
- WORLD EDITIONAustraliaNorth AmericaWorld
March 23, 2026
CleanTech Lithium PLC ("CleanTech Lithium" or "CleanTech" or the "Company") (AIM: CTL, Frankfurt:T2N), an exploration and development company advancing sustainable lithium projects in Chile, announces that an application for an advance recovery of VAT in Chile has been successful and approximately £1.01 million has been received by the Company.
Highlights:
- CleanTech Lithium's wholly owned subsidiary, Atacama Salt Lakes SpA ("ASL"), has received approximately CLP$1.25 billion (equivalent to approx. GBP £1.01 million) representing input VAT already incurred on the Laguna Verde project.
- Ordinarily, recovery of input VAT requires VATable sales to be made, however in 2024 ASL applied to the Ministry of Economy for eligibility to recover VAT in advance of sales. This involved separate approvals from the Ministry of Economy, the Servicio de Impuestos Internos (Chile Tax authority) and the Treasury.
- A substantial part of the VAT claim was paid and ASL should continue to recover VAT from costs incurred on the project on a timely basis. The VAT receipts will be reimbursed from future export sales from Laguna Verde.
Ignacio Mehech, Chief Executive Officer of CleanTech Lithium said: "To receive this VAT refund, along with support from the Ministry of Economy, demonstrates the Chilean Government's commitment to our Laguna Verde project. The team has worked diligently to achieve this outcome and the funds will strengthen our financial position as we continue to progress towards the completion of the PFS, following the recent agreement of the long term operating contract (CEOL) for Laguna Verde."
For further information contact: | |
CleanTech Lithium PLC | |
Ignacio Mehech/Gordon Stein/Nick Baxter | Office: +44 (0) 1534 668 321 Mobile: +44 (0) 7494 630 360 Chile office: +56 9 312 00081 |
Beaumont Cornish Limited (Nominated Adviser) Roland Cornish/Asia Szusciak | +44 (0) 20 7628 3396 |
Istar Capital Limited (Joint Broker) Daniel Fox-Davies | +44 (0) 20 3884 8450 |
Canaccord Genuity (Joint Broker) James Asensio | +44 (0) 20 7523 4680 |
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.
Notes
CleanTech Lithium (AIM:CTL, Frankfurt:T2N) is an exploration and development company advancing lithium projects in Chile for the clean energy transition. CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and Viento Andino, and exploration stage project in Arenas Blancas (Salar de Atacama), located in the lithium triangle, a leading centre for battery grade lithium production. CleanTech Lithium and the Mining Ministry in Chile have agreed the contractual terms for the Special Lithium Operating Contract ("CEOL") for Laguna Verde, subject to final ratification.
CleanTech Lithium is committed to utilising Direct Lithium Extraction ("DLE") with reinjection of spent brine. Direct Lithium Extraction is a transformative technology which removes lithium from brine with higher recoveries, short development lead times and no extensive evaporation pond construction. For more information, please visit: www.ctlithium.com

Sign up to get your FREE
GoldInxs Mining Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
The Conversation (0)
1m
GoldInxs Mining
Early-stage exposure to copper-gold in British Columbia
Early-stage exposure to copper-gold in British Columbia Keep Reading...
16 April
Top 5 Canadian Lithium Stocks in 2026
Lithium prices have staged a sharp rebound, nearly doubling between early December and late January as tightening supply and renewed market optimism fueled a rapid rally. Spot battery-grade lithium carbonate climbed about 95 percent over the period, supported by disruptions at key operations,... Keep Reading...
16 April
Trials to Further Validate PFS Process Design
CleanTech Lithium PLC (AIM: CTL, Frankfurt: T2N), an exploration and development company advancing sustainable lithium projects in Chile, announces an update on two trials being undertaken in North America and in Santiago, Chile, to produce battery grade lithium carbonate from the Laguna Verde... Keep Reading...
15 April
Top 5 US Lithium Stocks in 2026
Lithium stocks continued their upward trajectory in 2026 as lithium prices recovered. Spot battery-grade lithium carbonate prices climbed from about US$13,400 per metric ton in early December to more than US$26,000 by late January, a roughly 95 percent increase.Despite the sharp rebound, any... Keep Reading...
14 April
5 Best-performing ASX Lithium Stocks in 2026
Global demand for lithium presents a significant opportunity for Australia and Australian lithium companies.Australia remains the world’s largest lithium miner, supplying 31 percent of global output in 2025, though its dominance is easing as other lithium-producing countries such as China,... Keep Reading...
13 April
Top 5 Largest Lithium Reserves by Country
Those interested in the lithium sector and investing in lithium stocks are often curious about which countries are the top producers of the battery metal, but they may not stop to consider the top lithium reserves by country. Major lithium-producing countries are, of course, home to a large... Keep Reading...
10 April
Jindalee Inks US$571 Million SPAC Deal to List Lithium Assets on Nasdaq
Australia’s Jindalee Lithium (ASX:JLL,OTCQX:JNDAF) is spinning out its US asset portfolio into a newly formed company that will list on the Nasdaq via a US$571 million blank-check merger.The new entity, called US Elemental, will merge with Constellation Acquisition (OTCID:CSTAF), a special... Keep Reading...
Latest News

Sign up to get your FREE
GoldInxs Mining Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






