CleanTech Lithium PLC (LSE:CTL) has released its audited 2024 results, showcasing meaningful advancements at its flagship Laguna Verde lithium brine project in Chile. The company confirmed a JORC-compliant resource estimate of 1.63 million tonnes of Lithium Carbonate Equivalent (LCE), reinforcing the project’s long-term production potential.
Progress on Regulatory Front and Technology Deployment
CleanTech continues to pursue a Special Lithium Operation Contract (CEOL) from the Chilean government, which is vital for progressing to commercial production. Meanwhile, the company is actively advancing its proprietary Direct Lithium Extraction (DLE) technology, which has yielded high-purity lithium carbonate in early-stage testing. The approach supports CleanTech’s sustainability goals by minimizing environmental impact and water use compared to traditional lithium extraction methods.
Strategic Expansion and Community Engagement
In a move to broaden its capital markets reach, CleanTech is also seeking a dual listing on the Australian Securities Exchange (ASX). This initiative is expected to attract increased investor interest, particularly from markets with a strong focus on energy transition and battery minerals. The company has also strengthened its local engagement efforts, emphasizing transparent communication with communities in the Atacama region.
Outlook
Despite a challenging market backdrop for lithium developers, CleanTech Lithium remains focused on delivering long-term value through innovation, environmental responsibility, and regulatory alignment. With a robust resource base and growing technological capabilities, the company is well-positioned to support the accelerating global shift toward electric mobility and renewable energy storage.
About CleanTech Lithium
CleanTech Lithium PLC is a UK-listed exploration and development company with a strategic focus on sustainable lithium production in Chile. Leveraging cutting-edge DLE technology, the company targets high-purity lithium output from brine resources, aiming to supply the rapidly growing electric vehicle and energy storage markets.
Leave a Reply