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CleanTech Lithium PLC
(LSE:CTL)
CleanTech Lithium PLC (CTL) vs. iShares MSCI United Kingdom ETF (EWC)
CleanTech Lithium PLC Business Overview & Revenue Model
CleanTech Lithium PLC Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -305.25K | 0.00 | -5.89M | -3.79M | 0.00 | 0.00 |
| Net Income | -6.21M | -7.24M | -5.89M | -3.80M | -1.21M | -144.33K |
Balance Sheet | ||||||
| Total Assets | 33.01M | 32.88M | 20.52M | 17.96M | 4.05M | 164.37K |
| Cash, Cash Equivalents and Short-Term Investments | 143.22K | 134.25K | 6.20M | 12.37M | 3.23M | 95.18K |
| Total Debt | 2.20M | 2.19M | 0.00 | 0.00 | 0.00 | 53.84K |
| Total Liabilities | 18.39M | 18.93M | 730.35K | 633.75K | 518.33K | 144.15K |
| Stockholders Equity | 14.63M | 13.95M | 19.79M | 17.33M | 3.53M | 20.22K |
Cash Flow | ||||||
| Free Cash Flow | -539.21K | -9.98M | -14.26M | -7.86M | -1.41M | -120.63K |
| Operating Cash Flow | -537.50K | -3.47M | -5.41M | -3.46M | -717.50K | -110.80K |
| Investing Cash Flow | -2.64M | -6.50M | -8.85M | -4.40M | -695.93K | -9.82K |
| Financing Cash Flow | 6.61M | 4.31M | 8.19M | 17.01M | 4.56M | 132.57K |
CleanTech Lithium PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | £33.90M | -11.36 | -7.78% | ― | ― | -19.57% | |
50 Neutral | £19.79M | -1.41 | -35.54% | ― | ― | ― | |
50 Neutral | £70.98M | -7.00 | -21.41% | ― | ― | -133.33% | |
48 Neutral | £77.68M | -21.61 | -17.14% | ― | ― | 54.72% | |
47 Neutral | £126.13M | -27.22 | -10.02% | ― | ― | ― |
CleanTech Lithium PLC Corporate Events
CleanTech Lithium PLC has appointed Cutfield Freeman & Company as financial advisor to secure a strategic partner and structure project financing for the next phase of development at its flagship Laguna Verde lithium project in Chile, as the company moves towards completion of a pre-feasibility study and advances its application for a Special Lithium Operating Contract. The move underscores the importance of funding as the Laguna Verde project approaches commercialisation, with management highlighting CF&Co’s strong track record in energy-transition minerals and junior mining finance as a key asset in attracting suitable partners and unlocking the project’s full value in a competitive battery metals market.
The most recent analyst rating on (GB:CTL) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on CleanTech Lithium PLC stock, see the GB:CTL Stock Forecast page.
CleanTech Lithium has submitted an application for a Special Lithium Operating Contract (CEOL) for its flagship Laguna Verde project via its Chilean subsidiary Atacama Salt Lakes SpA, entering the Chilean government’s streamlined, direct negotiation process well ahead of the late-January deadline. The company holds more than 97% of the mining concessions in the relevant polygon, has formed a consortium with an experienced minerals partner to comfortably meet the financial capability criteria, and expects no competing applications, positioning it strongly under Chile’s National Lithium Strategy. Management says a pending legal case over certain Laguna Verde licences will not affect the CEOL bid because those licences sit in a separate subsidiary and are not required to surpass the 80% concession threshold, while a pre-feasibility study for Laguna Verde, led by Worley, is being finalised and is expected to be published once the company is admitted into direct negotiations, providing a platform for more advanced talks with potential strategic partners.
The most recent analyst rating on (GB:CTL) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on CleanTech Lithium PLC stock, see the GB:CTL Stock Forecast page.
In his first year-end message as CEO, Ignacio Mehech outlined how CleanTech Lithium has continued to progress its Chilean lithium assets despite difficult market conditions, including strengthening relationships with government, indigenous communities, investors and potential strategic partners. Key 2025 milestones included an upgraded resource estimate at flagship Laguna Verde to 1.9 million tonnes of lithium carbonate equivalent, with 0.84 million tonnes in the Measured and Indicated category, ongoing pre-feasibility work, and the production of 99.78% purity lithium carbonate at its Copiapó pilot plant. The company also reported encouraging results from test work with DuPont’s new nanofiltration membrane technology that has improved impurity removal and lithium recovery, supporting its strategy to cut capital and operating costs and reinforce its positioning as a leader in sustainable, technologically advanced lithium production in Chile. Looking to 2026, CleanTech plans to submit a Special Lithium Operating Contract application for Laguna Verde under Chile’s streamlined CEOL process, publish the project’s pre-feasibility study, and move towards final investment decisions, which could enable deeper engagement with strategic partners and potentially accelerate the path to commercial production.
CleanTech Lithium PLC announced that all resolutions put to shareholders at its Annual General Meeting were duly passed, confirming shareholder support for the company’s current strategy and governance. The successful AGM vote reinforces the company’s ability to progress its Chilean lithium projects and its chosen Direct Lithium Extraction approach, underpinning its positioning as a sustainable supplier in the increasingly competitive battery materials market.
CleanTech Lithium PLC has announced that Chile’s Ministry of Mining has officially opened a new streamlined application process for Special Lithium Operating Contracts (CEOLs), with the window for submissions running until 30 January 2026 and a stated 30‑day response time once applications are accepted. The company plans to submit an application for a CEOL covering its flagship Laguna Verde project in the near term, following successful indigenous consultations, positioning it to enter negotiations with the government early next year and potentially accelerating the regulatory pathway needed to bring its Chilean lithium resources into production.
CleanTech Lithium PLC has successfully concluded indigenous consultations for the Special Lithium Operating Contract (CEOL) in the Laguna Verde salar, marking a significant step forward in its lithium project development in Chile. This rapid conclusion is expected to lead to a streamlined application process by the Ministry of Mining, enhancing the company’s ability to secure a CEOL and advance its operations. The Laguna Verde project is prioritized under Chile’s National Lithium Strategy, aimed at increasing lithium production for the electric vehicle and energy storage markets. CleanTech Lithium’s established partnerships with indigenous communities position it favorably for the upcoming CEOL application process, potentially impacting its industry standing and stakeholder interests positively.
CleanTech Lithium PLC is facing a legal claim against its subsidiary, CleanTech Laguna Verde SpA, regarding a delayed payment under a sale and purchase agreement for mining concessions at Laguna Verde. The legal proceedings occurred without the subsidiary’s knowledge, resulting in a lien on its share capital. The company is seeking to annul the proceedings due to improper service and is confident of a favorable outcome. The directors assert that this issue does not affect their application for a special lithium operating contract at Laguna Verde.
CleanTech Lithium PLC announced its upcoming Annual General Meeting scheduled for December 22, 2025, and highlighted a shift towards electronic communication with shareholders. This move is aimed at reducing environmental impact and cutting costs by publishing statutory documents and communications on the company’s website. This strategic decision underscores CleanTech Lithium’s commitment to sustainability and operational efficiency, potentially enhancing its reputation and stakeholder relations.
CleanTech Lithium PLC announced an updated resource estimate for its Laguna Verde project, reflecting a 17% increase in lithium carbonate equivalent to 1.9 million tonnes, following the acquisition of additional licenses. This update positions Laguna Verde as a leading project in Chile’s lithium sector, enhancing its potential as a future producer for the global EV and battery market. The resource estimate, compliant with JORC standards, will support the ongoing pre-feasibility study, which is crucial for the project’s development and stakeholder engagement.
CleanTech Lithium PLC has announced the issuance of equity and partial redemption of convertible loan notes, raising approximately £150,000 through the issuance of 3,000,000 new Ordinary Shares. This move was made to accommodate shareholders who were unable to participate in a previous fundraising due to administrative constraints. The proceeds will be used to partially redeem convertible loan notes, reducing future dilution and strengthening the company’s balance sheet, as well as for general working capital to support strategic objectives. This development is expected to enhance the company’s financial stability and inclusivity among its investors.
CleanTech Lithium PLC has raised approximately £150,000 through the issuance of 3,000,000 new ordinary shares, with proceeds partially used to redeem convertible loan notes, thereby reducing future dilution and strengthening the balance sheet. This move follows a previous fundraising effort in August 2025, aimed at acquiring additional licenses and progressing technical workstreams. The recent subscription was conducted to accommodate shareholders who were unable to participate earlier due to administrative constraints, reflecting the company’s commitment to inclusivity and fairness.
CleanTech Lithium PLC announced an update regarding its Laguna Verde Licence Payments, stating that it has deferred the second and third payments under the Laguna Verde Purchase Agreement. This decision does not affect the company’s current ownership of the licences, although the vendors could gain a minority interest in the subsidiary holding the licences. The company plans to engage with the vendors and expects no impact on its future CEOL application for the project. CleanTech Lithium remains focused on advancing its projects in Chile, with ongoing indigenous consultations and a streamlined application process anticipated.
CleanTech Lithium PLC has announced an investor webinar to be hosted by Dr. Steve Kesler and Ignacio Mehech on October 16, 2025, following a recent equity raise. The webinar aims to engage existing and potential shareholders by discussing the evolving lithium sector and the company’s growth strategy in Chile. This initiative reflects CleanTech Lithium’s commitment to transparency and stakeholder engagement, potentially strengthening its market position in the sustainable lithium industry.