Century Lithium: Investor Newsletter – Upcoming Events | Media Appearances | News

Battery-Grade Lithium Carbonate Achievement
On September 23, our Lithium Extraction Facility (Pilot Plant) in Amargosa Valley, Nevada, reached a significant milestone. Our team successfully produced battery-grade lithium carbonate (Li₂CO₃) with a purity of 99.5%. This achievement highlights that this is one of the few advanced projects in the US to provide an end-to-end process.

Complete On-Site Production Capability
This achievement allows us to produce lithium carbonate samples on-site for testing by prospective partners and end-users, enhancing our position in the lithium market. We continue to focus on optimizing our processes and reducing capital requirements for more cost-effective operations.

We appreciate your ongoing support as we work towards becoming a key player in the domestic battery-grade lithium supply chain. If you have any questions, please don’t hesitate to contact us at +1 604 764 1851.

Thank you.

• Large-Scale Nevada-based Lithium Project: Production plan to generate a life-of-mine average of 34,000 tonnes per annum (tpa) of battery-quality lithium carbonate (Li₂CO₃)
• Innovative Approach in Processing: patent-pending chloride leaching process combined with Direct Lithium Extraction (DLE), the Feasibility Study is supported by 2+ years of testing at the Company’s Pilot Plant
• Mineral Resource Estimate: Measured and Indicated resources totaling 1,138.59 million tonnes (Mt) at an average grade of 966 parts per million (ppm) lithium (Li) containing 1.099 Mt of Li or 5.582 Mt of lithium carbonate equivalent (LCE)
• Long 40-Year Mine Life: Proven and Probable Mineral Reserve Estimate totaling 287.65 Mt at an average grade of 1,149 ppm Li containing 0.330 Mt of lithium or 1.759 Mt of LCE
• CapEx: $1.537 billion for production capacity of 13,000 tpa LCE
• After-tax IRR of 17.2% at $24,000/t Li₂CO₃: 17.2% Internal Rate of Return (IRR) and a $3.16 billion Net Present Value (NPV) at an 8% discount rate