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Full interview: Lake Resources watches Orocobre and Ganfeng Lithium acquisitions in neighbourhood

Lake Resources N.L. (ASX:LKE) managing director Steve Promnitz updates Proactive on Orocobre Limited's (ASX:ORE) acquisition of Advantage Lithium, which will allow Orocobre to develop in Argentina's Olaroz/Cauchari basin and become a neighbour of lithium brine producer Lake Resources.

Brisbane-based Orocobre is one of the world's largest and lowest-cost lithium chemical producers.

The MD also spoke about world-leading lithium manufacturer Ganfeng Lithium increasing its interest in another of Lake's Argentine neighbours last week as interest in the lithium sector heats up, lifting Lake Resources' potential.

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Price: 0.033 AUD

ASX:LKE
Market: ASX
Market Cap: $20.87 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