CleanTech Lithium PLC (GB:CTL) has released an update.
CleanTech Lithium PLC, a sustainable lithium project developer in Chile, has announced the successful trial of industrial forward osmosis (iFO) technology in its DLE pilot plant, which is expected to reduce energy consumption and CO2 emissions by up to 60%. The innovative iFO method not only offers higher water recovery rates but also improved efficiency when powered by solar thermal energy. This advancement positions CleanTech Lithium as a leader in sustainable lithium carbonate production for batteries, with the potential to significantly lower both operating and capital costs.
For further insights into GB:CTL stock, check out TipRanks’ Stock Analysis page.
