CleanTech Lithium’s Laguna Verde update: robust PFS in progress

Proactive - Interviews for investors

CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) executive chairman Dr Steve Kesler talked with Proactive's Stephen Gunnion about the company’s progress on its Laguna Verde Project, including an updated Pre-Feasibility Study (PFS) aimed at attracting strategic investment partners. Kesler shared insights on various developments, such as a new configuration that divides the plant between Laguna Verde and Copiapó. This setup enables CleanTech Lithium to leverage local technical support and streamline operations for future projects, like Viento Andino. Addressing renewable energy options, Kesler emphasised Laguna Verde’s unique positioning within a high irradiance zone, ideal for solar power. This could support self-generated energy through a combination of solar and wind, with battery storage as a potential backup. In addition, CleanTech Lithium is exploring electric truck options to reduce emissions in transporting materials between Laguna Verde and Copiapó, aligning with the company’s commitment to carbon neutrality. Further updates included progress on drilling and hydrogeological modelling with Montgomery consultants, essential for enhancing resource understanding and planning for extraction wells. CleanTech Lithium anticipates finalising the PFS in early 2025, aiming to present a robust study that could expedite the project’s advancement. As Kesler explained, “The better the information, then the more likely they will next step into the project.”