Quarterly Activities and Cashflow Report
Brisbane, Oct 29, 2020 AEST (ABN Newswire) - Lake Resources NL (
ASX:LKE) (LLKKF:OTCMKTS) has now demonstrated at pilot scale a clean, sustainable, cost-competitive solution to delivering high purity lithium products using Lilac Solution's direct lithium extraction (DLE) method with the lithium bearing salty water (brine) at Lake's Kachi project.
Brine can be reinjected into the aquifer once the lithium has been removed, without adjusting its chemistry or adding reagents. Traditional evaporation ponds are not required. No mining is involved. This offers an responsibly sourced, sustainable solution for an industry at the forefront of the global clean energy revolution.
Lake's ambition is to produce the cleanest battery quality lithium carbonate at scale for use in the accelerating battery and EV market.
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About Lake Resources NL
Lake 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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