# Interim Results for six-month ending 30 June 2026 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/interim-results-for-six-month-ending-30-june-2026--2fc7c33c-838d-481e-8d6c-4b02d1a75a04 Original source: https://www.londonstockexchange.com/news-article/CTL/interim-results-for-six-month-ending-30-june-2026/17795291 Publisher: lse Original announcement: 2026-09-21T05:00:07.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-21T14:28:22.215Z Atlas analysis updated: 2026-09-21T14:28:22.215Z - Company: CleanTech Lithium PLC - Ticker: CTL - Exchange: LSE - Region: Chile - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Resource update, Metallurgy, Other - Extracted: 2026-09-21 14:28:22 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary CleanTech Lithium PLC announced its interim results for H1 2026, highlighting the completion of a Pre-Feasibility Study for its Laguna Verde project, which defined a maiden Probable Ore Reserve and strong economics. The company also agreed on contractual terms for a 40-year Special Lithium Operating Contract \(CEOL\) in Chile and successfully validated its Direct Lithium Extraction \(DLE\) process, producing high-purity lithium carbonate. Financially, the company completed a £5.3 million fundraising and restructured its Laguna Verde concession acquisition, reducing cash consideration, though a material uncertainty regarding going concern remains. Reasoning: The company achieved significant project development milestones, including a positive PFS and CEOL agreement, alongside successful DLE validation and a capital raise. These positives are tempered by an ongoing going concern warning and the CEOL's pending final approval. - Positive factor: Completion of Pre-Feasibility Study with positive economics for Laguna Verde. - Positive factor: Declaration of a maiden Probable Ore Reserve. - Positive factor: Agreement on contractual terms for a 40-year Special Lithium Operating Contract \(CEOL\), de-risking the project. - Positive factor: Successful validation and optimization of Direct Lithium Extraction \(DLE\) process, producing high-purity lithium carbonate. - Positive factor: Significant reduction in aggregate cash consideration for Laguna Verde concessions. - Positive factor: Successful £5.3 million fundraising and conversion of loan notes to equity. - Positive factor: Advancing towards an ASX dual-listing to broaden investor access. - Negative factor: Material uncertainty related to going concern highlighted by auditors. - Negative factor: CEOL still subject to final review by the Comptroller General’s Office, delaying full ratification. - Negative factor: Company remains in a loss-making position. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 2 ## Classification and evidence **Permitting Progress** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company 'agreed the contractual terms of a 40-year CEOL for Laguna Verde'. Evidence · text > agreed the contractual terms of a 40-year CEOL for Laguna Verde **Capital Raise** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company announced a '£5.3 million fundraising across two tranches'. Evidence · text > announced a £5.3 million fundraising across two tranches **Going Concern Warning** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: The auditor's report highlights a 'material uncertainty related to going concern'. Evidence · text > material uncertainty exists that may cast significant doubt on the entity’s ability to continue as a going concern **Strategic Partnership** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company is advancing its 'strategic-partner selection and project-financing process'. Evidence · text > advances its strategic-partner selection and project-financing process **Reduced Liabilities** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company restructured the consideration for concessions, 'reducing aggregate cash consideration from US$35.0 million to US$14.0 million'. Evidence · text > reducing aggregate cash consideration from US$35.0 million to US$14.0 million **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (1) ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/interim-results-for-six-month-ending-30-june-2026--2fc7c33c-838d-481e-8d6c-4b02d1a75a04#fact-resource-facts-0) Laguna Verde · lithium #### Identity - Project: Laguna Verde - Commodity: lithium - Region: chile - Reported Region: Chile - Ticker: CTL #### Resource scope - Estimate type: reserve - Resource group id: resource:03b3f460fe80583a2ee1 #### Resource Data - Category: probable - Contained Metal: 378000 - Contained Unit: tonnes lce #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: The declaration of a maiden Probable Ore Reserve is a significant de-risking event and a key milestone for the Laguna Verde project, indicating substantial lithium resources. - Positive factor: Declaration of a maiden Probable Ore Reserve provides a strong foundation for project development. - Positive factor: The reserve size of 378,000 tonnes LCE indicates significant scale. - Negative factor: The cut-off grade for the reserve is not disclosed, limiting comparability. Evidence · text > maiden Probable Ore Reserve of 378,000 tonnes of LCE #### Tags used in scoring **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## Metallurgical Results (1) ### pilot plant [Link to this fact](https://atlas-staging.minestarters.com/news/interim-results-for-six-month-ending-30-june-2026--2fc7c33c-838d-481e-8d6c-4b02d1a75a04#fact-metallurgical-facts-1) Laguna Verde · lithium #### Identity - Project: Laguna Verde - Commodity: lithium - Region: chile - Reported Region: Chile - Ticker: CTL #### Test Work - Program Status: optimization - Test Type: pilot plant - Processing Route: Direct Lithium Extraction - Sample: Laguna Verde eluate #### Recovery - Conc. Grade: 99.9 - Conc. Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: The successful production of high-purity lithium carbonate from the pilot plant validates the DLE process and is a significant step towards commercial production, demonstrating technical viability. - Positive factor: Production of high-purity lithium carbonate \(99.9%\) demonstrates successful DLE process validation. - Positive factor: Pilot plant scale testing indicates advanced stage of metallurgical work. Evidence · text > five campaigns produced approximately 330kg of high-purity lithium carbonate from Laguna Verde eluate, with final product purity of 99.9% ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.