Lake Resources NL (LKE.AX) Quarterly Activities and Cashflow Report
Brisbane, Australia, Oct 29, 2020 - (ABN Newswire) - Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) 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 clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.
This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Lake Resources N.L.
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Lake Resources NL
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