LKE 11.1% 4.0¢ lake resources n.l.

Ann: Annual Report to shareholders, page-137

  1. 16,844 Posts.
    lightbulb Created with Sketch. 2623
    “It will not threaten the water supply. It will not threaten the local environment. It will not be a threat to the local Indigenous People”

    Surely you jest !!

    LKE have stated their water consumption is 10 cubic metres of water, per tonne LCE.

    That’s half a billion litres of water (500,000,000 litres), per year, for 50ktpa LCE.

    A standard Olympic-sized swimming pool contains 2.5 million litres of water.

    So, LKE will consume 200 Olympic-sized swimming pools of water, per year.

    Then they intent to re-inject approx. the same volume, but contaminated with residual acids & reagents.

    28 SEPT 2023:

    https://hotcopper.com.au/data/attachments/5636/5636425-dd983986f1a2c0527abfb508a6e91d99.jpg

    1. Where’s the Power coming from, to run this energy intensive monster (extraction, as well as re-injection)??

    2. Where’s the Water coming from, to feed this thirsty monster ??

    3. There is indeed a lot for the local indigenous community to be concerned about !!

    IMO DYOR
 
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