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Next-ChemX (OTC: CHMX) and its partner Clontarf Energy have advanced to Phase 3 in the Bolivian State Lithium Company’s (YLB) convocatoria for lithium extraction at seven priority salt pans in Southern Bolivia. This selection follows the successful submission of technical materials on state-of-the-art lithium extraction technologies. Phase 3 will demand financial validation and pilot plant demonstrations of Next-ChemX’s technology. Clontarf has expanded its European partnership to include key financing and high-tech lithium offtake partners, with support from the European Commission. CEO Wilcoxon emphasized the significance of this milestone while acknowledging future challenges and the need for pilot plant testing to verify cost-effectiveness.
