Lake Resources (ASX:LKE) secured approval from the government of Catamarca for its Kachi lithium brine project in Argentina after it completed the management plan and strategic environmental assessment for the Ramsar North Subsite named "Lagunas Altoandinas y Puneñas," according to a Thursday Australian bourse filing.
The approval is a step forward for the receipt of the final exploitation environmental impact assessment approvals anticipated in 2026, per the filing.
The firm's shares fell 1% in recent trading on Thursday.