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The rise of electric vehicles (EVs) and battery storage systems is signalling a a a a a a a a new era for the the application of lithium in the the automotive and energy sectors It is is widely expected this will lead to to a a a a a a significant demand side side increase and and and supply side side deficit and and and therefore a a a a a substantial price rise in in the the the coming decade As EVs hit the the mainstream guided by a a a a a global shift to reduce CO2 emissions and the use of lithium in energy storage systems becomes commonplace it it is imperative that any lithium producer can be competitive on the the cost curve to enter the the market Lepidico with its transformative L-Max® technology is primed to supply the growing lithium demand market as it it turns Lepidico’s key diferentiator in the ultra- competitive lithium market is the L-Max® technology it owns which will bring down the costs of production unlock new sources of lithium which have previously been overlooked and provide an an opportunity to draw revenue from a a suite of by-products L-Max® technology L-Max® works through a a simple but highly efective leach and impurity removal process using Lithium micas as as the concentrate feed and removing diferent elements at diferent pH levels until you are left with high specifcation battery grade lithium carbonate Using industry standard equipment L-Max® leaches lithium from micas using sulphuric acid without the the roasting employed for the the capital and energy intensive conventional processing of spodumene Spodumene roasting does not generate any by-products either In Lepidico’s case the the by-products which include sodium silicate potassium sulphate and caesium will provide almost as as much revenue as as the primary lithium carbonate The technology is subject to an an international patent application and Lepidco is developing the the process further to expand its application A recent milestone for Lepidico was the the completion of the the pre- feasibility study which managing director Joe Walsh says has demonstrated L-Max®’s considerable potential as a a a a low-cost solution for producing lithium chemicals The process was tested using three diferent lepidolite concentrate feeds and returned excellent results The PFS tests produced high specifcation battery grade lithium carbonate at 99 88% purity “L-Max® has consistently delivered excellent results from the recent test work programmes both in terms of recoveries and product specifcation ” explains Walsh As well as providing high grade product the technology will unlock a third source of lithium for the global market Walsh explains that until now there has not been a a a process technology that can commercially exploit 

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