Century Lithium demo plant relocation progress welcomed by Noble analysts
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) has advanced the relocation of its lithium extraction demonstration plant to Tonopah, Nevada, with commissioning expected in the second half of the year, a move welcomed by Noble Capital Markets analysts, who reiterated their ‘Buy’ rating on the...
Century Lithium Corp.(TSX-V:LCEOTCQX:CYDVF) View Price & Profile Century Lithium demo plant relocation progress welcomed by Noble analysts
Published: 11:05 24 Apr 2026 EDT
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) has advanced the relocation of its lithium extraction demonstration plant to Tonopah, Nevada, with commissioning expected in the second half of the year, a move welcomed by Noble Capital Markets analysts, who reiterated their ‘Buy’ rating on the company.
The analysts have a $3.05 price target on Century Lithium, implying substantial upside from recent trading levels near US$0.27.
The analysts see the update as “a step forward in Century’s development strategy.”
The facility previously operated in Amargosa Valley, where it “successfully validated the company’s integrated process for producing battery-grade lithium carbonate from claystone,” according to the analysts.
The current phase of work includes transferring equipment, building a new processing facility, advancing permitting activities, and conducting additional metallurgical testing aimed at improving extraction efficiency and refining production methods.
A key focus for the analysts is Century Lithium’s processing approach. The company’s patent-pending chlor-alkali process generates salt-based reagents on site, reducing reliance on external chemical supply chains.
“Century Lithium’s patent-pending chlor-alkali process utilizes salt-based reagents generated on-site, eliminating reliance on sulfuric acid and external supply chains,” they analysts wrote.
They also noted that “the company’s process technology provides a notable competitive advantage,” particularly in the context of elevated sulfur and sulfuric acid prices.
The process is designed to rely on readily available inputs such as sodium chloride and electricity, which may help support operating cost stability and create optionality for potential by-product recovery.
On project economics, the analysts referenced the company’s Angel Island lithium project and its 2026 feasibility study, highlighting strong projected metrics including net present value and competitive operating costs. They also pointed to additional upside from critical mineral recovery and possible government funding support, framing the project within growing demand for secure domestic battery materials.
“A combination of large-scale reserves, long mine life, improved capital efficiency, strong projected returns, and an integrated processing model positions Century Lithium as a strategically important domestic lithium development company with significant leverage to long-term lithium demand growth,” Noble concluded.