Century Lithium: CEO on Positive Feasibility Study and What's Coming Next

Century Lithium CEO, William Willoughby, discusses the company's positive feasibility study and the challenges and opportunities in the lithium market. The feasibility study was thorough and received positive feedback from technical experts. The drop in the company's share price was partly due to using a higher lithium price in the study. The project has a 40-year mine life and a large initial capital expenditure, which is very usual for a project of this size, and the company is exploring financing options, including government support and strategic partnerships. The operating costs can be reduced significantly through the sale of surplus sodium hydroxide (NaOH). Construction of the project is scheduled to begin in 2027 at the earliest. The company has sufficient funds for the next 12 months.

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