Cleantech Lithium Share Discussion Threads

[charina] 03/6/2022 13:08

Gordon Stein, CFO of CleanTech Lithium, is presenting at the Global Mining Finance conference in London next Tuesday, 7th June, commencing at 09.45 in the morning.


Shareholders and all those interested in the company, or the mining sector in general, are welcome to attend.


The conference is being opened by Alasdair Macleod, Head of Research for Goldmoney.com of Toronto. Alasdair is a leading authority in the gold sector.


This is a morning event, with two coffee networking sessions, and a buffet luncheon with wine and refreshements to follow.

These are wonderful events, and give the opportunity to chat to the CEO's, fellow investors, and city professionals in an informal setting, and to exchange ideas and tips.


If anyone would like a free delegate pass, please email [e-mail]


I will be delighted to supply full details and register you.

Please note, advance registration is required.


The nearest stations are Moorgate, Bank, Cannon Street, or Liverpool St.

All are a few minutes walk away from the venue.

[3put] 26/5/2022 12:46

Looks like an excellent team, one of them was the head of processing at SQM. 24bn mcap I believe

[smackeraim] 26/5/2022 09:53

Ey up! Seller done?

[smackeraim] 18/5/2022 20:47

There's a telegram group for this here https://t.me/+fpNuF3wpKxEyM2E0

[hedgehog 100] 11/5/2022 17:10

The closest comparator to CTL is Galan lithium, which also operates in Chile:

"GALAN LITHIUM LTD
ASX Code: GLN
FSX Code: 9CH
Australian based international mining company developing high grade lithium brine projects in the lithium triangle region of South America."



Current Galan Lithium (GLN) market capitalisation at AU$1.50: AU$448.98M. (c. £255M.)

GLN has fallen back recently along with lithium stocks in general, but has still more than ten-bagged since Autumn 2020 (12c. in October 2020), from a similar market cap. to CTL's at the moment.


CTL's year end is 31st. December, so we're currently in the close period before the company's full year results.

They should be announced soon though, after which the directors will be able to buy shares.

[smackeraim] 11/5/2022 11:26

Copper is, but that was done like 50 years ago. Different days now.

[smackeraim] 11/5/2022 11:21

There's chatter of it, but doubt it will happen. SQM is Chile's largest listed company, was largest global Lithium producer, listed on NYSE, 20 billion m/c. There are very few state owned co's in Chile, 2 banks (the central bank obvs), state oil, tv, copper. Would be a huge gamble taking out one of the nations biggest employers.

[on target] 11/5/2022 10:55

Could be because it's in Chile. Lots of talk of nationalisation.

[smackeraim] 11/5/2022 10:44

You wouldn't think they're about to move 1.16m tonnes of lithium LCE into measured and indicated category.. and produce the first kilo of battery grade lithium using the extraction tech .. :-)

[hedgehog 100] 11/5/2022 10:28

Excluding the initial premium to the 30p IPO price, CTL hasn't had a decent rise since it floated nearly two months ago, despite a plethora of good news.

Surely it must be due one.

Even a return to the IPO level of 30p would be a decent rise from the current 24p level.

There have been many examples this year of small mining sector companies falling to crazily low level in bad stock market periods, and then rebounding handsomely.

[smackeraim] 10/5/2022 18:57

Took a few. Couple of large prints after close. Probably getting near end of any pre ipo that want out.

[hedgehog 100] 10/5/2022 14:33

A crazy drop from 26p at about noon, on modest volumes, to just 21p at about 1.30p.m., - perhaps some fishing for & or triggering of stop losses.

But already starting to rebound - now 22.5p.

[hedgehog 100] 04/5/2022 11:12

Thanks to Trojan on LSE for flagging up this new CTL video interview on Proactive Investors today:

"CleanTech Lithium discusses the company's ongoing drilling projects

Boitano is speaking at Mines & Money in London

Jai Singh
09:48 Wed 04 May 2022

Aldo Boitano, chief executive officer of CleanTech Lithium PLC (AIM:CTL), joins Katie at the exhibition centre at the Mines and Money conference in London.

CleanTech Lithium has the Laguna Verde and Francisco Basin lithium projects in Chile.

Boitano said production at the two drilling campaigns should end this May."

[hedgehog 100] 04/5/2022 09:48

In terms of company progress - both corporate and mining - things couldn't really be going much better for CTL since its floatation in March.

The company has hit the ground running, and its prospects are looking better than ever.

Moreover, the company has demonstrated that it intends to keep investors well-informed, with a regular stream of meaningful newsflow.

And the company is well-funded, having raised £4M. in the autumn, and £5M. in March.

In addition, lithium is the hottest sector in mining, and CTL looks well-undervalued compared to its peers.

It seems crazy that the share price is languishing at just 28p, but things can change fast in investment, and there must be a great change of strong share price progress from here - and soon.

[smackeraim] 27/4/2022 19:16

https://auto.economictimes.indiatimes.com/news/auto-components/chiles-sqm-to-invest-900-million-as-lithium-capacity-expands/91117344

[hedgehog 100] 27/4/2022 17:32

Hopefully that's a CTL chart double bottom now formed at below the 30p placing price.

It's about time that CTL's progress and prospects started to be more fully reflected in its valuation.

[hedgehog 100] 27/4/2022 09:45

Thanks to Trojan on LSE for flagging up this CTL mention on Proactive Investors yesterday:

"CleanTech Lithium lifted as it signs technology deal with US group KMX

A look at the major movers on the London market on Tuesday

Nick Fletcher
15:38 Tue 26 Apr 2022

CleanTech Lithium PLC (AIM:CTL) has signed an agreement with Texas based KMX Technologies for its Laguna Verde and Francisco Basin projects in Chile.

The memorandum of understanding with KMX, a market leader in vacuum membrane distillation, will establish a commercial framework for using KMX´s technology to concentrate lithium, while achieving higher water recovery and lower energy intensity.

CleanTech said the move was in line with its strategy to produce battery grade lithium by the second half of 2024, with near zero carbon emissions and the lowest environmental impact.

CleanTech chief executive Aldo Boitano said: "This memorandum is another important step in our mission to produce sustainable battery grade lithium for the electric vehicle industry with the lowest environmental impact and CO2 footprint.

"By utilising a best-in-class technology which concentrates lithium in a single stage process with higher water recovery and lower energy usage and compliments our commitment to use 100% renewable energy and Direct Lithium Extraction process, we believe, once in production, we will be one of the greenest lithium producers globally."

CleanTech's shares are 5.44% better at 28.89p."




Interestingly, Texas is also where Tesla's main factory is located, which is perhaps a pointer to a future CTL link:

"Giga Texas
From Wikipedia, the free encyclopedia

Gigafactory Texas (also Tesla Gigafactory 5 or Giga Texas) is an automotive manufacturing facility near Austin, Texas built by Tesla, Inc. Construction began in July 2020,[1] limited production of Model Y began before the end of 2021,[2][3] and initial deliveries of vehicles built at the factory took place at an opening party called “Cyber Rodeo” on April 7, 2022.[4]

The factory is also planned to be the main factory for the Tesla Cybertruck and the Tesla Semi, and will produce Model 3 and Model Y cars for the Eastern United States.[2][5][6] It also serves as the site of Tesla's corporate headquarters.[7] It is the country's biggest factory by size as well as the second largest building in the world by volume.[8] ..."

[smackeraim] 27/4/2022 00:39

They're working with Cornish Lithium too, which is a pretty high profile project here. https://kmxtechnologies.com/kmx-and-cornish-lithium-partner-to-enhance-lithium-production/

[smackeraim] 27/4/2022 00:36

Todays news a follow up from letter of intent last year. Working closer on it now. https://kmxtechnologies.com/kmx-and-cleantech-lithium-team-up-to-enhance-cleantechs-lithium-production/Interesting technology https://kmxtechnologies.com/kmx-technology/

[hedgehog 100] 26/4/2022 18:32

26/04/2022 07:00 UK Regulatory (RNS & others) CleanTech Lithium PLC Memorandum of Understanding with KMX Technologies LSE:CTL Cleantech Lithium Plc
" ...Additionally, the Company is expecting laboratory scale DLE work that aims to produce 1Kg of battery grade Lithium from its Laguna Verde project to be completed by the end of April. Following this, the focus of process test work will be the construction of a pilot plant that aims to produce 10 tonnes of battery grade Lithium per month...."



This pilot plant should actually generate quite significant revenues for CTL.

10 tonnes of battery grade lithium (LCE) p.c.m. x c. £60K./tonne = c. £7.2 million p.a.


"Lithium prices pause in April, but not a sign of “wider market correction”

Frik Els | April 20, 2022 | 2:18 pm Battery Metals Markets China Lithium

Surging lithium carbonate and hydroxide prices in China took a breather in April, according to Benchmark Mineral Intelligence, but for chemical processors and battery manufacturers struggling to deal with prices doubling so far in 2022 the lull is unlikely to last.

The mid-April assessment by the London-HQed battery supply chain researcher and price reporting agency shows battery grade lithium carbonate (EXW China, ≥99.5% Li2CO3) down just under 1% over two weeks, but still within shouting distance of $80,000 a tonne. In April last year it was trading around $15,000. ..."

[hedgehog 100] 26/4/2022 09:22

26/04/2022 07:00 UK Regulatory (RNS & others) CleanTech Lithium PLC Memorandum of Understanding with KMX Technologies LSE:CTL Cleantech Lithium Plc

MOU Signed with KMX Technologies to Optimise Sustainability of Lithium Processing

CleanTech Lithium PLC (AIM:CTL), an exploration and development company, advancing the next generation of sustainable lithium projects in Chile, announces the signing of a non-binding Memorandum of Understanding ("MOU") with KMX Technologies, LLC ("KMX"), a market leader in vacuum membrane distillation, to establish a commercial framework for utilising KMX's proprietary technology, to concentrate lithium, while achieving higher water recovery and lower energy intensity, at CleanTech Lithium's Laguna Verde and Francisco Basin lithium projects in Chile.

Highlights:

-- MOU in line with the Company's strategy to produce battery grade lithium by H2 2024, with near zero carbon emissions and lowest environmental impact

-- MOU to establish a commercial framework for utilising KMX's proprietary technology in a commercial scale lithium operation

-- KMX's technology complements CleanTech Lithium's plan to utilise the direct lithium extraction ("DLE") process, further maximising water recovery and lowering energy use

-- Laboratory scale DLE work that aims to produce 1Kg of battery grade lithium from the Laguna Verde project, expected to be completed by the end of April, with pilot plant construction to commence thereafter

Commenting, Aldo Boitano, Chief Executive Officer, of Cleantech Lithium PLC, said:

"This MOU is another important step in our mission to produce sustainable battery grade lithium for the EV industry with the lowest environmental impact and CO2 footprint. By utilising a best-in-class technology which concentrates lithium in a single stage process with higher water recovery and lower energy usage and compliments our commitment to use 100% renewable energy and Direct Lithium Extraction process, we believe, once in production, we will be one of the greenest lithium producers globally."

Further Information

MOU to Strive for 'Best in Class' Lithium Processing

CleanTech Lithium and KMX today announce the execution of a MOU to establish a commercial framework for utilising KMX's proprietary technology at CleanTech Lithium's Laguna Verde and Francisco Basin lithium projects in Chile in line with the Company's strategy of developing the projects into commercial scale production by H2 2024.

KMX is the market leader in vacuum membrane distillation, a technology which can be utilised to concentrate lithium with higher water recovery and lower energy intensity. For the first stages of processing the brine pumped from sub-surface aquifers, CleanTech Lithium plans to utilise DLE, an environmentally green process, which replaces evaporation ponds in conventional lithium brine operations. Once DLE has been applied, the lithium in the brine is concentrated to up to 10% lithium. Further concentration to battery grade lithium is required and the conventional method, which CleanTech Lithium will also be trialling, relies on large evaporator and crystalliser units. KMX's membrane distillation technology has the potential to replace these units in a single stage process with significantly lower energy usage, and by using a membrane instead of an evaporator, water recovery is much higher.

Additionally, the Company is expecting laboratory scale DLE work that aims to produce 1Kg of battery grade Lithium from its Laguna Verde project to be completed by the end of April. Following this, the focus of process test work will be the construction of a pilot plant that aims to produce 10 tonnes of battery grade Lithium per month. Under this MOU, a portion of the concentrated brine produced by the DLE extraction plant will be delivered to KMX and processed in KMX's demonstration unit. Pending successful technology trials and feasibility studies, CleanTech Lithium views the use of KMX's technology in a commercial scale lithium operation as an important step in optimising the sustainability of the entire process from brine to battery grade lithium.