leadf
logo-loader
ASX:LKE OTCQB:LLKKF

Lake Resources NL

Receive alerts
Market:
ASX
Market Cap:
$697.51 m
Price
0.63 AUD
Change
7.76%
52 weeks high
0.65
52 weeks low
0.04

In brief

Lake Resources NL (ASX:LKE) is a clean lithium developer utilising ‘clean’ direct extraction technology for the production of sustainable, high purity lithium from its flagship Kachi Project within the Lithium Triangle in Argentina among other projects covering 200,000 hectares.

LKE’s Kachi Project is a large lease holding of 70,000 hectares with an expandable resource of 4.4 million tonnes of lithium carbonate equivalent of which only 20% is used for 25 years of production at 25,500 tonnes per annum.

The direct extraction method used by the company delivers a solution for two rising demands of electric vehicle batteries – high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials.

Snapshot

  • Lake Resources to leverage Lilac Solutions technology and funding partnership for Kachi Lithium Brine Project, shares up
  • Lake Resources provides investors “incredibly cheap” direct lithium extraction exposure: Orior Capital Limited
  • Lake Resources says Novonix results demonstrate the quality of its high purity lithium in batteries

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Lake Resources provides investors “incredibly cheap” direct lithium extraction exposure: Orior Capital Limited

Given the Kachi Project’s compelling ESG credentials and financial robustness, the report flagged a valuation of A$1.89 per share.

on 16/6/21