Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) (“Century Lithium“) is happy to announce its collaboration with Koch Expertise Options (“KTS”), a Koch Engineered Options (“KES”) firm, within the utility of the Li-Professional™ course of for direct lithium extraction (“DLE”) at Century Lithium‘s Lithium Extraction Facility (“Pilot Plant”) in Amargosa Valley, Nevada USA.

“Century Lithium‘s collaboration with KTS and KES has been productive, and we sit up for working collectively as we broaden our relationship,” mentioned Invoice Willoughby , President & CEO of Century Lithium. “Our DLE course of within the Pilot Plant is performing very nicely and we’re excited to work with Koch as we advance the Venture.”

In March 2022 , Century Lithium bought a license to the Lionex DLE course of (“Lionex”) and KTS subsequently acquired unique rights to the Lionex expertise, which has been built-in into KTS’ Li-Professional™ course of. Via an settlement accomplished February 6, 2023 , the businesses will work collectively to judge the added options of the Li-Professional™ course of at Century Lithium‘s Pilot Plant. With the knowledge obtained, KTS will present engineering for a full-scale deployment of the Li-Professional™ course of for Century Lithium‘s Clayton Valley Lithium Venture (“Venture”) situated in Esmeralda County , in west-central Nevada .

“Century Lithium has achieved an amazing job figuring out and validating a world-class lithium useful resource,” mentioned Adam Sackett , President of Koch Expertise Options. “Because the vitality transformation accelerates, we’re excited to collaborate with them on the trail to commercializing Li-Professional™ expertise with our increasing set of complementary capabilities.”

As a part of this system, sure key elements of the Li-Professional™ course of can be examined at Century Lithium‘s Pilot Plant. KTS may even present engineering design and prices for the full-scale DLE portion of the processing plant for Century Lithium‘s Venture. This program is unbiased from the Venture’s ongoing Feasibility Research and can start upon supply of KTS gear to the Pilot Plant. Century Lithium will fund the examine, set up, and operation of the gear on the Pilot Plant, and KTS will present coaching and technical help.

About Koch Expertise Options

Koch Expertise Options (KTS) is the expertise licensing enterprise of Koch Engineered Options (KES). KTS creates worth for its prospects throughout a rising portfolio of applied sciences together with direct lithium extraction, the polyester worth chain, refining business and 1,4-Butanediol plus its derivatives. KTS combines its unique applied sciences, experience, and capabilities with these of different KES corporations to offer total options to optimize prospects’ capital investments and present manufacturing property.

Century Lithium Corp. is a Canadian based mostly superior stage lithium firm, targeted on growing its 100%-owned Clayton Valley Lithium Venture in west-central Nevada, USA . Century Lithium is at present within the pilot stage of testing on materials from its lithium-bearing claystone deposit at its Lithium Extraction Facility in Amargosa Valley, Nevada and progressing in direction of finishing a Feasibility Research and allowing, with the objective of turning into a home producer of lithium for the rising electrical car and battery storage market.

ON BEHALF OF Century Lithium CORP.
WILLIAM WILLOUGHBY , PhD., PE
President & Chief Government Officer

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Observe Concerning Ahead-Trying Statements

This launch consists of sure statements that could be deemed to be “forward-looking statements”. Ahead-looking statements are topic to dangers, uncertainties and assumptions and are recognized by phrases similar to ” expects,” “estimates,” “tasks,” “anticipates,” “believes,” “might,” “scheduled,” and different related phrases. All statements on this launch, apart from statements of historic info, that deal with occasions or developments that administration of the Firm expects, are forward-looking statements. Though administration believes the expectations expressed in such forward-looking statements are based mostly on affordable assumptions, such statements usually are not ensures of future efficiency, and precise outcomes or developments could differ materially from these within the forward-looking statements. The Firm undertakes no obligation to replace these forward-looking statements if administration’s beliefs, estimates or opinions, or different components, ought to change. Components that would trigger precise outcomes to vary materially from these in forward-looking statements, embody market costs, exploration, and growth successes, continued availability of capital and financing, and basic financial, market or enterprise situations. Please see the general public filings of the Firm at www.sedar.com for additional data.

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SOURCE Century Lithium Corp.

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