Strategic Partnership - The University of Atacama

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: [phone] Chile office: [phone]
	Or via Celicourt
Celicourt Communications	[phone]
Felicity Winkles/Philip Dennis/Ali AlQahtani	[e-mail]
Dr. Reuter Investor Relations Dr. Eva Reuter Porter Novelli - Chile Ernesto Escobar Harbor Access - North America Jonathan Paterson/Lisa Micali Beaumont Cornish Limited (Nominated Adviser) Roland Cornish/Asia Szusciak	[phone] [phone] [e-mail] [phone] [phone]
Fox-Davies Capital Limited (Joint Broker)	[phone]
Daniel Fox-Davies Canaccord Genuity Limited (Joint Broker) James Asensio Gordon Hamilton	[e-mail] [phone]

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

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