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The latest announcement is out from CleanTech Lithium PLC ( (GB:CTL) ).
CleanTech Lithium PLC announced that its appeal to enter a streamlined process for a Special Lithium Operating Contract for its Laguna Verde project in Chile was not accepted by the Ministry of Mines. Despite this setback, the company plans to pursue the public tender process and remains confident in its position, having invested over $30 million in its Chilean operations and secured agreements with local indigenous communities. This development underscores CleanTech Lithium’s commitment to advancing sustainable lithium projects in alignment with Chile’s National Lithium Strategy.
More about CleanTech Lithium PLC
CleanTech Lithium PLC is an exploration and development company focused on advancing lithium projects in Chile for the clean energy transition. The company is committed to using Direct Lithium Extraction technology, which offers higher recoveries and shorter development lead times without aquifer depletion. CleanTech Lithium has two key projects in Chile, Laguna Verde and Viento Andino, and an exploration stage project in Arenas Blancas, located in the lithium triangle.
Average Trading Volume: 270,451
Technical Sentiment Signal: Sell
See more data about CTL stock on TipRanks’ Stock Analysis page.