LKE 6.56% 5.7¢ lake resources n.l.

Ann: JORC Update, page-38

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  1. 3,638 Posts.
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    If DLE unlocks lower grade projects then it must work with economic projects as well. Why do not Albemarle and SQM try DLE instead of messing around with evaporation ponds for more than 12 months with each batch? And that is not to mention the fresh water that economic projects need for production.

    If, DLE did work for a project like Kachi, if it did, then it would work for any number of projects and a multitude of those projects would have higher grades than Kachi. Then the threshold for having an economic grade would decrease somewhat but it would still be higher than the Kachi grade. Then DLE would be adopted at the Salar de Atacama and that would be turbo charged somewhat- leading to a glut- and LKE would still be sub-economic.

    Or something like that.

    IMHO DYOR
 
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