Lake Resources (ASX:LKE) Presentation, May 2019

Company Presentations

Lake Resources (ASX:LKE) Managing Director Steve Promnitz presents an update on its development of four lithium projects in the heart of the Lithium Triangle, which produces more than 50% of the world’s lithium (at the lowest cost). 

Key points:

  • Demand for lithium is forecast to increase sixfold by 2030 due to EV’s & energy storage.
  • Our projects are side-by-side with the heavyweights in the lithium triangle.
  • The lithium triangle produces more than 50% of the world’s lithium (at the lowest cost).
  • Lake is drilling within 400m of this project - the world’s largest lithium brine resource.
  • In August 2018, SQM sold its stake in the Cauchari Project. China’s Ganfeng paid US$237 +160 million for 50%.
  • 3 Projects: Kachi, Cauchari & Olaroz. 
  • Strategy.

For more, watch the presentation above with Steve Promnitz.