Update lifts Century Lithium’s Angel Island to standout US project
- •Hey everyone, just read this article about Century Lithium and their Angel Island project – kinda blew me away.
- •Apparently, the new feasibility study pushed their post-tax NPV up to a whopping $4.01 billion!
- •I've been keeping an eye on the lithium space for my growth portion of the portfolio, especially with all the EV mandates coming down the pipeline.
Hey everyone, just read this article about Century Lithium and their Angel Island project – kinda blew me away. Apparently, the new feasibility study pushed their post-tax NPV up to a whopping $4.01 billion! That's a pretty significant jump, a third higher than before, and for a US project, that's a big deal for the domestic lithium supply chain narrative everyone's been harping on.
I've been keeping an eye on the lithium space for my growth portion of the portfolio, especially with all the EV mandates coming down the pipeline. Getting a reliable, domestic source of lithium is something I've personally believed in for a while for long-term stability, and this kind of update certainly makes Century Lithium look a lot more attractive. I mean, $4 billion NPV is no joke, and it really starts to position them as a potential major player. I'm thinking about whether this merits a deeper dive into their financials and future prospects – maybe even dipping a toe in.
What are your thoughts on this? Anyone else tracking Century Lithium or similar US-based lithium plays? Do you think this NPV jump is sustainable, or is it just market hype? Always interesting to hear what the community thinks, especially given everyone's varied experiences. Here's the article if you want to check it out: https://www.mining.com/update-lifts-century-lithiums-angel-island-to-standout-us-project/