
November 01, 2022
Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to present its investor presentation.
Highlights
- LPI has consolidated 100% ownership of the Maricunga brine Project, by way three-party all- scrip merger with its JV Partners.
- LPI holding 100% ownership of the Project will simplify decision-making and provides the optimal structure to oversee the rapid development of Maricunga.
- Maricunga Project is de-risked and fully permitted for construction
- Significantly increased tenement holdings in Western Australia, to become the largest coverage in the Greenbushes Region and adding to the region profile by acquiring additional exploration tenements in the Eastern Goldfields, WA.
- Demerger and subsequent listing of the Western Australia holding company to be deferred until Q1 2023 with the consolidation of MSB taking precedent and was a prerequisiteto the demerger
MARICUNGA, CHILE
The most advanced, fully permitted, near term Lithium carbonate producer in the Lithium triangle
Why Maricunga?
World Class Location
- Chile – first rate mining jurisdiction and globally significant lithium producer
- Investment grade – attractive foreign investment destination
- Existing infrastructure – already established• No competing land use
Sustainable Lithium Production
- Exceptional ESG Profile
- Setting a new standard for the relationship with Indigenous Communities
- Conventional, low risk, low impact, evaporation process
- Low CO2 emissions – use of renewable solar energy• High purity battery grade lithium carbonate
- Low water usage• Long-term positive legacy to all stake holders
Click here for the full ASX Release
This article includes content from Lithium Power International, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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