https://kalkinemedia.com/2018/12/19/2-lithium-stocks-lpd-and-pls/...

https://kalkinemedia.com/2018/12/19/2-lithium-stocks-lpd-and-pls/

Lepidico Ltd (ASX: LPD)

Lepidico Ltd (ASX: LPD) is a Perth-based lithium company which explores and develops lithium assets, particularly those containing lithium-rich mica minerals. On 18 December 2018, the company announced that its L-Max® Pilot Plant Project, which is currently in the implementation phase has reached a significant milestone with all major items of mechanical equipment ordered and a sample of partially concentrated plant feed secured.

Further, the company also informed that the Fabrication of its first crystallisers and evaporator is on schedule for completion in December 2018, with the first unit already fabricated. Further, the Fabrication of the steel skids that will house the process equipment has commenced with delivery scheduled for the end of January, which will allow plant construction to commence.  During the September quarter, the company made significant advances in the development of the L-Max® product suite, in collaboration with consultants Strategic Metallurgy Pty Ltd. Further to support this work a process design was finalized for a small-scale L-Max® pilot plant.