Northwire Canada EditionWednesday, October 28, 2026
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Gold 4,077.40 +0.1% Silver 54.55 +0.1% Copper 6.66 +0.1% Oil 99.88 −0.0% Palladium 1,035.75 +0.4% GBU 0.085 +13.3% GAMA 0.060 +0.0% QGR 0.190 +2.7% AVU 0.020 +0.0% GCN 0.025 +0.0% PML 1.37 +5.4% NVO 0.055 +0.0% OSM 0.030 +20.0% GSKR 2.72 +4.6% GPG 0.265 −1.9% UCU 1.95 +2.6% PPX 0.240 +4.3% SXL 0.055 +0.0% ONAU 0.540 +8.0% TMQ 3.15 +10.9% MOON 6.10 +9.9% Gold 4,077.40 +0.1% Silver 54.55 +0.1% Copper 6.66 +0.1% Oil 99.88 −0.0% Palladium 1,035.75 +0.4% GBU 0.085 +13.3% GAMA 0.060 +0.0% QGR 0.190 +2.7% AVU 0.020 +0.0% GCN 0.025 +0.0% PML 1.37 +5.4% NVO 0.055 +0.0% OSM 0.030 +20.0% GSKR 2.72 +4.6% GPG 0.265 −1.9% UCU 1.95 +2.6% PPX 0.240 +4.3% SXL 0.055 +0.0% ONAU 0.540 +8.0% TMQ 3.15 +10.9% MOON 6.10 +9.9%
Technical Study

CENTURY LITHIUM ADVANCES DEMONSTRATION PLANT RELOCATION TO TONOPAH AND PROVIDES REAGENT COST STRUCTURE UPDATE

Century Lithium

Executive Summary
  • Century Lithium confirms relocation of its Demonstration Plant from Amargosa Valley to Tonopah, Nevada, with commissioning targeted for H2 2026.
  • The company details its patent-pending chlor-alkali process which utilizes salt-based reagents (NaCl) instead of sulfur/sulfuric acid.
  • Current market context highlights a surge in global sulfur prices (China spot $950/t, US acid up to $146/t), validating the cost advantage of the NaCl process.
  • The 2026 Feasibility Study metrics are reiterated: After-tax NPV of US$4.01 billion and average operating costs of US$4,389/t of lithium carbonate.
  • A significant surplus of sodium hydroxide (NaOH) is expected from the process, intended to be sold as an economic by-product.
Material Impact
  • The news serves as a validation of the February 2026 Feasibility Study rather than introducing new financial terms or capital commitments.
  • By confirming the reagent cost structure against rising sulfur prices, the company reduces execution risk regarding operating expenses (OpEx).
  • However, the core economic metrics ($4.01B NPV) were already disclosed in February 2026; this update reinforces existing expectations without materially altering valuation models.
  • The Demonstration Plant relocation was previously announced in October 2025 ("begun moving"); this news confirms progress and timelines (H2 2026 commissioning).
  • No new strategic investors or off-take agreements are disclosed, leaving the significant capital gap for Phase 1 construction ($997M) unaddressed.
LCE · Price
Company Overview
  • Company: Century Lithium Corp. (TSX.V: LCE).
  • Flagship Project: Angel Island Lithium Project in Esmeralda County, Nevada.
  • Project Status: Advanced stage; Feasibility Study completed (Feb 2026), Pilot/Demonstration Plant operating, Permitting progressing (FAST-41 status).
  • Technology: Patent-pending chloride-based leaching and Direct Lithium Extraction (DLE) process integrated with chlor-alkali for on-site reagent generation.
  • Production Plan: Phase 1 targets ~26,500 tpa lithium carbonate over a 40-year mine life; Phase 2 expansion to higher throughput in Year 5.
Read the original news release →

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