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Lepidico Announce High Specification Caesium-Rubidium Formate Produced

  • Caesium-rubidium formate brine produced from Pilot Plant Campaign 1 with specific gravity of 2.3
  • Key specification criteria meet requirements for oil industry application; qualification process has commenced
  • Further samples of rubidium-rich compounds are being produced for third-party assessment
  • Caesium and rubidium compounds represent potential additional Phase 1 Plant by-products, manufactured under a stand-alone provisional patent application
Lepidico Ltd (ASX:LPD) (“Lepidico” or “Company”) is pleased to advise that a high specification sample of caesium-rubidium formate brine with a specific gravity (SG) of 2.3 has been produced from Pilot Plant potassium circuit liquor . The process technology for producing the heavy formate brine is owned by Lepidico and subject to a stand-alone international patent application filed in February 2017.

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