
Sustainable Lithium Extraction from Disruptive Technology
Lake Resources is using disruptive technology to sustainably extract lithium from brines to produce high-purity and high-value lithium products at low-cost. Lake's lithium carbonate product offers battery manufactures a green and clean alternative to traditional sources of lithium. Lake's product fits with the increasingly strict environmental and social requirements of many end-users of lithium-ion batteries, as well as those of more environmentally conscious investors. The company is currently in the process of taking its lithium-bearing brines all the way through the manufacturing process into battery cell production, something that separates the company from its peer group. Lake is also using direction extraction technology to produce lithium chloride from its Kachi Lithium Brine Project, located in the Catamarca Province of Argentina (Figure 1). The pilot plant, located in California, is operated by Lilac Solutions (private), a company backed by several billionaires, known for building innovative business. The pilot plant commenced operations in late June and completed the first round of operations in July. The chloride product produced is now being converted into battery-quality lithium carbonate by independent assay laboratory, Hazen Research Inc (private), based in Colorado.
|
Quick facts: Lake Resources NL
Price: 0.31 AUD
Market: ASX
Market Cap: $314.52 m
Follow
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Lake Resources NL named herein, including the promotion by the Company of Lake Resources NL in any Content on the Site, the Company receives...
FOR OUR FULL DISCLAIMER CLICK HERELEGAL NOTICE – IMPORTANT – PLEASE READ:
Proactive Research is a trading name of Proactive Investors Limited which is regulated and authorised by the Financial Conduct Authority (FCA) under firm registration...
FOR OUR FULL DISCLAIMER CLICK HERE