is expected to underpin low operating costs. * Technical Optimization: * May 6, 2025: Completed demo plant testing in Idaho with Amalgamated Research LLC (ARi), achieving 91.6% lithium recovery and a low sodium-to-lithium ratio, suggesting substantial reduction in CAPEX and OPEX. Continued operation of the lithium carbonate circuit producing 99.87% Li2CO3. * February 24, 2025: Optimization study indicated potential CAPEX reduction of up to 25% from the initial $1.581 billion for Phase 1 at Angel Island. * February 4, 2025: Changes at the pilot plant focused on demonstration mode, utilizing ARi's DLE technology for process improvements, eliminating recycle loops, and increasing eluate grades.

The most recent news about relocating the demonstration plant to Tonopah, Nevada, is an operational optimization rather than a new discovery or major project milestone. While the news release classifies it as "Non-Material - Positive", in the context of the company's progression towards commercial production, it is a practical step aimed at improving efficiency and reducing costs, which is fundamentally positive for long-term project viability. It supports the recent success in producing lithium hydroxide by consolidating operations, implying better integration and resource allocation for ongoing R&D and future activities. This is in line with the company's stated goal to "strengthen support for ongoing and future activities" at Angel Island.

This news confirms the company's ongoing commitment to advancing the Angel Island project efficiently. It builds upon the significant milestone of successfully producing high-purity lithium hydroxide samples (October 20, 2025), which broadens the market potential for Angel Island's products beyond lithium carbonate. The ability to produce both high-purity lithium carbonate and lithium hydroxide positions Century Lithium to cater to diverse battery market needs.

The relocation is a logical follow-through on the technical advancements made at the demonstration plant, which have already shown positive results in DLE efficiency (May 6, 2025) and potential CAPEX reductions (February 24, 2025). By centralizing operations, the company aims to further enhance these efficiencies. The addition of Angel Island to the FAST-41 program (October 1, 2025) provides a supportive regulatory framework for permitting, making the operational streamlining all the more timely. The recent $4.73 million financing provides capital to continue these development and permitting efforts.

Overall, the news is a routine but positive step in the company's strategic plan. It does not introduce new risks but rather aims to mitigate operational inefficiencies, suggesting a methodical approach to project development.

Century Lithium Corp. (LCE) is an advanced-stage lithium company headquartered in Canada, with a primary focus on developing its 100%-owned Angel Island Lithium Project (formerly known as the Clayton Valley Lithium Project) located in Esmeralda County, Nevada, USA. The project hosts one of the largest sedimentary lithium deposits in the United States.

Century Lithium is focused on an end-to-end process to produce battery-grade lithium carbonate, and more recently, high-purity lithium hydroxide. The company employs an innovative and sustainable patent-pending process combining chloride leaching with direct lithium extraction (DLE). A key feature of their process is the generation of surplus sodium hydroxide (caustic soda) as a byproduct, which can be sold, thus underpinning low operating costs for its primary lithium products.

The Angel Island project is currently in the permitting stage for a three-phase feasibility-level production plan. The estimated average annual production is 34,000 tonnes of lithium carbonate per year over an estimated mine life of 40 years. The company operates a Lithium Extraction Facility (Demonstration Plant) in Nevada, where it has successfully produced both battery-grade lithium carbonate and, as recently announced, high-purity lithium hydroxide.

The project has gained federal attention, having been added to the FAST-41 Transparency Dashboard process, which aims to streamline federal environmental review and permitting for critical mineral projects in the US, signifying strong federal interest in domestic lithium supply. The company is actively conducting baseline environmental studies and working towards the submission of its Plan of Operations to the Bureau of Land Management (BLM).