RCS - CleanTech Lithium - Strategic Partnership - The University of Atacama

Cleantech LithiumAnnouncement

26/10/2023 08:00

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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.

 

 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."

 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                 +49 69 1532 5857

 Dr. Eva Reuter

 Porter Novelli - Chile                        +569 95348744

 Ernesto Escobar                               Ernesto@publicoporternovelli.cl

 Harbor Access - North America                 +1 475 477 9401

 Jonathan Paterson/Lisa Micali

 Beaumont Cornish Limited                      +44 (0) 207 628 3396

 (Nominated Adviser)

 Roland Cornish/Asia Szusciak

 Fox-Davies Capital Limited                    +44 20 3884 8450

 (Joint Broker)
 Daniel Fox-Davies                             daniel@fox-davies.com (mailto:daniel@fox-davies.com)

 Canaccord Genuity Limited                     +44 (0) 207 523 4680

 (Joint Broker)

 James Asensio

 Gordon Hamilton

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
(http://www.ctlithium.com/)

 

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