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Lake Resources NL (ASX:LKE) Kachi PFS Refreshed with US$1.6Bn Value - ABN Newswire (@ABN_Newswire)


Lake Resources NL (ASX:LKE) Kachi PFS Refreshed with US$1.6Bn Value
  
 
Kachi PFS refreshed with US$1.6Bn valueBrisbane, Mar 17, 2021 AEST (ABN Newswire) - Clean lithium developer Lake Resources NL (
OTCMKTS:LLKKF) has refreshed the Company s flagship Kachi Lithium Brine Project Pre-Feasibility Study (PFS) based on revised lithium price estimates which has increased the project value NPV8 to US$1.6 billion (A$2.1 billion). Lake is assessing a potential expansion to production of lithium carbonate equivalent (LCE) from Kachi.
The Kachi Lithium Brine Project Pre-Feasibility Study (PFS) (refer ASX announcement 30 April 2020) of 25,500 tpa of lithium carbonate was refreshed with an updated lithium price forecast of US$15,500/tonne for high purity battery grade lithium carbonate (CIF Asia), without changing other parameters. This demonstrates a more robust financial outcome than the original conservative PFS price assumptions. ....

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Lake Resources NL (ASX:LKE) Positive Novonix Battery Results with Lake High Purity Lithium


Lake Resources NL (ASX:LKE) Positive Novonix Battery Results with Lake High Purity Lithium
  
 
Positive Novonix Battery Results with Lake High Purity LithiumBrisbane, Mar 2, 2021 AEST (ABN Newswire) - Clean lithium developer Lake Resources NL (
Novonix Limited (
OTCMKTS:NVNXF) received commercial samples of NMC622-hydroxide precursor from Tier 1 producers, together with samples of Lake s high 99.97% purity lithium carbonate, to conduct a real-world direct comparison of Lake s product into NMC622 batteries and its suitability for the nickel cathode sector.
Lake s high-quality product yielded improved capacity retention and better electrochemical behaviour in coin cells compared to the commercially available product from Tier 1 producers. ....

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