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CENTURY LITHIUM PROVIDES UPDATE ON PERMITTING FOR THE ANGEL ISLAND LITHIUM PROJECT, NEVADA
Century Lithium Advances Nevada Permitting Amidst Capital Gap Concerns

Executive Summary
- Century Lithium submitted a Draft Mine Plan of Operations (PoO) to the U.S. Bureau of Land Management (BLM) for its Angel Island project on May 5, 2026.
- A Memorandum of Understanding (MOU) with the BLM was signed April 22, 2026, defining roles during the National Environmental Policy Act (NEPA) permitting process.
- The project is designated as a "Transparency Project" under the Federal Permitting Council's FAST-41 program.
- The Company expects to receive initial comments from the BLM within the next month to assist in completing the final PoO.
- Workstreams include advancing items identified in the 2026 Feasibility Study, state/local permitting, pre-construction, detailed engineering, and infrastructure definition.
- Research & Development initiatives are ongoing to improve project economics and design.
Material Impact
- The submission of the Draft PoO is a critical regulatory milestone but was anticipated following the February 2026 Feasibility Study release.
- While positive for long-term de-risking, it does not resolve the immediate capital requirement gap between current cash reserves (~$12M) and Phase 1 Capex (~$997M).
- The FAST-41 designation provides federal coordination but does not guarantee a specific approval timeline beyond the initial comment period.
- News is consistent with previous projections regarding permitting progression; no unexpected delays or accelerations reported that would materially alter valuation models immediately.
- Market reaction likely muted as this step was priced in after the Feasibility Study and Financing announcements earlier in 2026.
LCE · Price
Company Overview
- Company: Century Lithium Corp. (TSX.V: LCE).
- Flagship Project: Angel Island Lithium Project, Esmeralda County, Nevada.
- Project Status: Advanced stage; Feasibility Study completed (Feb 2026), permitting in progress (Draft PoO submitted May 2026).
- Resource Base: Proven & Probable Reserves of 287.65 Mt containing 1.759 Mt LCE; Life-of-Mine >60 years.
- Production Plan: Phase 1 average production ~26,500 tpa lithium carbonate over a 40-year mine life.
- Technology: Patent-pending chlor-alkali process utilizing salt-based reagents (NaCl) to generate HCl and NaOH on-site, reducing reliance on external sulfur supply chains.
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Jul 15, 2026 · 08:00