Source - LSE Non-Regulatory
RNS Number : 3188R
CleanTech Lithium PLC
26 October 2023
 

26 October 2023

 

CleanTech Lithium PLC ("CleanTech Lithium", "CTL" or the "Company")

Commences Strategic Partnership with The University of Atacama in Chile

 

CleanTech Lithium PLC (AIM: CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company advancing sustainable lithium projects in Chile for the clean energy transition, is pleased to announce that the Company has entered into a strategic partnership (the "Partnership") with the University of Atacama (the "University") in Chile. This is the University's inaugural agreement with a lithium-focused company.

 

The Partnership aims to secure a sustainable and skilled workforce, develop research initiatives and nurture the next generation of lithium industry professionals in the Atacama region. The University is in Copiapó, a historic mining town in the northern part of the Atacama region, and in proximity to CTL's operations office which is in the centre of the town near the regional government offices. The collaboration confirms the shared commitment to support the global clean energy transition while advancing the socio-economic development in the region.

 

A group of people standing in front of a sign Description automatically generated

Figure 1: Marcela Sepúlveda (left), CTL Community Relations Manager, and Álvaro Florez (centre), CTL Legal Manager, with representatives from the University of Atacama.

 

Marcela Sepúlveda, Community Relations Manager, CleanTech Lithium said: "We are delighted to announce this partnership with the University of Atacama, which is a testament to our unwavering commitment to sustainable development, innovation, and the empowerment of the communities in which we operate.

 

"The partnership is paving the way for a robust and sustainable workforce to produce lithium and will help cement CleanTech Lithium as an industry leader in Chile. We look forward to advancing this collaboration and eagerly anticipate the positive impact this partnership will have on the lithium sector and the Atacama region."

A group of men holding papers Description automatically generated

Figure 2: Forlín Aguilera Olivares, Chancellor, University of Atacama (left), with Álvaro Florez, CTL Legal Manager, with the signed partnership agreement.

 

 

Forlín Aguilera Olivares, Chancellor, University of Atacama, commented: "This signing of the agreement is part of the various initiatives that the University is carrying out to strengthen the lines of action with territorial relevance, and there is no doubt that this includes the development of lithium. We must intensify our efforts to strengthen the generation of knowledge and transfer technologies that contribute to greater environmental protection.

 

"To contribute, as a state university in the region, to the sustainable development of our productive mechanisms and leverage, so that they can reach a successful conclusion. This agreement is part of these challenges that we have as an institution, so we are very happy to materialise this joint work, this public-private synergy, which is fundamental."

 

 

For further information contact:

 

 

 

CleanTech Lithium PLC

 

 

Aldo Boitano/Gordon Stein

Jersey office: +44 (0) 1534 668 321

Chile office: +562-32239222



Or via Celicourt

 

Celicourt Communications         

+44 (0) 20 7770 6424


Felicity Winkles/Philip Dennis/Ali AlQahtani

 

 

cleantech@celicourt.uk

 

Dr. Reuter Investor Relations

Dr. Eva Reuter

 

Porter Novelli - Chile

Ernesto Escobar

 

Harbor Access - North America

Jonathan Paterson/Lisa Micali

 

Beaumont Cornish Limited

(Nominated Adviser)

Roland Cornish/Asia Szusciak

 

+49 69 1532 5857

 

 

+569 95348744

Ernesto@publicoporternovelli.cl

 

+1 475 477 9401

 

 

+44 (0) 207 628 3396

 

Fox-Davies Capital Limited

(Joint Broker)

+44 20 3884 8450

 

Daniel Fox-Davies

 

Canaccord Genuity Limited

(Joint Broker)

James Asensio

Gordon Hamilton

 

daniel@fox-davies.com

 

+44 (0) 207 523 4680

 

 

Notes

About CleanTech Lithium

CleanTech Lithium (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF) is an exploration and development company advancing sustainable lithium projects in Chile for the clean energy transition. Committed to net-zero, CleanTech Lithium's mission is to produce material quantities of battery grade using sustainable Direct Lithium Extraction technology, powered by renewable energy, the Company plan to be the leading supplier of 'green' lithium to the EV and battery manufacturing market.

CleanTech Lithium has four lithium projects - Laguna Verde, Francisco Basin, Llamara and Salar de Atacama - located in the lithium triangle, the world's centre for battery grade lithium production. The two major projects: Laguna Verde and Francisco Basin are situated within basins controlled by the Company, which affords significant potential development and operational advantages. All four projects have direct access to existing infrastructure and renewable power.

CleanTech Lithium is committed to using renewable power for processing and reducing the environmental impact of its lithium production by utilising Direct Lithium Extraction. Direct Lithium Extraction is a transformative technology which removes lithium from brine, with higher recoveries and purities. The method offers short development lead times, low upfront capex, with no extensive site construction and no evaporation pond development so there is no water depletion from the aquifer. www.ctlithium.com

 

**ENDS**

 

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