CleanTech Lithium (AIM:CTL, OTC CTLHF.PKC) is a carbon neutral lithium development company in Chile. Its mission is to produce battery grade, net-zero lithium and be the greenest lithium supplier to the EV market.
Based in the lithium triangle, the world’s centre for battery grade lithium, the Company holds licences over three substantial lithium projects (521km2) – Laguna Verde, Francisco Basin and Llamara. Total lithium resources exceed 2 million tonnes LCE. Laguna Verde has robust economics demonstrating a NPV8 of US$1.83bn and IRR of 45.1% for 30 years of production at 20,000tpa. CleanTech will utilise Direct Lithium Extraction, a proven technology and renewable power, to achieve sustainable commercial scale production in 2025.
Cash: GBP$10 M
Debt: NIL