- Lake Resources (LKE) delivers “at specification” product from its Kachi demonstration plant in Argentina after completing initial test work at the site
- The company is processing Kachi brines at the demo plant, with final optimisation of the process now nearing completion
- According to David Snydacker, the CEO of Lake partner company Lilac Solutions, the project is achieving 80 per cent lithium recoveries just one month after the start of wet commissioning
- Lake proposes that this final lithium product will then be qualified by a tier-one battery maker to validate product specifications
- Shares in Lake Resources jumped 8.49 per cent to trade at $1.15 at 12:51 pm AEDT
Lake Resources (LKE) has delivered “at specification” product from its Kachi demonstration plant in Argentina after completing initial test work at the site.
The company said the construction of the onsite plant had been completed, and the wet and dry commissioning process took place during September and October.
Currently, Lake and its partner company, Lilac Solutions, are processing Kachi brines at the demo plant, with final optimisation of the process now nearing completion.
According to Lilac CEO David Snydacker, the project was achieving 80 per cent lithium recoveries just one month after the start of wet commissioning.
Lake CEO David Dickson said he was “delighted” to see the initial results achieving anticipated specifications.
“This validates the many years of test work that took place in Lilac’s Oakland facility during COVID whilst access to site was impossible,” Mr Dickson said.
“We look forward to seeing the test work move into to steady state and then for the process to be validated by Hatch so that work on the DFS can be completed.”
Lake proposed that the final lithium product from the test work be qualified by a tier-one battery maker to validate product specifications.
In early September, Lake reported a dispute with Lilac over its earn-in milestones at the project. Lilac is earning a 25 per cent stake in the Kachi project.
Nevertheless, the demonstration test work is continuing despite the disagreement.
Shares in Lake Resources jumped 8.49 per cent to trade at $1.15 at 12:51 pm AEDT.