What's Happening?
Century Lithium Corp. has announced a transition in its executive team, with Braam Jonker stepping down as Chief Financial Officer effective September 30, 2025. Matthew Tompkins, who has been the Financial Controller since 2022, will take over as Interim CFO. This change comes as Century Lithium continues to advance its Angel Island project in Nevada, which is one of the largest sedimentary lithium deposits in the U.S. The company is focused on developing battery-grade lithium carbonate through its patent-pending extraction process.
Why It's Important?
The transition in leadership at Century Lithium is significant as the company is at a critical stage in developing its Angel Island project. The project is poised to play a key role in the U.S. lithium supply chain, which is crucial for the growing electric vehicle and battery storage markets. The leadership change may impact the company's strategic direction and operational efficiency, influencing its ability to meet production targets and navigate regulatory challenges.
What's Next?
Century Lithium is expected to continue its permitting process for the Angel Island project, aiming for a three-phase feasibility-level production plan. The company plans to produce an estimated 34,000 tonnes per year of lithium carbonate over a 40-year mine life. Stakeholders will be watching closely to see how the leadership transition affects the project's progress and the company's ability to capitalize on the increasing demand for lithium.
