CleanTech Lithium PLC Advances Laguna Verde Project Amidst Market Challenges

CleanTech Lithium PLC ( (GB:CTL) ) just unveiled an announcement.

CleanTech Lithium PLC announced its audited final results for 2024, highlighting significant progress in its flagship Laguna Verde project. The company declared a JORC-compliant resource of 1.63 million tonnes of Lithium Carbonate Equivalent, with ongoing efforts to secure a Special Lithium Operation Contract (CEOL) from the Chilean government. Despite challenges, CleanTech has advanced its Direct Lithium Extraction technology, producing high-purity lithium carbonate and engaging with local communities. The company is also pursuing a dual-listing on the ASX to expand its investor base, while focusing on sustainability and regulatory approvals to enhance its market presence.

More about CleanTech Lithium PLC

CleanTech Lithium PLC is an exploration and development company focused on advancing lithium projects in Chile. The company is engaged in the production of lithium carbonate through its Direct Lithium Extraction (DLE) technology, with a primary focus on the Laguna Verde project. CleanTech aims to position itself as a key player in the sustainable lithium supply market, driven by the growing demand for electric vehicles and battery energy storage systems.

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Technical Sentiment Signal: Sell

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