CleanTech Lithium 'highly encouraged' as DLE pilot plant in Chile produces high-quality eluate
May 14, 2024 at 07:43 pm IST
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CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) executive chairman Dt Steve Kesler discusses results from the company's Direct Lithium Extraction (DLE) pilot plant in Chile, emphasising its effectiveness in purifying and concentrating lithium from brine, which contains other elements like calcium and magnesium.
Kesler explained that the process increases lithium concentration from around 200 parts per million to over 2,000 parts per million through reverse osmosis. This purified lithium chloride solution is then processed further to produce battery-grade lithium carbonate, demonstrating capabilities beyond initial design expectations.
Kesler also mentioned partnerships with third-party processors in Chicago to advance production capabilities and stressed the sustainability of the extraction method, which uses renewable energy and minimal water. This approach positions CleanTech Lithium favourably to attract potential partners and off-takers, focusing on sustainable and high-quality lithium production for the battery industry.
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CleanTech Lithium PLC is a Jersey-based exploration and development company advancing sustainable lithium projects in Chile. The Companyâs assets consist of four prospective lithium projects, spanning approximately 1,250 square kilometers (km2) in the lithium triangle in Chile. Its projects include Laguna Verde, Francisco Basin, Llamara and Salar de Atacama. Its Laguna Verde and Francisco Basin projects are located 300 kilometers (km) by road from the mining center of Copiapo in the Atacama region of Chile. The Laguna Verde Project features a hypersaline lake covering approximately 15.2 km2 and consists of 108 mining licenses at the low point of the basin with a large sub-surface. Francisco Basin Project has a total exploration license area of over 127 km2. Llamara is a greenfield lithium exploration project with a license area totaling over 344 km2 located in the Pampa del Tamarugal basin. Salar de Atacama project covers a total area of over 377 km2.