NEXT-ChemX Corporation provided a summary of the Clontarf Energy plc (Clontarf) corporate update released on July 9, 2024. Clontarf is its joint venture partner managing negotiations with the Bolivian State Lithium Company on behalf of its joint venture in the Bolivian convocatoria or ?call for expressions of interest? in developing Bolivian lithium brines.

Clontarf presented a corporate update at their annual meeting held July 9, 2024, in London, UK stating: Clontarf is now in Phase 4 of a 5 Phase process, which now focuses on maturity of the offered technologies. Stream 1 covers companies claiming to be already operating Direct Lithium Extraction plants. Stream 2 includes operators with an existing technology and plants being commissioned.

Clontarf was initially placed in Stream 3, but now expects to be treated as Stream 2, since the joint venture?s plant now awaits bulk samples for production testing. NEXT-ChemX, is currently assembling, and commissioning its iTDE pilot plant that it expects will demonstrate its direct extraction of lithium. The plant is being readied to conduct preliminary testing of synthetic brines based on chemical compositions recorded from the priority Bolivian salares.