(Reuters) – Australian lithium developer Lake Resources NL said on Thursday short seller J Capital Research’s report criticising partner Lilac Solutions Inc’s extraction technology had “inaccurate assertions” and pertained to the wrong process.
“The report’s description of DLE (direct lithium extraction) processes does not pertain to Lilac’s ion exchange technology. It is criticising the wrong process,” the New South Wales-based lithium miner said.
(Reporting by Himanshi Akhand in Bengaluru; Editing by Rashmi Aich)
