Australia's Lake Resources up on hitting Kachi project milestones

Lake Resources NL

10/01/2023 03:11

** Shares of Australia's Lake Resources NL  LKE.AX  rise as
much as 8.5% to A$0.895, their highest since Dec. 14, 2022
    ** LKE top performer in the ASX 200 benchmark index  .AXJO 
    ** Lithium developer says it and partner Lilac Solutions Inc
have met all key testing milestones for Project Kachi in
Argentina in accordance with the agreed timeline
    ** The two companies had agreed to amended the timeline
after a dispute over the deadline to hit certain milestones
    ** LKE fell ~21% in 2022
 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))