LKE 3.33% 5.8¢ lake resources n.l.

Created a new thread to discuss LKE 2.0 and monitor it's...

  1. Suw
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    Created a new thread to discuss LKE 2.0 and monitor it's progress

    *Strategically delivering on Kachi
    - Working with strategic advisors on project financing
    - Meeting with local communities in Catamarca monthly to provide project updates
    - Discussions with US, European and Argentine regulators regarding strengthening the lithium supply
    chain
    - Ongoing discussions with SK On and WMC

    *Next Steps
    - Process design model complete
    - Finalizing power design
    - Kachi Demo plant testing near completion
    - On target for completion of Phase 1 DFS in December 2023

    *Focus of the last 30 days (Kachi DFS Phase-1)
    Process Design – fixed and incorporated in DFS design
    Power Design – nearing completion of DFS level studies and pricing validation
    Finalizing modifying factor input – For use by hydrogeology teams in modelling
    Equipment list completion – Market engagement
    Capex/Opex estimates – Progressive compilation commenced
    EIA deliverables – Received hydrogeology and process design inputs
    All activities are progressing on schedule

    * from ASX announcement 28th Sep 2023

    Further Drilling at Flagship Kachi Project Reveals Higher Lithium Grades and Large Vertical Extension of
    Lithium-Bearing Brine
    (ASX announcement 4th October 2023)
 
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