CleanTech Lithium Aims for CEOL in Chile's Laguna Verde to Become Next Major Lithium Project
CleanTech Lithium's CEO Ignacio Mehech expressed optimism about obtaining the special operating contract (CEOL) for Laguna Verde, located in Atacama, Chile. The company owns 97.63% of the area, exceeding the 80% requirement. With current lithium prices above $20,000 per ton, CleanTech plans to build an industrial-scale plant in Copiapó for lithium processing. They have invested $35 million in Chile, and the prefeasibility study for Laguna Verde is forthcoming. The company is also working with Cutfield Freeman & Company Limited to secure a financing partner.
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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.
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