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Quarterly Report
35% IRR and high operating margins with an annual EBITDA of US$260 million (refer ASX announcement 17 Mar 2021 and 28 April 2020). The capital cost (capex) estimate is US$544 million, with an operating cost (opex) of US$4178/tonne Li2CO3. Definitive Feasibility Study (DFS) increased to 50,000 tpa LCE
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Lake Resources LKE.AX, OTC: LLKKF
lakeresources.com.aureflect management’s January 2022 decision to build Kachi to 50,000 tpa LCE, and higher lithium prices. Chinese spot market lithium carbonate prices have soared 805% since the start of 2021 with prices for 99.5% lithium carbonate now above US$75,000/t. While management’s approach in the PFS was sensibly conservative, the simple fact is that
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