The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
----------
CleanTech Lithium PLC - London-based lithium exploration company focused on Chile - Executive Chair Steve Kesler says updated JORC-compliant resource estimate for its Laguna Verde project in Chile confirms a ‘robust and significant resource’ of 1.63 million tonnes of lithium carbonate equivalent. Kesler adds: ‘This positions Laguna Verde as a highly promising direct lithium extraction based project in the lithium brine sector and as a contributor to Chile’s future as a leading lithium producer for the global electric vehicle and battery market.’ Last week Wednesday, the company said it submitted an application for a special lithium operating contract for the Laguna Verde project.
----------
Cordel Group PLC - London-based company whose flagship platform uses artificial intelligence to supply transport corridor analytics - Announces new partnership with VRSD, a subsidiary of Werdohl, Germany-based rail technology company Vossloh AG. ‘Cordel will provide automated, AI-enhanced outputs to Vossloh, including our proven Video and light detection & ranging data [LiDAR] deliverables, together with accurate geolocation and access to the Cordel Connect Data Management Platform,’ Cordel says. Vossloh and Cordel are conducting an initial proof of concept project in order to asset the technical capabilities of Cordel’s LiDAR and AI technology. Cordel Chief Executive Officer John Davis says: ‘This important partnership represents Cordel’s first entry into the continental European railway infrastructure market. The insights we generate from our LiDAR and AI during the PoC will be shared with Vossloh’s customers. We are confident that our automated scanning and analysis will provide a compelling business case for Vossloh and their customers, demonstrating the value of integrating Cordel technology onto Vossloh’s grinding machines.’
----------
First Class Metals PLC - Blackburn, England-based company focused on discovery of economic metal deposits across properties in Ontario, Canada - Hails exploration update for work conducted in 2024 field season. Highlights high-grade grab samples including 19.6 grammes of gold per tonne and 13.6 grammes of gold per tonne. ‘With assured funding secured from the Seventy Ninth Group and an enhanced understanding of the geology at our flagship properties, FCM is poised to launch a comprehensive and targeted exploration programme on these key assets in 2025. This robust foundation also enables us to advance satellite projects like Esa and Kerrs, driving our growth and unlocking their full potential,’ says Chief Executive Officer Marc Sale. In December, the company announced that the 79th GRP Ltd has increased its existing loan to it by £200,000, bringing the total to £700,000. The financial support ‘strengthens our ability to execute fully funded Winter Exploration Plans for North Hemlo and Sunbeam, enabling us to maintain momentum across our portfolio,’ Executive Chair James Knowles says.
----------
OptiBiotix Health PLC - York, England-based life sciences firm - Launches SlimBiome containing products under its GoFigure brand in Amazon India. CEO Stephen O’Hara says: ‘Launching products on Amazon India is another step forward in building a presence for the company’s products in the strategically important Indian market. We are now building SlimBiome’s presence across India via our own brand products through Amazon India and via Apollo pharmacies, and as private label partnerships following the recent launch by Dr Morepen. This initial launch will include four products with subsequent launches taking place throughout 2025 dependent on sales progress.’
----------
Copyright 2025 Alliance News Ltd. All Rights Reserved.
