Clontarf Energy’s new shareholder will be watching instability in Bolivia closely

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John-Teeling,Bolivia

Bolivia has huge reserves of lithium, an area of interest for the John Teeling-founded Irish company

A curious name has popped up on the share register of the John Teeling-founded Clontarf Energy lately – that of M Warner, who earlier this month bought a 3.13 per cent stake in the company and just this week raised it up to 5.98 per cent.

M Warner appears to be a London-based retail trader called Matthew Warner, who Cantillon has been able to establish has an interest in lithium, a particular area of interest for Clontarf, notably in Bolivia. Pay off your credit card, invest in your pension - here’s what you can do with your monthly mortage savingsThere are an estimated 23 million metric tonnes of lithium in Bolivia, making it the biggest player in the world. Unsurprisingly, companies from Russia, China, the rest of Europe and the US are all keen to get a slice of the action.

 

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