CleanTech Lithium Collaborates with DuPont on Lithium Processing Technology
Why we think this is neutral
This RNS announcement is a general update on a collaboration between CleanTech Lithium and DuPont to test new lithium processing technology. While the collaboration could potentially lead to improvements in the company's lithium extraction process, the announcement does not contain any specific financial or operational updates that would warrant a more positive or negative sentiment score.
Key Points
- Collaboration with DuPont Water Solutions to test new nanofiltration membrane technology
- Aim to improve lithium recovery and potentially eliminate thermal evaporation and crystallization
- Potential for significant CAPEX savings if successful
Summary
CleanTech Lithium (AIM: CTL) is collaborating with DuPont Water Solutions to test a new nanofiltration membrane technology for use in the company's direct lithium extraction (DLE) downstream process. The new membrane is designed to remove impurities and maximize lithium recovery, with the potential to eliminate the need for thermal evaporation and crystallization, resulting in potential CAPEX savings.