CleanTech Lithium has successfully validated its Laguna Verde Pre-Feasibility Study (PFS) process through a pilot-scale program in Chile. The trial produced high-purity lithium carbonate (up to 99.75% Li2CO3) and demonstrated lithium recovery and impurity rejection rates that exceeded previous design benchmarks.
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.
First Lithium Minerals reported results from a March 2026 sedimentary brine geochemical exploration program at the Ascotan project in Chile. The program identified lithium concentrations of up to 1,300 mg/L in brine samples.
Wealth Minerals has officially established its subsidiary, Kuska Minerals SpA, in partnership with the Quechua Indigenous Community of Ollagüe to develop the Kuska lithium project in Chile. The company restated its previous resource estimate and noted that the project is part of a government shortlist for Special Lithium Operating Contracts (CEOLs).
Wealth Minerals has formed a joint venture, Kuska Minerals SpA, with the Quechua Indigenous Community of Ollagüe to develop the Kuska lithium project in Chile. The JV structure grants the community 5% ownership and a board seat, aiming to align with Chile's National Lithium Strategy and facilitate permitting processes.
Wealth Minerals announced that its initial application for a special lithium operation contract (CEOL) for the Kuska project under Chile's Fast-Track policy was declined. The company is currently evaluating options to appeal the decision or apply through regular permitting procedures.
Wealth Minerals has signed a joint venture agreement with the Quechua Indigenous Community of Ollagüe to develop the Kuska Lithium Project in Chile. The community will hold a 5% free-carried interest in the new JV entity. The project is a lithium brine asset with an existing maiden resource and a positive PEA.
