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Lake Resources focuses on low-cost lithium development with Argentina projects

Lake Resources NL (ASX:LKE) managing director Steve Promnitz speaks to Proactive Investors about the lithium-focused company's exploration work in Argentina, where it has three different projects underway.
 
The company raised $2.7 million in a private raising to fund its drilling and exploration work.
 
Promnitz notes the low cost of lithium brine production in South America, compared to the hard rock lithium found in Western Australia. 

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Price: 0.04 AUD

ASX:LKE
Market: ASX
Market Cap: $26.86 m
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Lake Resources gets "vote of confidence" as partner secures $20 million from...

Lake Resources Ltd’s (ASX:LKE) is buoyed by the news that its partner and provider of a sustainable direct extraction ion exchange process for lithium brine, Lilac Solutions, has secured US$20 million through Bill Gates-led fund Breakthrough Energy. LKE's managing director Steve Promnitz told...

on 24/2/20

2 min read