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- Lake Resources (LKE) has produced first lithium chloride samples from Lilac Solutions’ lithium extraction facility using brine from Lake’s Kachi Lithium Brine Project
- Lake is aiming to produce one lithium chloride sample per week, which will later be converted into lithium carbonate
- Lithium carbonate will then be dispatched to potential offtake partners to manufacture battery and cathode products
- The companies are continuing to process the 20,000 litres of brine delivered from Lake’s Kachi Project
- The latest samples will be analysed next week
- Company shares remain in the grey and are trading for four cents each
Lake Resources (LKE) and Lilac Solutions have inched closer to delivering high purity, responsibly-sourced lithium.
The partners have successfully produced first lithium chloride samples from Lilac’s lithium extraction pilot plant using brine from Lake’s Kachi Lithium Brine Project.
In March, Lake delivered 20,000 litres of brine to be processed at Lilac’s newly upgraded industrial facility in California.
The samples show high lithium concentrations, as previously demonstrated in January 2020 at lab scale. At the start of the year, Lake produced battery-grade lithium carbonate at 99.9 per cent purity. This was a massive achievement, as it exceeded the industry standard of 99.5 per cent.
The latest samples will be analysed next week.
“Production of larger size lithium chloride samples has now been demonstrated at a much larger scale, with similar results to the initial, smaller samples reported,” Managing Director Steve Promnitz said.
Lake is targeting production of one lithium chloride sample per week. These will later be converted into lithium carbonate and then dispatched to potential offtake partners.
“We eagerly await the release of these first samples and ramping up our negotiations with potential off-takers,” Steve added.
Lake’s recent Kachi pre-feasibility study (PFS) demonstrated the cost-competitive, sustainable and scalable nature of Lilac’s process. The process will be employed at the Kachi Project, where it will produce a premium, battery-grade product for global manufacturers.
Company shares remain in the grey and are trading for four cents each at 11:29 am AEST.
