Lake Resources N.L. (ASX:LKE) is witnessing an increasing interest in lithium players and projects in northern Argentina, where the lithium brine producer's flagship Kachi Lithium Brine Project is located.
Lakes Kachi and other 100%-owned leases are in a prime location among the lithium sectors largest players within the Lithium Triangle, where about 40% of the worlds lithium is produced.
The region has seen increased acquisition activity recently with Orocobre Limited (ASX:ORE) (TSE:ORL) entering into an agreement to acquire 100% of Advantage Lithium Corp (CVE:AAL) (OTCQX:AVLIF).
Advantage Lithiums Cauchari Lithium Project contains 4.8 million tonnes of measured and indicated lithium carbonate resource and lies only 20 kilometres from Orocobres producing Olaroz lithium facility.
Ganfeng – Lithium Americas project[hhmc]
Earlier this month, world-leading lithium manufacturer Ganfeng Lithium Co Ltd (SHE:002460) agreed to pay US$16 million to Read More – Source
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