The Assay TV catches up with Steve Promnitz, Managing Director & CEO of Lake Resources (ASX: LKE, OTC: LLKKF), to update its flagship Kachi project in the Lithium Triangle, Argentina. It extracts the world’s highest purity lithium by clean, direct extraction technology, bringing smaller environmental and carbon footprints with ESG benefits.
The Definitive Feasibility Study results will come out in Q1 next year, and it may double the lithium carbonate production to 51,000 tpa. Steve believes Lake Resources will become one of the world’s top four lithium producers afterward.
Primary tickers: ASX:LKE, OTC:LLKKF
Stages of development: Exploration, Development
Project to promote: Kachi Project
Project location: Argentina