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Kachi Project Finance Support UK Export Finance & Canada EDC – Export Credit Agencies Support Expression of Interest - Funding to ~70% of Total Required – including Expansion Project Finance ~70% debt## CAPEX Interest Rates ~3%## Debt Duration 10-11 years* UK Export Finance & Canada EDC provided Expression of Interest to support ~70% of the total finance required • Subject to standard project finance terms, including DFS, ESIA and offtake • Support for expansion to 50,000 tpa • 8.5 year debt funding post construction • Significantly lower cost of capital than traditional debt financing and Reflects ESG benefits of project Increases. Was US$544m at 25,500 tpa Annual production Li2CO3 50,000tpa Project life 25+ years Note: Expression of Interest subject to standard project finance terms (refer ASX release 11 Aug 2021) * 8.5 years Post Construction # Expansion study to double production, but not completed ## Indicative level of support c. 70% debt over 8.5 years post construction ASX: LKE OTC: LLKKF SLIDE / 15PDF Image | Lake Resources
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Product and Development Focus for Infinity Turbine
ORC Waste Heat Turbine and ORC System Build Plans: All turbine plans are $10,000 each. This allows you to build a system and then consider licensing for production after you have completed and tested a unit.Redox Flow Battery Technology: With the advent of the new USA tax credits for producing and selling batteries ($35/kW) we are focussing on a simple flow battery using shipping containers as the modular electrolyte storage units with tax credits up to $140,000 per system. Our main focus is on the salt battery. This battery can be used for both thermal and electrical storage applications. We call it the Cogeneration Battery or Cogen Battery. One project is converting salt (brine) based water conditioners to simultaneously produce power. In addition, there are many opportunities to extract Lithium from brine (salt lakes, groundwater, and producer water).Salt water or brine are huge sources for lithium. Most of the worlds lithium is acquired from a brine source. It's even in seawater in a low concentration. Brine is also a byproduct of huge powerplants, which can now use that as an electrolyte and a huge flow battery (which allows storage at the source).We welcome any business and equipment inquiries, as well as licensing our turbines for manufacturing.| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |