Lake Resources

Sydney, Australia Founded: 1997 • Age: 29 yrs Listed
High-purity lithium extraction technology is developed sustainably from brines.

About Lake Resources

Lake Resources is a publicly listed company based in Sydney (Australia) founded in 1997. It operates as a high-purity lithium extraction technology is developed sustainably from brines. The company has 30,000 employees. Its chief executive is Stephen Promnitz. Its focus areas include Mining, Mining Companies, Metals and Lithium.

Company details

Lake Resources was founded in 1997 in Sydney, Australia, and operates in the lithium sector. Ion exchange processes are employed to extract high-purity lithium from brines, producing materials for batteries. Brine is largely returned to its source, avoiding evaporation ponds and reducing carbon emissions. Large-scale lithium carbonate production is supported through partnerships focused on environmental compliance and efficiency.

  • Headquarters Sydney, Australia
  • Employees 30,000
  • Stage Public
  • Sectors
    Natural Resources
  • Website lakeresources.com.au
  • Social LinkedIn X
  • Legal Name Lake Resources N.L.
Operational Areas
Key Metrics
  • Net Profit
    -$16.18 M (USD)
    -20.16
    as on Jun 30, 2026
  • EBITDA
    -$16.05 M (USD)
    14.27
    as on Jun 30, 2026
  • Latest Funding Round
    $15.42M (USD), Post-IPO

    Jan 2021

  • Employee Count
    30,000

Funding Insights of Lake Resources

  • Total Rounds 6
  • Last Round Post-IPO β€” $15.42M
  • First Round $2.7M

    (Jun 2019)

All 6 funding rounds of Lake Resources with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$15.42MPost-IPO––
–
Aug 2020$1.83MPost-IPO––
–
Feb 2020$3.68MPost-IPO––
–
Oct 2019$25MDebt – Conventional––
–
Jun 2019$207,000Post-IPO––
–
Jun 2019$2.7MPost-IPO––
–

People of Lake Resources

9 people are tracked at Lake Resources (8 in leadership, 1 in team); the tracked headcount is 30,000.

NameRoleGroup
Stephen Promnitz
CEOLeadership
Lindsay Bourg
Chief Accounting OfficerLeadership
Don Miller
Chief Financial OfficerLeadership
Jonah Smith
Vice President OperationsLeadership
Barbara Cozzi
Country Manager & Director Of Legal & Regulatory AffairsLeadership
David Dickson
Managing Director/ceoLeadership
Justin Olson
Vice President - Legal, Compliance & RiskLeadership
Ife Orimoloye
Vice President Strategy & MarketsLeadership
Jesica Rosas
Cuentas Por Pagar - Contabilidad - ImpuestosTeam
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Complete people profiles for Lake Resources

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IPO & Listings of Lake Resources

Lake Resources is a publicly listed company on the ASX with ticker symbol LKE in Australia, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date29 Aug 2001
  • Listed onASX: LKE
  • Listed entityLAKE RESOURCES N.L.
  • Exchange sectorNon-energy minerals
  • ISINAU000000LKE1
  • Share price0.03 AUD · 2026-10-14
  • Market capitalisation78,165,441.00 AUD
  • EPS (diluted, trailing year)-0.01 AUD
  • Volume (last session)3,426,254

Financials of Lake Resources

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2026–-23.5M AUD-23.3M AUD
2025–-19.6M AUD-27.2M AUD
2024–-52.5M AUD-51.0M AUD
2023–-45.8M AUD-54.8M AUD
2022–-5.7M AUD-11.9M AUD
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Detailed financial statements for Lake Resources

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Lake Resources

4 dated milestones of Lake Resources across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lake Resources is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $2.7M.
  4. Funding Latest funding round, Post-IPO, of $15.4M.

Web traffic of Lake Resources

The website of Lake Resources (lakeresources.com.au) receives about 6.7K visits a month.

  • Monthly visits
    6.7K

    ▼ 4.7% vs previous month

Similar websites

Websites whose visitors overlap most with Lake Resources. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
smallcaps.com.au
100%
133K#322,015View details

Top companies in Mining Companies

10 companies that operate in the same segment as Lake Resources (Mining Companies), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Gold mining and exploration services are provided worldwide.
1916Greenwood Village, Colorado, United States–USD 18.56 B42,600
Gold is produced from eight operating mines in four countries.
1887Sandton, Gauteng, South Africa–USD 9.45 B–
Copper, gold, and molybdenum are mined across international operations.
1912Phoenix, Arizona, United States–USD 25.91 B28,500
Lithium exploration and development are conducted in the United States.
1983New York, New York, United States–––
Iron ore and nickel are mined and processed internationally.
1942Rio De Janeiro, Rio De Janeiro, Brazil–USD 933.72 M3,040
First Majestic is engaged in silver and gold mining operations.
2002Vancouver, British Columbia, Canada–USD 1.29 B–
Diversified exploration and development of metals are conducted globally.
1949Rouyn-noranda, Quebec, Canada–USD 1.06 M–
CIMIC Group is recognized as an engineering-led services provider in construction and resources.
1949Sydney, New South Wales, Australia–––
Gold is produced by Sibanye-Stillwater in South Africa.
2012Westonaria, Gauteng, South Africa–USD 7.84 B479
Uranium and vanadium exploration and development services are provided.
2006Lakewood, United States–USD 78.11 M1,370
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Related news about Lake Resources

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Frequently Asked Questions about Lake Resources

Lake Resources was founded in 1997 and raised its 1st funding round 22 years after it was founded.

Lake Resources is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Stephen Promnitz is the current CEO of Lake Resources.

Lake Resources has 30,000 employees.

Lake Resources was founded in 1997 in Sydney, Australia, and operates in the lithium sector. Ion exchange processes are employed to extract high-purity lithium from brines, producing materials for batteries. Brine is largely returned to its source, avoiding evaporation ponds and reducing carbon emissions. Large-scale lithium carbonate production is supported through partnerships focused on environmental compliance and efficiency.

Yes, Lake Resources is publicly traded on ASX under the ticker symbol LKE.

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