CleanTech Lithium PLC (AIM:CTL) CEO Ignacio Mehech joined Proactive's Stephen Gunnion to discuss a landmark moment for the company — securing one of the first long-term special lithium operating contracts ever awarded to a private company in Chile, providing up to 40 years of certainty.
The Laguna Verde PFS underpins the opportunity with a pre-tax NPV of $1.37 billion and operating costs below $6 per kilogram, placing it in the lowest cost quartile globally. With lithium prices recovering and supply deficits forecast to persist for a decade, Mehech believes the timing couldn't be better to begin selecting a strategic partner - a process he expects to conclude by year end.
Process trials in North America and Chile are also underway to produce battery-grade lithium carbonate and validate the project's processing flowsheet ahead of partner discussions.
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