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CleanTech Lithium Increases Laguna Verde Resource Estimate by 17%

Story Highlights
  • CleanTech Lithium PLC has increased its Laguna Verde project’s lithium resource to 1.9 million tonnes.
  • The updated estimate strengthens Laguna Verde’s position in Chile’s lithium sector and supports its pre-feasibility study.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CleanTech Lithium Increases Laguna Verde Resource Estimate by 17%

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CleanTech Lithium PLC ( (GB:CTL) ) has issued an announcement.

CleanTech Lithium PLC announced an updated resource estimate for its Laguna Verde project, reflecting a 17% increase in lithium carbonate equivalent to 1.9 million tonnes, following the acquisition of additional licenses. This update positions Laguna Verde as a leading project in Chile’s lithium sector, enhancing its potential as a future producer for the global EV and battery market. The resource estimate, compliant with JORC standards, will support the ongoing pre-feasibility study, which is crucial for the project’s development and stakeholder engagement.

More about CleanTech Lithium PLC

CleanTech Lithium PLC is an exploration and development company focused on advancing sustainable lithium projects in Chile. The company primarily engages in the exploration of lithium resources, aiming to contribute to the global electric vehicle and battery markets.

Average Trading Volume: 555,604

Technical Sentiment Signal: Sell

For an in-depth examination of CTL stock, go to TipRanks’ Overview page.

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