The company will progress project development in stages and begin production one year after its more advanced Laguna Verde opens in 2026.
that results of a recently completed scoping study of its Francisco Basin project confirmed the asset’s forecast potential and estimated production start in 2027., is slated to produce 20,000 tonnes of battery-grade lithium carbonate annually for 12 years, utilizing direct lithium extraction technology.Net cashflow after tax and royalties is estimated at $2.
The next step will be a resource drill program starting in the final quarter of the year, with the intention of upgrading the resource estimate which could extend the project’s lifespan, the company said. Laguna Verde and Francisco Basin are CleanTech Lithium’s flagship projects. In addition, the company owns the Llamara greenfield project, located about 600km to the north of the the other two. This asset is in the Pampa del Tamarugal basin, which is one of the largest basins in the famed lithium triangle.
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