LKE 2.94% 3.3¢ lake resources n.l.

Ann: Achievement of Major Milestone for Project Kachi, page-572

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    Now that we know that Chile is "Nationalising" Lithium Mines:

    The countries left in the Lithium triangle are Argentina and Bolivia. Clearly fewer assets, and more money chasing these assets will result in these asset prices climbing higher. Nationalising also means government departments will now handle Chile's vast reserves - and we know how efficient governments are.

    Very very good for LKE - our 550,000 square meters of land goes up in value

    On another note, our partner Lilac has also been progressing with the other key country, Bolivia. So I think it is a matter of time before this share prices starts rising

    Lilac Solutions Advances in Bolivian Lithium Extraction Technology Selection Process



    Lilac Solutions is pleased to have been selected by the Bolivian government to move forward in their DLE New Technology Piloting process based on Lilac’s strong piloting results with brine samples from Bolivia.

    The Lilac team has appreciated the opportunity to participate in Bolivia’s rigorous technical diligence process. We are excited by the excellent results that we have demonstrated in order to be selected to move forward. As has been publicly reported, Bolivia initially considered over 20 technology companies, from which it selected eight firms to advance to piloting work in 2021. Lilac has now been selected to move forward as one of six prospective technology partners.

    Our lithium extraction technology is very well suited to Bolivia’s brines, as evidenced by our strong piloting results. The Lilac technology is capable of producing lithium from brines with challenging impurity profiles, and we are confident that deploying our technology in Bolivia will result in lithium production marked by high lithium recoveries, minimal environmental impact, and rapid implementation and scalability.

    We are proud to move forward in Bolivia’s DLE New Technology Piloting process and look forward to working with the Bolivian government and local communities to develop large, high-quality lithium projects that benefit the entire country.

 
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