Lake Resources NL
Lake Resources NL (ASX:LKE) is listed on the Australian Securities Exchange.
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Lake Resources demonstrates clean technology path for high purity lithium as it targets Kachi DFS and ESIA this year
Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) (FRA:LK1) has demonstrated a clean technology path for the production of high purity lithium after a successful pilot demonstration plant, with plans for definitive feasibility study (DFS) and environmental and social impact study (ESIA) targeted this year at its flagship Kachi project in Argentina.
Its clean lithium is being tested in the latest batteries, with the company also targeting samples to offtake in 2021.
The company hopes to finalise financing and gain all the necessary approvals in 2022, with construction commencing and production targeted in 2024 with 25,500 tonnes per annum lithium carbonate equivalent (LCE).
Lake's flagship Kachi Lithium Brine Project is fully funded through to the construction phase in 2022, which allows the company to speed development of sustainable, high purity lithium.
High purity lithium carbonate
The company has been able to produce 99.97% purity lithium carbonate from Kachi project brines after processing in the direct extraction pilot module of technology partner Lilac Solutions.
Battery grade is considered to be 99.5%.
The Kachi samples have very low impurities - 60 times less than 99.5% battery grade.
The ion exchange process offers durable performance with high lithium recovery of 80-98% and it tolerates impurities.
It is also low cost and scalable, with modules for rapid installation, no brine heating and requires low capital and operating costs.
Other Lake Resources NL news
- Lake Resources’ partner gets closer to producing first samples of ‘clean’ lithium for battery testing
2020-10-06 - Lake Resources to support global 'green' push with sustainable lithium strategy as Europe unveils clean energy investments
2020-07-23 - Lake Resources demonstrates production of ‘clean’ lithium chloride at a larger scale
2020-07-03 - Lake Resources shares surge after its partner secures US$20 million from Bill Gates-led fund
2020-02-21 - Lake Resources NL to process 5,000 litres of lithium brine samples ahead of Kachi test work
2020-02-18
