At the Heart of the Lithium Triangle
Stock Code:
ASX: LKE
Company Exposure:
Lithium
Project Locations:
Argentina
Lake Resources is an Australian listed company developing four lithium projects in Argentina’s Lithium Triangle, a recognised province that produces around 50% of the world’s lithium resources at the lowest cost. Lake has a large lithium lease holding in Argentina of over 2,000 km2. Pre-production of lithium products is scheduled in early 2020 from a pilot plant using an efficient direct extraction process for high purity lithium carbonate or hydroxide from the Kachi lithium brine project. The Kachi Project hosts a JORC resource of 4.4Mt of contained lithium carbonate equivalent (LCE), one of the world’s top 10 brine resources.
Investment Highlights
- Large lithium lease holdings in Argentina (200,000 ha) 100% owned
- Projects side-by-side with the lithium heavyweights/producers
» Neighbours’ market value ranges from $100m to $1,000m - Advancing to Pre-Production
» Pilot plant construction & PFS over a top 10 lithium brine resource (Kachi Project)
» Initial product -battery makers Q1 2020 - Disruptive & rapid extraction process delivering high-purity concentrate with very low levels of impurities
- Recent discovery at Cauchari Project
» Extension of adjacent large lithium brine resource