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CleanTech Lithium is pursuing the special operating contract (CEOL) for the Laguna Verde salt flat in Atacama, Chile, where it holds 97.63% of the area. CEO Ignacio Mehech indicated strong optimism for securing the CEOL, which is the final step needed before construction can begin.

The company has invested $35 million in various projects, including Laguna Verde and Viento Andino. With lithium prices rising to over $20,000 per ton, CleanTech plans to establish an industrial-scale lithium processing plant in Copiapó. A prefeasibility study is expected once the CEOL process advances, and the company is in talks with over 20 potential financing partners.