- It creates an opportunity for CTL to leverage its understanding of DLE in Chile and accelerate its existing projects and potentially become involved in additional lithium projects.
- Chile’s commitment to the DLE process will accelerate its adoption and improving industry knowledge, workforce and confidence in the technology.
- Creates long-term certainty in the government’s position, which should give the lithium industry added confidence to invest in the country as it looks to expand lithium production.
- At both projects existing freshwater bores drilled in the basin periphery are expected to provide sufficient process water supply
- This will have no effect on the water table of the nearest local indigenous community, which is located two hours away by road (approx. 100km)
- The Atacama Desert which is renowned for being water challenged, is located 500km north of the projects.
- We will conduct a thorough environmental impact assessment (EIA) in accordance with the regulations and we are currently reviewing proposals from leading Chilean environmental services consultants.
- The Laguna Verde basin features a shallow surface lake however it is hypersaline and is not known to support fauna of significance, while flora is extremely sparse in the basin.
- At Viento Andino the project area is located several kilometres away from the salar edge and any potentially sensitive zones
- The Company´s total resources, exceed well over 2 million tonnes of lithium carbonate equivalent (LCE), are based on underground brine aquifers.
- Our JORC compliant resource estimates were carried out by two independent competent persons applying JORC reporting standards, including Montgomery & Associates a highly experienced international firm.
- The Company published the results of the Pre-Feasibility Study for the flagship project Laguna Verde, see RNS dated 31 March and 14 April 2026, which detailed the production of 15,000 tonnes per annum (“tpa”) of battery grade lithium carbonate for an operating life of 25 years with positive economic performance based on the assumptions applied in the PFS. See Laguna Verde project page for more information
- The technology is established and proven. There are examples of projects around the world where the technology is successfully delivering commercial quantities of battery grade lithium e.g. Eramet’s Centenario project in Argentina
- The DLE industry is constantly evolving and the Company remains open to working with multiple partners across the supply chain. This approach reduces the risk of being too heavily reliant one partner.
- CTL’s lead projects are ideally suited to the DLE process. There is an extensive & tested aquifer to extract brine and CTL has control of the entire basin at both projects, meaning it has the scope to reinject the spent brine, without any risk of dilution.
- As things stand, the Company is making progress with the ASX listing in parallel with the ongoing CEOL ratification process. The two are being advanced concurrently rather than being treated as sequential. The Comptroller General’s Office is dealing with a backlog of decrees filed by the previous government.
- We remain in regular dialogue with the Ministry on the ratification and will update the market via RNS as soon as there is anything material to report. In the meantime, all necessary documentation and preparatory work for the ASX listing continues as planned.