CleanTech Lithium PLC (LSE:CTL) has completed the indigenous consultation process required for a Special Lithium Operating Contract (CEOL) at its Laguna Verde salar in Chile, representing an important regulatory and social milestone for the project.
The company said the consultations were concluded efficiently, which is expected to allow Chile’s Ministry of Mining to move forward with a more streamlined review of its CEOL application. Securing the contract would enable CleanTech Lithium to progress development activities at Laguna Verde, a project identified as a priority under Chile’s National Lithium Strategy.
Laguna Verde forms part of the government’s wider plan to expand lithium supply for electric vehicle batteries and energy storage systems. CleanTech Lithium’s existing agreements and working relationships with local indigenous communities are expected to support the next stages of the approval process and strengthen stakeholder alignment.
More about CleanTech Lithium PLC
CleanTech Lithium PLC is an exploration and development company focused on delivering sustainable lithium projects in Chile. The group employs Direct Lithium Extraction technology, designed to achieve higher recoveries and faster development timelines while avoiding aquifer depletion. Its project portfolio includes Laguna Verde, Viento Andino and Arenas Blancas, all located within the lithium triangle, a globally significant region for battery-grade lithium supply.
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