DLE projects provide painful data points
One of the major talking points at the Fastmarkets conference in Vegas was the update by Lake Resources (ASX:LKE), one of the world’s most high-profile DLE lithium developers, for its Kachi salar DLE project in Argentina. In its release, Lake pushed back its production target by three years to 2027 but the main talking point was the hike in its capital cost estimate to US$1.5bn from US$1.1bn. Later in the month, LithiumBank Resources (TSXV:LBNK) filed a PEA for its Boardwalk oilfield brine DLE project in Alberta, Canada. The initial capital cost (buried in a table on p2 of the release)...