Clontarf Energy Advances in Lithium Market

Clontarf Energy (GB:CLON) has released an update.

Clontarf Energy, an oil and gas exploration company, has announced preliminary results for the year ending December 31, 2023, with a focus on advancing its lithium business in South America and contributing to the EU’s Critical Resource Initiative. Progress includes encouraging laboratory testing of lithium samples and the construction of an initial pilot plant in India, with plans to engage in the next phase of Bolivia’s expanded convocatoria for lithium extraction. Despite market confusion due to policy changes, Clontarf remains on track and optimistic about EU-backed initiatives to finance and develop lithium projects, positioning itself strategically in the Lithium Triangle.

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