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Cordel Partners with VRSD to Enhance AI Development – January 20, 2025, 3:28 PM | Zonebourse

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Recent announcements from London-listed companies include CleanTech Lithium PLC revealing a substantial lithium resource at its Laguna Verde project, while Cordel Group PLC has partnered with VRSD to enhance rail infrastructure insights in Europe. First Class Metals PLC reported high-grade exploration samples in Ontario, and OptiBiotix Health PLC launched its SlimBiome products in India through Amazon, marking a strategic market entry.

Latest Updates from London-Listed Companies

In recent news, several companies listed on the London Stock Exchange have made significant announcements, highlighting their ongoing projects and partnerships.

CleanTech Lithium PLC’s Promising Developments

CleanTech Lithium PLC, a London-based exploration firm dedicated to lithium projects in Chile, has shared encouraging news regarding its Laguna Verde project. Executive Chairman Steve Kesler revealed that the latest JORC-compliant resource estimate indicates a substantial resource of 1.63 million tonnes of lithium carbonate equivalent. Kesler emphasized that this robust estimate positions Laguna Verde as a key player in the direct lithium extraction from brine, contributing to Chile’s role as a leading lithium supplier for the global electric vehicle and battery sectors. Just last week, the company submitted an application for a special lithium exploitation contract related to this promising project.

Cordel Group PLC Expands into European Rail Market

Cordel Group PLC, known for its AI-driven analysis of transport corridors, has announced a strategic partnership with VRSD, a subsidiary of Vossloh AG, a railway technology leader based in Werdohl, Germany. This collaboration will enable Cordel to deliver automated and AI-enhanced insights, incorporating video and detection data, light wave telemetry (LiDAR), and precise geolocation through the Cordel Connect platform. John Davis, CEO of Cordel, noted that this partnership marks their entry into the continental European rail infrastructure market. The initial proof of concept project aims to showcase the technical capabilities of Cordel’s LiDAR and AI technology, which will provide valuable insights to Vossloh’s clients, ultimately demonstrating the benefits of integrating Cordel’s innovations into Vossloh’s operations.

First Class Metals PLC’s Exploration Update

First Class Metals PLC, based in Blackburn, England, focuses on identifying economic metal deposits in Ontario, Canada. The company has released an exploration update for the upcoming 2024 field season, highlighting impressive high-grade samples, including gold concentrations of 19.6 grams and 13.6 grams per tonne. Marc Sale, CEO, expressed enthusiasm about launching a targeted exploration program in 2025, backed by secured funding from the Seventy Ninth Group. This financial support, which includes a recent loan increase, will enable the company to maintain momentum across its portfolio and advance satellite projects like Esa and Kerrs.

OptiBiotix Health PLC Enters Indian Market

OptiBiotix Health PLC, a life sciences company based in York, England, is making strides in the Indian market with the launch of its SlimBiome products under the GoFigure brand on Amazon India. CEO Stephen O’Hara commented on the strategic importance of this move, stating that it represents a significant step in establishing the company’s presence in India. The initial launch will feature four products, with plans for subsequent releases throughout 2025, contingent on sales performance. This initiative includes partnerships with private brands and availability in Apollo pharmacies, following a recent launch by Dr. Morepen.

For more insights and updates, stay tuned!

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