Lake Resources NL

Clean lithium developer Lake Resources NL is pleased to provide an update on progress at the Kachi project lithium processing demonstration plant. Completion of construction of the demonstration plant on site and the wet and dry commissioning process took place during September and October. The demonstration plant is now processing Kachi brines with final optimisation of the process now nearing completion. Lilac Solutions [...]

Lake Resources NL is providing a clean solution to the delivery of high quality lithium into the battery materials supply chain powering the energy transition. Lake uses disruptive, ion exchange extraction technology, from Lilac Solutions Inc in California , who is earning into the flagship Kachi Project, for efficient production of high purity lithium with significant ESG benefits. No mining is involved in the brine [...]

Lake Resources NL is pursuing the production of sustainable, high purity lithium using ion exchange technology. Lake aims to deliver a high purity, battery-grade product with minimal environmental impact, offering substantial ESG benefits. The Company is finalising a definitive feasibility study for the production of 50,000 tonnes per annum LCE at its Kachi Lithium Project. Added to its other lithium projects of Cauchari [...]

Lake Resources NL has appointed Mr Scott Munro to the newly created position of Senior Vice President - Technology, Strategy and Risk. This is a key appointment to strengthen and broaden the experience of the Lake Resources management team and build the business for the long term. "This role will lead Technology engagement for the company as it transitions towards development of resources and will support the continuing [...]

SK On to receive battery-grade lithium for a maximum 10 years after acquiring 10 percent stake in Lake Resources Deal reinforces SK On's supply chain diversification efforts with global partners SK On, a leading global electric vehicle battery manufacturer, announced today it has signed a lithium supply deal with Australia's Lake Resources, a move that will further strengthen its key battery materials supply chain in [...]

Clean lithium developer Lake Resources NL advises that is has entered into a Conditional Framework Agreement with SK On Co., Ltd. for the offtake of up to 25,000 tonnes per annum of lithium from the Kachi Project which includes 10 percent investment by SK On in Lake via the issue of new ordinary shares. Significant terms of the CFA are as follows: - A strategic investment of a 10 percent stake in Lake - Offtake of 50 [...]

Clean lithium developer Lake Resources NL announces that it has entered into a Conditional Framework Agreement with WMC ENERGY B.V. for the offtake of up to 25,000 mtpa of battery grade lithium from the Kachi Project and a 10 percent investment by WMC in Lake. The key terms of the CFA are as follows: - A 10 percent investment in Lake at AUD1.20 per share to support the realization of the Kachi Project; - Offtake of 50 [...]

Lake Resources NL advises that Dr Nicholas Lindsay's role as Technical Director concluded on 30 September 2022 following a period of 21 months overseeing the Company's DFS for the Kachi Project and other related work streams. The Company would like to thank Dr Lindsay for his commitment and efforts over that period working with our technical team across all facets of the definitive feasibility study. Dr Lindsay will [...]

Lake Resources NL advises that work proceeds with Lilac Solutions, Inc. on site at the Kachi Project in Argentina, with commissioning now underway on the demonstration plant. Whilst on 14 September 2022 Lake issued a Notice of Dispute under its agreement with Lilac, in respect of certain performance timelines , Lake wishes to advise that ongoing work is being done by Lilac at the Kachi Project and all parties are [...]

Lake Resources NL wishes to update the market in respect of progress under its Pilot Project Agreement dated on or about 21 September 2021 with Lilac Solutions Inc., . Lilac will earn in to the Kachi Project, up to a 25% stake, based on achievement of certain milestones under the Agreement by an agreed date. These milestones include Lilac: - completing at least 1,000 hours of operations of the Lilac Pilot Unit onsite at [...]