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bombersmadd

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16/09/22

18:53

Post #: 63746596
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Originally posted by soundwave9: ↑

Finally some reasonable due diligence. Yes, they process in the U.S. The focus is to increase the Downstream process, where the real economy value is to be unlocked, meaning battery production and all the downstream products that emanate from Lithium.

"The most important use of lithium is in rechargeable batteries for mobile phones, laptops, digital cameras and electric vehicles. Lithium is also used in some non-rechargeable batteries for things like heart pacemakers, toys and clocks.Lithium metal is made into alloys with aluminium and magnesium, improving their strength and making them lighter.

A magnesium-lithium alloy is used for armour plating. Aluminium-lithium alloys are used in aircraft, bicycle frames and high-speed trains.Lithium oxide is used in special glasses and glass ceramics. Lithium chloride is one of the most hygroscopic materials known, and is used in air conditioning and industrial drying systems (as is lithium bromide).

Lithium stearate is used as an all-purpose and high-temperature lubricant. Lithium carbonate is used in drugs to treat manic depression, although its action on the brain is still not fully understood. Lithium hydride is used as a means of storing hydrogen for use as a fuel."

https://www.rsc.org/periodic-table/element/3/lithium

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So you didn't answer my question

You have just created out of thin air a business plan for Lake that goes against what they have announced to market

Lake have at no stage indicated they will be producing eluate in Argentina and shipping it to a 2nd country for processing into battery grade chemicals

100% of their mining + processing is planned in Argentina. You don't just get to make up what they should do LOL

LKE Price at posting: 93.0¢ Sentiment: None Disclosure: Not Held
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US Based Head Office, page-97

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