Lithium Power

A binding scheme implementation deed has been signed between $LPI and Codelco for an all-cash A$0.57/share acquisition of LPI. Investor call today at noon AEDT at ow.ly/6u1m50PXW98

Discussions are underway between $LPI and Codelco regarding a potential transaction. Codelco has been granted due diligence, but there is no certainty a deal will be finalised. ow.ly/X5uB50PQqST

EVs have reached critical mass and are powering ahead to global dominance. That is great news for #lithium, and companies like $LPI. LPI's Andrew Phillips says that some 41 million vehicles are likely to be on roads worldwide this year, a hike of 52%. ow.ly/5VMA50PyfFN

$LPI refutes AFR articles run on 17 July re the status of our Maricunga tenements and our market disclosure. Investors are fully informed, and the standing of our concessions and permitting is solid. All rights have previously been confirmed and ratified. ow.ly/RFkY50PeC6o

Governments and global businesses now concur that vast sums of capital are needed to spur green energy. $LPI director Andy Phillips explains why substantial new pledges to industrialise #lithium are changing the world for the better. ow.ly/NKjv50Pa7sA

In @LithiumPowerLPI's new eBook, Andrew Phillips, Executive Director of LPI, explores Chile’s #lithium industry and how the country’s lithium outlook will affect the company’s flagship Maricunga project. Click the link below to read more ⬇ bit.ly/44vGfVz

Today, $29m was received for our Western Australian #lithium assets. The balance of $1m will be paid when permits currently under application are approved. The funds will strengthen our reserves ahead of finalising finance for our Maricunga project in Chile. $LPI

Maricunga is to be a zero emissions #lithium project. $LPI today revealed plans for low water use, renewable solar power, strict environmental monitoring and DLE in future expansions. ow.ly/a3zi50OTmLv

The sale of our WA lithium assets adds significantly to $LPI's balance sheet, and is non-dilutionary to shareholders, CEO Cristobal Garcia-Huidobro says. This comes at a critical stage as financing for the flagship Maricunga project in Chile advances. ow.ly/4X4850OSmwu

The Western Lithium assets owned by $LPI have been sold for $30m cash to Albemarle. The sale will strengthen LPI's financial resources as progress on its Maricunga lithium project in Chile progresses. ow.ly/YC1Q50ORleV

$LPI recently conducted seed collection activities near our Maricunga #lithium project in Chile. These species will be propagated in nurseries and later planted on our leases to support plant diversity. The collectors include local indigenous people.

$LPI will be at the Fastmarkets Lithium Supply and Battery Raw Materials event in Las Vegas from 20-22 June. CEO Cristobal Garcia-Huidobro will present on the first day. This is the largest global forum for lithium and battery raw materials. ow.ly/EB9950OOTrF*

Lithium's price bounce and clarity on Chile's #lithium policy are positive for $LPI, say Edison. NPV is discounted by 40%+, which is "overly conservative" given Maricunga is in the final investment decision stage and high levels of M&A abound. ow.ly/L5K650OOPSm

Our Managing Director and CEO Cristobal Garcia-Huidobro has updated investors on recent political developments related to the lithium industry in Chile. ow.ly/hQYi50OsZlv $LPI

A sudden change in the balance of power in Chile is raising doubts on proposed new mining laws. Conservative parties now are in the majority, holding 60%+ of Council members. Positive outcomes could emerge re foreign investment and economic activity. ow.ly/OOan50Olc8y

The bottom is in for lithium, a Canaccord report says in Stockhead today. It says five ASX lithium stocks have 180-380% upside, and $LPI is one of them. Closing at 37.5c today, the broker says LPI could hit $1.50 if a Chinese buyer comes along. ow.ly/jn8U50Ok6vW

Australia's ambassador to Chile, Todd Mercer, deep in discussion with $LPI's CEO, Cristobal Garcia-Huidobro, during the high-powered Lithium Is Now! conference in Santiago.

Our CEO Cristobal Garcia-Huidobro explains the benefits of $LPI's Maricunga #lithium development at this week's Expomin Lithium Is Now! conference in Santiago.

LPI's Quarterly Report says financing options for our Maricunga Stage One lithium project are being assessed. They include strategic equity investments, offtake partners and debt/equity financing. It is the most advanced and permitted project in Chile. ow.ly/NEuM50NZaC7

Today $LPI has released an explanation of Chile's new lithium policy as it relates to our Maricunga development. "It is very much along the lines of what was discussed and expected ..." said LPI director Russell Barwick. ow.ly/whQK50NPYG3