Lake’s Managing Director Steve Promnitz said: “We are pleased to see the excellent results at lab scale will be demonstrated with the pilot plant and look forward to seeing it on site as part of our PFS for Kachi.
“The production of samples from the plant will give potential partners, including battery makers and cathode makers, increased confidence in the technology to produce consistent high quality, low impurity products that suit the downstream market amid an increased focus on the cost-competitiveness of lithium brines.
“This will be potentially a disruptive force for the lithium supply chain by delivering a quick, efficient, flexible, scalable and sustainable extraction method compared to traditional evaporation methods that are coming under increased scrutiny due to their impact on local ecosystems.” Lilac’s CEO Dave Snydacker commented:
“The performance of the Lilac method on the Kachi brines has been exceptional – a fast, low impurity product has been produced with the ion exchange beads performing even better than expected.
“We look forward to continuing to demonstrate the high potential for low cost premium lithium product in partnership with Lake Resources, which has shown its readiness to adopt industry-leading solutions for the benefit of all stakeholders.”
LKE Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
