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ASX-listed Lake Resource’s stock price strengthened Monday as the company announced the advancement of its Kachi lithium brine project in Argentina from its pilot stage, positioning it to become the first in South America to produce lithium commercially without evaporation ponds.
It’s the first successful implementation of ion exchange for lithium production in South America, home to most of the world’s lithium brine resources, Lake and Lilac said.
Together with its direct lithium extraction technology partner, Lilac Solutions, Lake announced the production of 2,500kg of lithium carbonate equivalents at the Kachi lithium pilot plant.
Product qualification next step at Kachi
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