Lake Resources
Lake Resources announced on 19 December 2023 the results of its Definitive Feasibility Study (DFS) for Phase One of the globally significant Kachi lithium brine project in Argentina.
The Kachi Project Phase One DFS demonstrates that Kachi is a top tier project, backed by a significant resource and strong economics positioning it competitively within the growing lithium market.
Lake Resources NL (ASX:LKE, OTC:LLKKF) is a responsible lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within Argentina’s Lithium Triangle.
This ion exchange extraction technology delivers high purity battery materials able to avoid performance issues and more sustainable, responsibly-sourced materials with a low carbon footprint and significant ESG benefits.
Investment Highlights
Lake’s strategy is supported by attractive market dynamics, including lithium demand growth driven by decarbonisation.
Staged production approach de-risks the project.
Strong technical and leadership expertise will deliver on a high-quality project pathway.
Strategically aligned technology partner’s ion exchange technology lowers environmental impacts.
Direct lithium extraction (DLE) technology has strong sustainability benefits over other lithium production methods.
Lake’s projects are in the Lithium Triangle in Argentina, home to half of all global lithium resources.
Proven high purity lithium – independent testing of lithium carbonate from Kachi has confirmed grades and purity greater than 99.8%.
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