CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) executive chairman Dr Steve Kesler talked with Proactive's Stephen Gunnion about the company’s £2.4 million book build, which saw strong support from existing institutional shareholders, including Athos, Regal Funds, and APAC. The funds will be used to progress the company’s lithium projects, with a focus on advancing towards a planned dual listing on the Australian Securities Exchange (ASX).
Kesler explained that the broker option included in the raise will allow additional shareholders to participate, with details to be announced via an RNS. He also discussed market conditions, noting that lithium prices remain low but are expected to recover due to structural supply deficits and growing demand, particularly from the electric vehicle sector.
With a strong news flow expected in the coming months, CleanTech Lithium anticipates updates on government negotiations, pre-feasibility studies, and product testing from its pilot plant. Kesler emphasised that the company is well-positioned for future growth, with production targeted for 2027-2028, when lithium prices are expected to stabilise at higher levels.
Watch the full interview for insights into CleanTech Lithium’s next steps. Don’t forget to like this video, subscribe to Proactive’s YouTube channel, and turn on notifications for more updates.
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