Price Target Changed • Jun 11
Price target decreased by 15% to UK£0.17 Down from UK£0.20, the current price target is provided by 1 analyst. New target price is 188% above last closing price of UK£0.059. Stock is down 16% over the past year. The company is forecast to post a net loss per share of UK£0.025 next year compared to a net loss per share of UK£0.096 last year. Announcement • Jun 10
CleanTech Lithium Plc has completed a Follow-on Equity Offering in the amount of £0.603825 million. CleanTech Lithium Plc has completed a Follow-on Equity Offering in the amount of £0.603825 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,063,749
Price\Range: £0.06
Security Features: Attached Warrants
Transaction Features: Regulation S Announcement • Apr 18
CleanTech Lithium PLC Trials to Further Validate PFS Process Design CleanTech Lithium PLC announced an update on two trials being undertaken in North America and in Santiago, Chile, to produce battery grade lithium carbonate from the Laguna Verde project. The trials are focused on replicating and validating the process design that has been defined in the Laguna Verde Pre-Feasibility Study (PFS). In North America, stage two of the downstream processing of eluate produced by the DLE pilot plant located in Chile, into battery grade lithium carbonate has commenced. The first stage of this work was undertaken by Conductive Energy and reported to the market in January 2025. Conductive Energy was acquired by Empower EIT over the course of 2025, with Empower establishing an advanced lithium processing facility in Dallas, USA. This second stage of eluate conversion will process more than 60m3 of concentrated eluate at the new facility. The nanofiltration stage of the process will utilise an advanced membrane developed by DuPont Water Solutions to maximise impurity removal and lithium recovery. Approximately 300kg of battery grade lithium carbonate are expected to be produced in Second Quarter 2026 and made available to potential strategic partners for product qualification. Concurrently, a smaller scale pilot programme is underway utilising the pilot plant of Lanshen Technology, located in Santiago, Chile. This pilot plant replicates the process flowsheet developed with Lanshen for the Laguna Verde PFS and aims to demonstrate the robustness of the process design and provide a high degree of validation of the process parameters used in the PFS. A volume of 24m3 of feed brine from Laguna Verde is being processed into more than 5kg of battery grade lithium carbonate. In Second Half 2024, a total of 88m3 of concentrated eluate produced at the DLE pilot plant located in Copiapó, Chile, was shipped to the facilities of Conductive Energy in Chicago, USA, for conversion into lithium carbonate. A total of 27.5m3 of eluate was processed in this first stage trial which produced approximately 50kg of lithium carbonate. Conductive Energy entered an extended acquisition process in 2025 which culminated in it being acquired by Empower EIT. With the establishment of Empower's new 1,600m2 facility based in Dallas, Texas, stage two processing has commenced on the remaining approximately 60m3 of concentrated eluate. A nanofiltration stage has been added to remove divalent ions from the eluate which should further reduce impurities in the battery grade lithium carbonate product. For the nanofiltration stage, Empower and CleanTech will build on previous collaboration with DuPont Water Solutions, which has developed a new nanofiltration membrane to remove impurities and maximize lithium recovery. The stage two trial aims to produce approximately 300kg of battery grade lithium carbonate. Lithium carbonate product will be sent to a laboratory in North America to be verified as battery-grade (more than 99.5%) and meeting Chinese Standard GBT 23853-2022 Type 1 for minor impurities. Samples will be available for product qualification by potential strategic partners. An initial volume of battery grade lithium is expected to be produced in the coming weeks, and the processing of the total volume of 60m3 of eluate is targeted to be completed by the end of next month. CleanTech selected Lanshen's technology for the DLE stage of the process design used in the Laguna Verde PFS with the downstream conversion process design also developed with Lanshen. For the purposes of validating the PFS process design, CleanTech Lithium PLC has engaged Lanshen to complete a trial at Lanshen's pilot plant in Santiago, Chile to produce battery grade lithium carbonate from Laguna Verde feed brine. This trial will test both the specific DLE adsorbent and the flow-sheet used for the downstream conversion process in the PFS. It will also evaluate key materials, reagents and equipment, and verify the PFS assumptions for the capacity of DLE modules and water consumption rates. A volume of 24m3 of feed brine from Laguna Verde is being processed into more than 5kg of battery grade lithium carbonate with the test-work expected to be completed and the results reported to the market in the current quarter. Purified, lithium-rich solution produced as the output of the Direct Lithium Extraction process. The eluate being processed by Empower was produced by processing Laguna Verde brine through CleanTech Lithium's DLE pilot plant, which selectively removes lithium while rejecting more than 99% of key impurities including calcium, magnesium and sodium. The resulting lithium chloride eluate was further concentrated using reverse osmosis to be further processed downstream to produce battery-grade lithium carbonate. 
