Interview with Stephen Promnitz, Managing Director at Lake Resources, filmed at 121 Mining Investment London May 2022.
Lake Resources NL (ASX:LKE; OTC:LLKKF) is providing a clean solution to the delivery of high quality lithium into the battery supply chain powering the energy transition to electric vehicles. Lake uses disruptive, direct extraction technology from its partner, Lilac Solutions in California, for efficient production of high purity lithium with significant ESG benefits, demonstrated in a pilot plant.
The flagship Kachi Lithium Brine Project is indicatively financed into production at 50,000 tonnes/year lithium carbonate in 2024 with long dated low cost project finance from the UK Export Finance and Canada’s EDC.
Lake’s ambition is to produce 100,000 tonnes/year of the cleanest battery quality lithium carbonate, with ESG benefits, by 2030 for use in the accelerating battery and electric vehicle (EV) market.
Primary ticker: ASX:LKE, OTC:LLKKF
Stage of development: Exploration, Development, Production
Primary minerals: Lithium
Project to promote: Kachi Project
Project location: Argentina
Website: www.lakeresources.com.au
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