Lake Resources Prepares To Make A Splash In Lithium

The company is working on a prefeasibility study for what is expected to be a scalable, low-cost lithium brine development at its flagship Kachi project, located south of Livent's (formerly FMC) long-running production centre in the Catamarca province.

By year-end, Promnitz expects to have a completed PFS in hand, the currently under-construction pilot plant operating on site and likely a development partner signed up for what is described as one of the world's top 10 brine resources.

The company could then turn more attention to its other prospective lithium brine and hardrock projects in Argentina.

The Kachi PFS is investigating both the traditional evaporation method and a direct extraction process, offered by partner Lilac Solutions, which is expected to demonstrate superior recoveries and cost reductions shown in benchtop testing, projected to put Kachi in the lowest quartile of cash costs.