US inflation reaches 9.1 per cent. Telstra completes $US1.6b Digicel Pacific acquisition. Netwealth, Australian Ethical flag FUM falls. Follow updates here.
Lithium explorer Lake Resources has rejected accusations by short selling research activist J Capital that its direct lithium extraction technology is inadequate for commercial scale lithium production at its Kachi Project in the Andes, Argentina.
It also said Lilac has completed extensive test work in support of Lake’s pre-feasibility study, with J Capital’s assertions of high costs, water usage, and toxic waste not pertaining to Lilac’s technology.
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