A couple of highlights from the 2022Q2 report not yet commented...

A couple of highlights from the 2022Q2 report not yet commented on here include:

By-Product Placement
JW has always been positive about the ability to sell the high-volume by-products locally within the UAE. The LOIs are more than likely going to lead to agreements.

The ability to produce lithium chemicals with zero hard waste is unique in the both the lithium mica sector and the broader lithium chemical sector. The roasting undertaken by Chinese lepidolite converters (with 20t of waste for every tonne of lithium) stands in stark contrast to the best-in-industry hydrometallurgical process employed by LPD.

Patent Extension
Great news that the patent for lithium recovery from phosphate minerals has been granted. Lithium recovery from amblygonite has the potential to significantly expand the scope of LPD's opportunity. Amblygonite typically has higher lithium concentrations than lepidolite.

Core patents owned by LPD (LOH-Max and S-Max) have entered the national and regional phase, where the protection is progressively extended into other jurisdictions. Effective protection is already available through the membership and recognition of the PCT by countries like China. Comment to the contrary is ill-informed. The patent extension should be a formality (important, but not urgent).