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IN BRIEF: CleanTech Lithium at "exciting milestone" on new pilot plant

4th Sep 2023 10:18

CleanTech Lithium PLC - Chile-focused lithium exploration and development company - Says first of two parts of USD2 million direct lithium extraction pilot plant, ordered from Sunresin in the first quarter of 2023, have arrived at its facility in Copiapo, northern Chile. Installation is currently in progress. Order comprises the plant's DLE columns and rotary valve. The second shipment, comprising an electrical cabinet, pumps and auxiliary equipment, should arrive in the coming weeks. CleanTech expects to finalise commissioning in the fourth quarter.

Chief Executive Officer Aldo Boitano says: "It is an exciting milestone for the company to see the DLE pilot plant equipment arrive...Once operational, our aim is to produce up to one tonne per month of lithium carbonate using direct lithium extraction, which, we believe, will be the future of lithium production in Chile."

Current stock price: 54.20 pence, up 2.3% in London on Monday

12-month change: up 15%

By Emma Curzon, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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