Century Lithium
Century Lithium Corp. is an advanced-stage, pre-revenue Canadian lithium developer advancing its 100%-owned Angel Island claystone project in Nevada toward battery-grade lithium carbonate and lithium hydroxide production for North American EV and battery storage customers.
- Company typePublic
- Founded2016
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Century Lithium does
Century Lithium Corp. (TSXV: LCE; OTCQX: CYDVF; FWB: C1Z) is an advanced-stage lithium development company headquartered in Vancouver, Canada, focused exclusively on advancing its 100%-owned Angel Island Lithium Project in Esmeralda County, Nevada. The company, originally founded as Cypress Development Corp. in 2016 and rebranded in January 2023, holds 2,286 hectares adjacent to Albemarle's Silver Peak mine, the only producing lithium operation in North America. Angel Island is a large-scale sedimentary lithium claystone deposit with Proven and Probable Mineral Reserves of 1.759 million tonnes LCE supporting a projected mine life in excess of 60 years.
The company's core technology is a patent-pending, integrated, end-to-end flowsheet that combines open-pit mining of lithium-bearing claystone, hydrochloric acid leaching with individualized solid pretreatments, Koch Technology Solutions' Li-Pro direct lithium extraction (DLE) to selectively recover lithium at concentrations of 7-8 g/L, and on-site chlor-alkali processing (via Thyssenkrupp nucera electrolytic cells) that produces the required HCl while generating surplus sodium hydroxide. Saltworks Technologies produces battery-grade lithium carbonate at 99.87%+ purity from process solutions. The integrated design is engineered to make the operation structurally immune to global sulfur price volatility that pressures conventional sulfuric acid leach flowsheets, and to enable on-site production of reagent. Demonstration plant operations at Tonopah, Nevada (relocated in October 2025 with commissioning targeted for H2 2026) have also produced first lithium hydroxide, broadening the product slate toward LFP cathode applications. Test work indicates over 97% recovery of rare earth elements from primary leach solutions as a potential additional revenue stream.
Century Lithium is pre-revenue and remains in permitting rather than commercial production, with revenue expected only after full construction. The economic model contemplates average annual production of approximately 26,500 tonnes of battery-grade lithium carbonate (and potentially lithium hydroxide) over a 40-year modeled mine life, with by-product sodium hydroxide sales to western U.S. industrial chemical buyers. The 2026 Feasibility Study economics improve materially versus 2024: after-tax NPV of US$4.01 billion at an 8% discount rate, 27.4% after-tax IRR, operating costs of US$4,389 per tonne of lithium carbonate, and Phase 1 capital costs of US$997 million (down from US$1.537 billion). Target customers are North American electric vehicle manufacturers, battery storage integrators, and cathode producers seeking domestically sourced battery-grade lithium; preliminary downstream validation includes LFP 18650 cell production by First Phosphate. The go-to-market motion is enterprise direct sales via offtake agreements and strategic partnerships, combined with pursuit of U.S. critical minerals and FAST-41-related government funding channels.
Century Lithium firmographics
Firmographics- Name
- Century Lithium
- Legal name
- Century Lithium Corp.
- Website
- https://centurylithium.com
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Century Lithium Corp. is an advanced-stage, pre-revenue Canadian lithium developer advancing its 100%-owned Angel Island claystone project in Nevada toward battery-grade lithium carbonate and lithium hydroxide production for North American EV and battery storage customers.
- Ownership category
- akta.pro rank
Century Lithium industry classification
Industry- Product category
- Battery-grade Lithium Chemicals
- SIC
- Metal Mining (1000), Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Lithium Mining & Brine Extraction (IMAKAFAA)
- akta.pro secondary industry
- Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI)
Keywords
Where Century Lithium is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Century Lithium business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Lithium Carbonate Sales: The company plans to generate revenue from the sale of battery-grade lithium carbonate (Li2CO3) produced at its Angel Island project, targeting the electric vehicle and battery storage markets. Production capacity planned at approximately 26,500 tonnes per annum.
- Sodium Hydroxide (By-product) Sales: The chlor-alkali process produces surplus sodium hydroxide beyond operational needs, which will be sold as an economic by-product. The western United States is dependent on imports of this essential chemical, creating a domestic supply opportunity.
- Rare Earth Elements (Potential): The company has demonstrated high recovery rates of rare earth elements (REEs) from primary leach solutions (over 97%), potentially adding a strategic revenue stream alongside lithium extraction.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Century Lithium product offering
Product offeringCore offering
Century Lithium is an advanced-stage lithium development company advancing its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. The company produces battery-grade lithium carbonate (Li2CO3) and lithium hydroxide (LiOH) using a patent-pending chloride-based leaching process combined with direct lithium extraction (DLE) and on-site chlor-alkali processing, with planned average annual production of approximately 26,500 tonnes of battery-grade lithium carbonate over a 40-year mine life.
Product overview
Century Lithium is an advanced-stage lithium development company with a single flagship project - the Angel Island Lithium Project in Nevada - advancing toward production of battery-grade lithium chemicals. The company's integrated, end-to-end process combines conventional open-pit mining with a patent-pending chloride-based leaching system, direct lithium extraction (DLE) technology (Li-Pro™ from Koch Technology Solutions), and on-site chlor-alkali processing to produce battery-grade lithium carbonate (Li₂CO₃) and lithium hydroxide (LiOH). The integrated flowsheet generates sodium hydroxide (NaOH) as a saleable by-product that offsets operating costs. Exploration also indicates potential for rare earth element recovery. The company operates a Demonstration Plant in Nevada, currently being relocated to Tonopah, which validates the production process and supports metallurgical testing. The 2026 Feasibility Study confirms strong project economics with an after-tax NPV of $4.01 billion and targets production of approximately 26,500 tonnes per annum of battery-grade lithium carbonate over a 40-year mine life.
Differentiator
Problem solved
Functional benefit
Products and services
- Battery-Grade Lithium Carbonate (Li2CO3) High-purity (99.87%+) battery-grade lithium carbonate produced on-site from the Angel Island project using a patent-pending chloride-based leaching and direct lithium extraction process, designed to meet stringent battery and cathode manufacturer specifications for electric vehicle and grid-scale energy storage applications.
- Battery-Grade Lithium Hydroxide (LiOH) High-purity lithium hydroxide produced at the Demonstration Plant in Nevada from lithium carbonate derived from the Angel Island project, serving as a key precursor for lithium-ion batteries, particularly LFP (lithium iron phosphate) battery chemistries used in electric vehicles.
- Sodium Hydroxide (NaOH) - By-product Sodium hydroxide (caustic soda) produced as a co-product from the integrated chlor-alkali process at Angel Island, with planned sales expected to significantly offset lithium carbonate production costs. The western United States is dependent on imports of this essential chemical.
- Rare Earth Elements (REEs) - Potential By-product Rare earth elements recoverable from primary lithium leach solutions at Angel Island, representing a potential strategic revenue stream alongside lithium extraction that supports the North American critical mineral supply chain.
Quantifiable outcome
- After-tax NPV of $4.01 billion with 27.4% IRR
- +3 more outcomes
Companies that use Century Lithium
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Century Lithium technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Century Lithium partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Dr. Corby G. Anderson (Board Chair)coreAppointed Chair of Board of Directors effective July 14, 2026, succeeding Bryan Disher. Dr. Anderson brings over 40 years of global experience in engineering and mining operations.
- Management Team Appointments (Todd Fayram, Daniel Kalmbach, Teresa Conner, Adam Knight, Richard Alberthal)coreFive management appointments effective April 2026 to advance Angel Island project: Todd Fayram as CTO, Daniel Kalmbach as VP Exploration, Teresa Conner as Director of Permitting, Adam Knight as General Manager, and Richard Alberthal as Manager of Technical Services.
- Dr. Cormac O'LaoireminorAppointed Strategic Advisor with 20+ years of experience across the lithium-ion battery ecosystem. Managing Director of Electrios Energy, supporting downstream and strategic considerations for US battery supply chain.
- Matthew Tompkins (CFO)minorAppointed Chief Financial Officer effective December 2025, having served as interim CFO since September 2025.
- First Phosphate Corp.minorFirst Phosphate successfully produced commercial-grade LFP 18650 battery cells using lithium carbonate from Century's Angel Island project. Battery cells assembled by Ultion Technologies in Las Vegas, Nevada, demonstrating North American supply chain capability.
- Orica Specialty Mining ChemicalsminorNon-binding MOU for multi-year offtake arrangement for sodium hydroxide sourcing from Century Lithium's Angel Island project in Nevada. Addresses domestic supply opportunity for western US industrial chemical buyers.
- Koch Technology Solutions (KTS)coreCollaboration on Li-Pro™ direct lithium extraction (DLE) process for commercial deployment at the Clayton Valley/Angel Island project. KTS provides engineering design and cost estimates for full-scale DLE installation. Century Lithium integrates KTS Li-Pro™ equipment into its pilot plant for testing and validation, achieving lithium grades of 7-8 g/L with high lithium to sodium ratios.
- Thyssenkrupp nuceracoreEngineering and design of the chlor-alkali plant component of the Feasibility Study for the Angel Island project, providing electrolytic cell technology for on-site production of hydrochloric acid and sodium hydroxide.
- Saltworks Technologies Inc.corePartnership for processing concentrated lithium solutions from the pilot plant into battery-grade lithium carbonate. Saltworks has repeatedly produced 99.87%+ purity battery-grade Li2CO3 from Century's process solutions, validating the end-to-end flowsheet.
- Wood PLCcoreEngaged as independent lead author for the Feasibility Study, responsible for infrastructure, process design, processing facilities, tailings and waste facilities, and environmental stewardship. Completed NI 43-101 Technical Report filed January 2026.
- Global Resource Engineering (GRE)coreResponsible for geologic model, estimation of resources and reserves, and compilation of mine plan and mining production schedule for the Feasibility Study.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Century Lithium competitors and assessment
Company assessmentEmerging players
- Vulcan Energy Resources: Emerging player — Vulcan is developing geothermal-lithium DLE projects in Europe to produce battery-grade lithium hydroxide using renewable energy, representing a competing low-carbon lithium chemistry pathway aimed at the same European and global EV OEM customers.
- Standard Lithium: Emerging player — Standard Lithium is advancing lithium-brine DLE projects in Arkansas and other US geographies using proprietary DLE technology, directly competing with Century's chloride-leaching + Koch Li-Pro approach to deliver battery-grade lithium products.
- EnergySource Minerals: Emerging player — EnergySource Minerals operates the ATLiS DLE pilot in California's Salton Sea region, pursuing a competing lithium-from-brine DLE approach aimed at the same US battery-grade lithium supply gap Century targets.
Direct peers
- Sigma Lithium: Direct peer — Sigma Lithium is a hard-rock lithium producer in Brazil targeting battery-grade lithium concentrate and downstream chemicals for the global EV supply chain, providing a comparable lithium development/production peer in scale and customer profile.
- Piedmont Lithium: Direct peer — Piedmont Lithium is a US-listed lithium developer with hard-rock and integrated hydroxide projects targeting the same EV cathode and battery manufacturer customers, with comparable development-stage economics and offtake strategy.
- Lithium Americas: Direct peer — Lithium Americas is a North America-focused lithium developer with the Thacker Pass project in Nevada, the largest known US lithium deposit, at a comparable permitting-and-construction stage and similar customer base in EV and battery storage markets.
- Ioneer Ltd: Direct peer — Ioneer is developing the Rhyolite Ridge lithium-boron project in Nevada, another advanced-stage US sedimentary lithium project competing for the same IRA-qualifying offtake customers and federal critical minerals support.
Broad incumbents
- Arcadium Lithium (Livent): Broad incumbent — Arcadium Lithium (formed via Livent-Allkem merger) is a global lithium chemicals leader producing battery-grade Li2CO3 and LiOH at scale, representing the type of large-scale, vertically integrated chemicals producer Century would need to compete with for premium offtake customers.
- SQM: Broad incumbent — SQM is one of the world's largest lithium chemicals producers from Chilean brine operations, setting global lithium price benchmarks and supplying battery-grade lithium carbonate and hydroxide to the same EV and energy storage OEMs Century is targeting.
- Albemarle Corporation: Broad incumbent — Albemarle operates Silver Peak, the only currently producing US lithium mine, located immediately adjacent to Century's Angel Island project in Clayton Valley. As the global lithium leader, Albemarle sets pricing benchmarks and is expanding its own DLE capabilities in the same basin.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Century Lithium social profiles
Digital presenceCentury Lithium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Century Lithium leadership team
Management profileNumber of profiles
Profiles14 records
Century Lithium funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Century Lithium M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Century Lithium
What does Century Lithium do?
Century Lithium is an advanced-stage lithium development company advancing its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. The company produces battery-grade lithium carbonate (Li2CO3) and lithium hydroxide (LiOH) using a patent-pending chloride-based leaching process combined with direct lithium extraction (DLE) and on-site chlor-alkali processing, with planned average annual production of approximately 26,500 tonnes of battery-grade lithium carbonate over a 40-year mine life.
Is Century Lithium a public or private company?
Century Lithium is a public company. It is classified as public and is currently operating.
When was Century Lithium founded?
Century Lithium was founded in 2016. It employs 11 to 50 people.
Where is Century Lithium based?
Century Lithium is headquartered in Vancouver, Canada, in the North America region.
How does Century Lithium make money?
Three revenue lines are on record. Lithium Carbonate Sales are the primary driver. The others are sodium Hydroxide (By-product) Sales and rare Earth Elements (Potential).
Who are Century Lithium's main competitors?
Emerging players on record are Vulcan Energy Resources, Standard Lithium and EnergySource Minerals. Direct peers are Sigma Lithium, Piedmont Lithium, Lithium Americas and Ioneer Ltd. Broad incumbents are Arcadium Lithium (Livent), SQM and Albemarle Corporation.
Does Century Lithium have an API?
No public API is recorded for Century Lithium.
What industry is Century Lithium in?
Century Lithium's product category is Battery-grade Lithium Chemicals. Its primary akta.pro industry code is IMAKAFAA, Lithium Mining & Brine Extraction, with a secondary code of IMAKAFAI, Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate). Its SIC code is 1000.