| This month, Century Lithium marked a significant milestone with the signing of a non-binding MOU with Orica Specialty Mining Chemicals for sodium hydroxide offtake from the Angel Island project. The agreement outlines a 5-year initial term with potential extension, positioning Century Lithium to provide membrane-grade sodium hydroxide to one of the world’s leading mining solutions providers.
“The non-binding MOU with Orica marks a key milestone for Angel Island. The MOU outlines the first expected agreement of its kind for the project and involves a large portion of the surplus sodium hydroxide anticipated during the early years of operation.” – Bill Willoughby, President & CEO
The collaboration strengthens the U.S. supply chain by reducing reliance on sodium hydroxide imports to the western U.S. while supporting Nevada’s mining industry. Century Lithium’s patent-pending process at Angel Island combines chloride leaching with direct lithium extraction, using salt to produce reagents for leaching and pH control. This innovative approach not only enables lithium production but generates surplus sodium hydroxide, which is expected to contribute to the project’s competitive operating costs.
Orica’s commitment to the project adds significant credibility, with their President of Specialty Mining Chemicals Andrew Stewart noting: “This collaboration signifies our commitment to strengthening and unlocking Nevada’s manufacturing and mining sectors. By securing a reliable source of sodium hydroxide from Angel Island, we strengthen the local supply chain and reinforce our dedication to innovative US manufacturing solutions for our customers in North America.” |
Century Lithium: Investor Newsletter
