Metals One (MET1 ) has completed the sale of a block of seven million shares in CleanTech Lithium for £910,000, representing approximately a 159% profit on the company's weighted average share purchase price.
Metals One's made its first investment in CleanTech Lithium in August 2025.
Following the sale, Metals One still holds 5.85 million shares in CleanTech Lithium, representing approximately 2.88% of the company. It also holds 20 million warrants with an exercise price of 6p, expiring in August 2030.
CleanTech Lithium’s share price as at market close on 13 March 2026 was 11.75p.
"We are pleased with the recent developments CleanTech Lithium has made at its Laguna Verde project, specifically the award of the Special Lithium Operating Contract by Chile's Ministry of Mining, which represents a major milestone in the development of the project,” said Daniel Maling, managing director of Metals One.
“After releasing some additional profit to satisfy market demand, Metals One retains significant upside exposure to the next phase of Laguna Verde through shares and warrants."
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This is what Metals One was built to do – invest, turn a profit and simultaneously retain upside. Lithium is back of course, so it was a good time to lock in gains, and although CleanTech’s progress has been stop-start, the company has pressed on and now looks in a strong position to deliver on its full potential. Metals One still has significant exposure to any further success.