CleanTech Lithium's chief executive Aldo Boitano joins Proactive London after raising £5.6mln to help its aim of producing battery-grade lithium from its two assets in Chile as it begins trading on London’s AIM today.
The company will receive a net £4.8mln from the initial public offer and have an initial market capitalisation of £23.7mln at the 30p placing price.
Its two projects, including the 1.2mln-tons Laguna Verde project, are being developed to produce lithium at low or zero emissions, with the environmental impact reduced by using direct lithium extraction technology.