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Kachi Project: Lake Resources Announces Completion of Power FEED

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Kachi Project: Lake Resources Announces Completion of Power FEED
Kachi Project: Lake Resources Announces Completion of Power FEED
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Lake’s flagship Kachi Lithium Brine Project is located in Catamarca Province.

By Panorama Minero

Lake Resources N.L. announced the successful completion of the Front-End Engineering Design (“FEED”) study by YPF Luz for the delivery of power to Lake’s flagship Kachi Project.

The FEED study, initiated in May 2024, marks another key milestone in the development of Kachi’s infrastructure roadmap. The completed FEED study provides a solution for Kachi’s electrical interconnection to the Argentine national grid, including proposed infrastructure routing, system specifications, and integration options tailored to Kachi’s projected power demands. Lake extends its appreciation to YPF Luz for its timely and professional execution of this important work. “The completion of the FEED study is an important step forward for Lake and the Kachi Project and shows that grid power is a viable solution to meet the project’s power demands,” said David Dickson, CEO of Lake. YPF Luz and Lake remain in dialogue regarding next steps following completion of the FEED.

Lake also welcomes the recent announcement (1) by YPF Luz and Central Puerto S.A., which have signed a strategic agreement to jointly develop an electrical interconnection project aimed at enhancing power infrastructure and enabling sustainable mining growth in Argentina’s Puna Region, which includes the Kachi site. This initiative, strongly supported by the Lithium Board comprised of the Governors of Jujuy, Salta and Catamarca Provinces (2), is expected to materially improve power availability, reliability, and renewable energy integration for mining and industrial users across the region.

“The broader infrastructure initiative between YPF Luz and Central Puerto underscores the importance of bringing grid power to this region of Argentina to enable development of the country’s resources in remote areas for Argentina to secure itself as a global leader in lithium supply,” said Mr. Dickson.

(1) See https://www.centralpuerto.com/en/noticias/central-puerto-and-ypf-luz-sign-a-strategic-agreement-to-develop-an-electrical-interconnection-project-and-boost-mining-growth-in-the-noa-region/

(2) https://www.panorama-minero.com/en/news/raul-jalil-leads-the-lithium-board-with-new-strategic-agreements

Published by: Panorama Minero

Category: News

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