“There’s deeper pools of finance available in Australia for mining and resource stocks,” explained Kessler.
Australia’s familiarity with lithium, with approximately 30 lithium companies listed on the ASX, means there is natural synergy and substantial market knowledge among investors. Kessler noted that the company’s leading shareholder, Regal Funds from Sydney, underscores the value of this dual listing as a vehicle to tap into broader financial resources and an informed investor base.
“There’s a belief that when people in Australia see the quality of our projects in Chile and how far we have advanced, they’ll recognise that we offer great value compared to the other projects which are already listed on the ASX,” he said.
Listing on the ASX will enhance Cleantech Lithium’s visibility and credibility, particularly among institutions that are eager to support environmentally sustainable projects, but are restricted to ASX-listed entities. This move is not merely a financial strategy, but also a recognition of the power of institutional support in advancing sustainable practices in resource extraction, Kessler added.
Cleantech Lithium aims to be a leading supplier of “green lithium” to the electric vehicle market.
Watch the full interview with Steve Kessler, executive chairman and interim CEO of Cleantech Lithium, above.
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