Lake Resources (ASX:LKE) completes lithium carbonate test program as DFS remains on track

• Lake Resources (LKE) completes a test program to produce battery-grade lithium carbonate
• LKE delivered 120,000 litres of concentrated lithium chloride eluate to Saltworks Technologies in Richmond, BC
• The eluate comes from the Kachi Lilac DLE Demonstration plant in Catamarca Province, Argentina
• The company remains on track for the completion of a DFS by the year’s end
• LKE shares are up 12.1 per cent, trading at 18.5 cents at 12:55 pm AEST

Lake Resources (LKE) has completed the Saltworks Technologies lithium carbonate test program to produce battery-grade lithium carbonate from Lilac DLE lithium chloride eluate.

The company delivered 120,000 litres of concentrated lithium chloride eluate to Saltworks Technologies in Richmond, BC for the carbonate production test work.

The eluate was derived from the Kachi Lilac DLE Demonstration plant in Catamarca Province, Argentina.

“Most DLE lithium carbonate announcements are based on a few kilograms of carbonate produced on a lab bench scale unit; we’ve produced more lithium carbonate than most DLE projects under development. This gives us great confidence in our process,” Lake CEO David Dickson said.

“The process plant design is underway, we have good optionality with our power supply, and environmental and community consultations are well underway, so we are very happy with the progress.

“We have drilled deeper for better grades and improved our drilling performance by 40 per cent this year.”

The DLE Demo Plant continues to operate in Catamarca, it is still actively operating and has produced 150,000 litres of eluate and processed more than three million litres of Kachi brine.

Prior to its scheduled shutdown in October, it is projected that the demonstration plant will generate more than 200,000 litres of elute and process approximately four million litres of Kachi brine from multiple wells.

The company remains on track for the completion of a definitive feasibility study (DFS) by the year’s end.

LKE shares were up 12.1 per cent, trading at 18.5 cents at 12:55 pm AEST.