Lepidico Ltd (ASX:LPD)

Joe Walsh
Market Cap (AUD): 185.88M
Sector: Materials
Last Trade (AUD): 0.029 +0 (+0%)
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1. About

Lepidico Ltd (ASX:LPD) is focused on exploration, development and production of lithium chemicals. 

Lepidico owns the technology that has successfully produced lithium carbonate from non-conventional sources, specifically lithium-rich mica minerals including lepidolite and zinnwaldite. The L-Max Process has the potential to create low-cost lithium carbonate supply from alternative sources. 

Recently Lepidico has added LOH-Max to its technology base, which produces lithium hydroxide from lithium sulphate without by-product sodium sulphate. Lepidico has completed a Definitive Feasibility Study for a nominal 5,000 tonne per annum Lithium Hydroxide Monohydrate capacity Phase 1 lithium chemical plant and is targeting commercial production for 2023. 

The Project incorporates Lepidicos proprietary L-Max and LOH-Max technologies. Feed to the Phase 1 Plant is planned to be sourced from the Karibib Project in Namibia, 80% owned by Lepidico.

2. Business model

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6. History

7. Team

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9. Risk