Lithium Energys lithium in brine recovery exceeds expectations

–News Direct–

Lithium Energy Ltd (ASX:LEL) chairman William Johnson joins Jonathan Jackson in the Proactive studio to talk through resin recovery of 92% lithium in brine from the Solaroz Project in Argentina. The result came during large-scale laboratory test-work conducted by partner Xian Lanshen New Material Technology Co. Ltd and is an important step in the development process for Lanshen to finalise the design of a demonstration direct lithium extraction (DLE) plant. Johnson also covers the coming pilot plant testing, when investors can expect this and what it will tell the company moving forward. Finally, he goes through what investors can expect as we head deeper into 2024.

"These results from the Lanshen test-work have exceeded our expectations and prove that the high quality of the Solaroz brine performs well both with traditional pond evaporation and with Lanshen propriety DLE adsorbent resin technology," Johnson said.

"These results have given the company the confidence to continue with further tests and plan for the commencement of a Lanshen Pilot Plant test-work program, which will be the final step required by Lanshen to finalise the design, capex and performance parameters for the proposed Lanshen funded 3,000tpa demonstration plant at Solaroz."

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/lithium-energys-lithium-in-brine-recovery-exceeds-expectations-929264753

LITHIUM ENERGY LIMITED

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COMTEX_448242732/2655/2024-02-23T13:18:21

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