Lepidico Ltd (ASX:LPD)
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.