Clayton Valley Lithium Project
The Clayton Valley Lithium Project is in Esmeralda County, in west-central Nevada, USA, immediately east of Albemarle's mine site, North America's only lithium brine operation. Exploration and development by Century Lithium led to the discovery of an extensive resource of lithium-bearing claystone, immediately adjacent to the lithium brine basin. The lithium resource is exposed at surface, sheltered from erosion by Angel Island, an outcrop of Cambrian metavolcanic and clastic rocks, protruding through the Pliocene lakebed sediments.
At present, the Company is in the permitting stage and is actively processing material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. In addition, the Company has recently completed a Feasibility Study on the Project with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.
