Lake Resources NL Stock Market Press Releases and Company Profile

View in Other Languages Lake Resources NL (ASX:LKE) 试验厂加工盐卤水 Lake Resources NL (ASX:LKE) Pilot Plant Processing Brines 
Pilot Plant Processing Brines
Pilot Plant Processing Brines

Brisbane, Feb 18, 2020 AEST (ABN Newswire) - Lithium explorer and developer Lake Resources NL (googlechartASX:LKE) (googlechartLK1:FRA) provides this update on ongoing test work and commissioning of the Lilac Solutions ion exchange pilot plant module.

As shareholders are aware, ~20,000 litres of brine samples are being transported from Kachi and are currently on the west coast and expected to arrive in 10 days to the docks in Oakland, California. These brine samples will be initially used to complete the commissioning of a Lilac Solutions pilot-scale ion exchange module. High-purity lithium chloride will be produced for conversion to battery-grade lithium carbonate. Deliveries of lithium carbonate samples to downstream groups are being planned to start the qualification process with off takers.

In the lead up to this test program, Lake and Lilac Solutions are currently testing ~5,000 litres of 'replicate brine' through the ion exchange pilot plant as commissioning in preparation for the arrival and testing of the Kachi brines and to ensure the technology is consistent and fully functional.

The replicate samples are expected to produce very similar results as the initial Kachi brines and Lake and Lilac will report on the outcomes from this test work.

Lake's Managing Director Steve Promnitz said: "Our key focus at this time is to prove conclusively that the Lilac Solutions pilot-scale ion exchange module can consistently process the Kachi brines into high purity, battery grade lithium carbonate at volume. The rationale for processing these replicate brines is to ensure the pilot plant testing of the actual Kachi brines is completed without a 'hitch'.

"This is a transformational moment in the industry. Lake has an almost unique opportunity to deliver more sustainable lithium products with very low impurities - what EV makers and battery makers are increasingly seeking. The Kachi brines will arrive at Lilac in the next 10 days and testing will commence shortly thereafter. This is a critical program for Lake and Lilac and we look forward to providing updates as the test work unfolds."

Lake aims to produce at Kachi a high quality, low impurity product capable of attracting premium pricing. The PFS which is almost completed is anticipated to show production costs in the lower part of the global cost curve.

The direct extraction process, together with the Kachi project, offers a sustainable solution for the downstream battery makers by extracting lithium from brines using ion exchange without traditional evaporation ponds. Brine is returned to the aquifer once the lithium has been extracted without changing the brine chemistry.

This addresses increasing interest from electric vehicle makers (OEM's) and battery makers to demonstrate they have access to a sustainable scalable supply chain for raw materials.

To view the release, please visit:
https://abnnewswire.net/lnk/2KWOTC2D


About Lake Resources NL

Lake ResourcesLake Resources NL (ASX:LKE)  (OTCMKTS:LLKKF) is a clean lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina among three other projects covering 220,000 ha.

This ion exchange extraction technology delivers a solution for two rising demands - high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials with low carbon footprint and significant ESG benefits.

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Contact

Steve Promnitz
Managing Director
Lake Resources N.L.
T: +61-2-9188-7864
E: steve@lakeresources.com.au



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