London South East kicked off September with four terrific companies presenting live on Tuesday September 6.
Aldo Boitano, the CleanTech CEO joined us from Santiago, Chile and took us through the rapid development and commercialisation of the #CTL business. CTL wholly own two salars or salt lakes high in the Andes in Chile. A resource estimate update is due shortly but for now the reserve estimate is 1.2 million tonnes. The project is low cost and high return because direct lithium brine extraction is significantly cheaper and faster than hard rock and evaporation methods. It is also environmentally sound which speeds licencing decisions and makes it attractive to the EV battery industry.
Aldo emphasised that they are one of the few credible lithium plays without an offtake agreement in place, which makes them very attractive as an investment.
#AIM #CTL #LITHIUM #LITHIUMBRINE #ALDOBOITANO #SALARS #LEGUNAVERDE #FRANCISCO BASIN #OFFTAKE #RESOURCE #CHILE