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The latest update is out from CleanTech Lithium PLC ( (GB:CTL) ).
CleanTech Lithium PLC announced an updated resource estimate for its Laguna Verde project in Chile, now totaling 1.63 million tonnes of Lithium Carbonate Equivalent (LCE) with 0.81 million tonnes in the Measured and Indicated category. The updated estimate, based on new exploration data, positions Laguna Verde as a promising project in the lithium brine sector, contributing to Chile’s potential as a leading lithium producer. This update will inform a Pre-Feasibility Study, which is a critical step in securing a Special Operating Contract for Lithium (CEOL) from the Chilean government.
More about CleanTech Lithium PLC
CleanTech Lithium PLC is an exploration and development company focused on advancing sustainable lithium projects in Chile. The company is primarily engaged in lithium extraction, with a market focus on the global electric vehicle and battery sectors.
YTD Price Performance: -14.71%
Average Trading Volume: 222,235
Technical Sentiment Consensus Rating: Buy
Learn more about CTL stock on TipRanks’ Stock Analysis page.