Lake Resources N.L. (AU:LKE) has released an update.
Lake Resources N.L. has signed a Letter of Intent with YPF Luz, a major Argentine electric power company, to negotiate the construction and delivery of a high voltage power supply for its Kachi lithium brine project. This strategic move, marking a critical milestone for Kachi’s development, aligns with Lake’s commitment to sustainability and is backed by strong institutional support following a successful capital raise. The collaboration is expected to support Argentina’s aim of growing lithium exports and enhancing its balance of payments and foreign reserves.
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