Lake Resources NL and Partner Lilac Solutions Inc Move Forward with Commissioning of Demonstration Plant at Kachi Lithium Project

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Lake Resources NL (ASX:LKE, OTCQB:LLKKF) and technology partner Lilac Solutions Inc continue to advance the process of commissioning the demonstration plant at the Kachi Lithium project in Argentina.

Lilac Solutions has confirmed completion of dry commissioning and expects to begin wet commissioning of the plant on September 22.

Additionally, Lilac plans to begin on-site processing of Kachi brines during the first week of October.

While on September 14, 2022, Lake issued a Notice of Dispute in connection with its agreement with Lilac, with respect to certain execution times, Lake advises that work in progress is being carried out by Lilac at the Kachi Project and all parties are confident that the on-site operations will be successful.

Last week, Lake raised a dispute with Lilac over the delay in completing some of the steps to secure a 25% stake in Kachi.

Lilac, backed by Bill Gates, believes he has until November 30 to complete the necessary steps to gain up to 25% of the Kachi project, while Lake believes the steps must be completed by September 30..

Plan progress

Lake has confirmed that construction of the facility to house the Lilac demonstration plant is now complete.

The company’s test program is based on operating the demonstration plant for 1,000 hours.

it is expected that the first 2,000 liters of lithium concentrate produced from the demonstration plant will be sent for conversion to lithium carbonate upon delivery.

Lake proposes that this final lithium product is then qualified by a Tier 1 battery manufacturer to validate product specifications.

About Kachi

Lake’s flagship project, Kachi, is located in Argentina’s Catamarca province, at the southern end of the lithium triangle, a world-renowned province responsible for 40% of global lithium production.

Using direct mining technology provided by the company’s technology partner, Lake plans to produce a durable, high-purity lithium carbonate product at Kachi capable of attracting high prices from battery manufacturers. cathodes.

Importantly, the direct extraction process is an environmentally friendly technology since virtually all water (brine) is returned to its source, providing the electric vehicle and battery industry with a source of lithium sustainable and consistent quality for their supply chains.

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