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Lake Resources (LKE) investor relations material
Lake Resources Precious Metals & Critical Minerals Virtual Investor Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Project overview and development milestones
Focused on the Kachi lithium brine project in Catamarca, Argentina, with a 25-year mine life and a resource of 11.1 million tons LCE, 8.2 million tons measured and indicated.
Phase one targets 25,000 tons per annum of battery-grade lithium carbonate at over 99.5% purity, with potential for future expansion.
Updated DFS in August 2023 reflects higher brine concentration (268 mg/L), improving CapEx and OpEx outlook.
Power supply solution developed with YPF Luz, integrating grid connection into project economics.
Received Ramsar site zonification approval in December, advancing environmental permitting.
Financials and economics
CapEx estimated at $1.16 billion for phase one; OpEx just under $5,900/ton, with power accounting for over 55% of OpEx.
Project NPV at $1.5 billion and IRR of 22.5%, based on $20,500/ton lithium price.
Cash position at end of December: AUD 50 million (~$10 million), with no debt and strong cost management.
Over 40% reduction in spending in 2025 compared to 2024, with continued focus on liquidity and cost control.
Technology and partnerships
Direct Lithium Extraction (DLE) technology partnership with Lilac Solutions, using ion exchange beads.
Lilac's Gen 5 DLE technology and new Nevada bead manufacturing facility support scalability up to 100,000 tons/year.
Lilac's offtake deal with Traxys and their own U.S. plant further validate technology's commercial viability.
Ongoing collaboration with Lilac, who remains a minority partner in Kachi.
Next Lake Resources earnings date
Next Lake Resources earnings date
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