Business
Interim Results for six-months ending 30 June 2025
CleanTech Lithium PLC announced its unaudited interim results for the six months ending June 30, 2025. The JORC resource at Laguna Verde increased to 1.63Mt of lithium carbonate equivalent (LCE). A fundraise in February and March secured £2.5 million, with a further £5.0 million raised in August. The company acquired 30 additional licenses at Laguna Verde, increasing mining license coverage to over 97%. Loan notes issued in June 2024 were restructured and refinanced as convertible loan notes with a 12% premium per annum, maturing on June 30, 2026. The Group recorded an operating loss of £1.2 million, and exploration and evaluation assets increased to £32.8 million. Disclaimer*
About this update from Cleantech Lithium Plc
[{"type":"text","content":"\n\n \n29 September 2025\n \nCleanTech Lithium PLC\n(\"CleanTech Lithium\" or \"CTL\" or the \"Company\")\nInterim Results for six-month period ending 30 June 2025\n \nCleanTech Lithium PLC (AIM:CTL), an exploration and development company advancing sustainable lithium projects in Chile, is pleased to announce its unaudited Interim Results for the six-month period ended 30 June 2025 (\"1H 2025\" or \"the Period\").\n \nHighlights from the period and events following the period end include:\n \n· Leadership: CleanTech Lithium's leadership and presence in Chile was notably strengthened with the onboarding of Ignacio Mehech as CEO in April.\n \n· Battery Grade Lithium: in January, CTL proved its ability to deliver battery-grade lithium from its own Laguna Verde brine, validating its direct lithium extraction (DLE) processes and exceeding international standards for battery-grade purity.\n \n· Resource: CTL's JORC resource at Laguna Verde has now increased to 1.63Mt of lithium carbonate equivalent (LCE)\n \n· Fundraise: in February and March, a £2.5 million fundraise was completed and subsequent to the period end, in August, a further £5.0 million in gross proceeds was raised, further strengthening the balance sheet.\n \n· Licence Expansion: after the period end, CTL has acquired 30 additional licences at Laguna Verde increasing the Group's mining licence coverage of the Government's special lithium operating contract (CEOL) polygon area to over 97%, underscoring its dominant position in the basin and significantly enhancing CTL's candidacy to be awarded a CEOL.\n \n· Loan Notes: after the period end, the Loan Notes issued in June 2024 were restructured and refinanced as convertible loan notes carrying a premium of 12% per annum, and with a maturity date of 30 June 2026.\n \n· Cost discipline: the focus to cut costs has shown favourable results in the first half of the year and remains as an ongoing priority.\n \n· Board restructure: post period end, four directors stepped down from the Board in August as a result of operational and financial restructuring; a new Jer...