Clontarf Energy (LSE:CLON) has reported encouraging progress in its trials of direct extraction methods for lithium and magnesium. The breakthrough suggests new potential revenue streams and could strengthen the company’s standing in the resource market. Work is advancing at its pilot facility in India, while expansion into Bolivia is under consideration, supported by a more favorable political environment and the prospect of financial backing from the European Union. With global concerns over resource security, Clontarf is positioning itself to supply the rising demand for high-grade lithium and magnesium.
About Clontarf Energy
Clontarf Energy plc is focused on developing clean lithium brine projects in Bolivia, alongside oil and gas exploration in Australia and Africa. The company is working to refine direct extraction technologies for lithium and magnesium from brines, aiming to raise purity levels and accelerate production—potentially reshaping standards across the sector.
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