Lake Resources Unit Sells Noncore Lithium Assets in Argentina for $9 Million

MT Newswires Live

2024-11-13

Lake Resources' (ASX:LKE) wholly-owned subsidiary sold noncore lithium brine assets Paso de Jama, Olaroz, and Cauchari in Argentina for $9 million.

Proceeds will be used to advance the company's flagship asset, the Kachi lithium project in Argentina, according to a Wednesday filing with the Australian bourse.

The transaction is expected to close by the end of 2024.

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