Proactive Investors - CleanTech Lithium PLC (LON:CTL) has noted the Chilean Government's announcement yesterday that 88 RFIs were received for available salars to develop lithium projects with over 80% indicating the use of DLE technologies.
Further details of which companies or the number of submissions per salar were not provided but the Government said it will engage local communities in July to inform them of the results of the RFI process and gather their views and concerns.
CTL has submitted RFIs or expressions of interest for five projects including its flagships at Laguna Verde and Viento Andino.
The junior expects to hear back on these applications by the end of August 2024 and the mechanisms for allocation over the prioritised deposits.
Steve Kesler, CTL’s executive chairman, said: "The Chilean Government has confirmed the RFI procedure is ongoing and that all applications made by interested parties are being reviewed, with a further update expected by the end of August.
“We remain very confident that our flagship project, Laguna Verde, which is the most advanced DLE project in Chile, will be prioritised by a Government that has said it wishes to see new lithium projects in production by 2026.”