Join our daily newsletter At The Bell to receive exclusive market insights
- Lepidico has today received a United States Patent for its L-Max process technology
- The L-Max process is used to extract and recover lithium chemicals to supply lithium carbonate at a low cost
- L-Max complements the growing demand for sustainability as steam is the only material emission
- A recent trial saw L-Max producing lithium carbonate at 99.95 purity – this shows it is a significant asset to the industry
- Lepidico’s shares are up 2.56 per cent, with shares trading at 2 cents apiece
Lepidico has today received a United States Patent for its wholly-owned L-Max process technology.
The news follows Lepidico’s announcement on September 16 that the United States Patent and Trademark Office has advised it has issued a Notice of Allowance for the L-Max process.
The L-Max process is a low energy consumption hydro-metallurgical process. It is utilised to extract and recover lithium chemicals and certain by-products from lithium that contains mica and various lithium phosphate minerals.
The L-Max process has the potential to complement the lithium market by adding low-cost lithium carbonate supply from alternative sources.
It is also set to support the growing demand for sustainability in the industry as steam is the only material emission.
Importantly, the process residue is being evaluated as an environmental remediation product, which essentially aids in removing pollution and contamination from the environment.
Last week, the company’s L-Max pilot trial returned impressive results. The technology produced lithium carbonate at 99.95 per cent purity – furthering its significance to the lithium industry.
National and regional phase patent applications are now well advanced in other key jurisdictions where patent protection for L-Max is being pursued.
Lepidico’s shares are up 2.56 per cent, with shares trading at 2 cents apiece as at 12:03 pm AEDT.
