Lithium Power International Limited (ASX:LPI) provides this announcement in response to information contained in a "Mergermarket" article dated 12 April 2018. The article quotes LPI CEO Martin Holland regarding the potential divestment of LPI's Western Australian exploration assets and certain other potential transactions.
Lithium Power International Ltd
Lithium Power International Limited (ASX:LPI) (FRA:24L) is a pure-play lithium explorer and developer, focusing on developing and fast-tracking to production the high-grade Maricunga lithium brine project in Chile.
LPI has a well known performing technical team with the experience to take the Maricunga project all the way through the development stages to production.
The regions that LPI is currently focussed on are:
1. Maricunga JV (Chile) – On 13th September 2016, Lithium Power announced the creation of a new JV to develop the world-class Maricunga lithium brine deposit in northern Chile.
2. Pilbara (Western Australia) – LPI has one granted exploration tenement and two pending exploration applications covering 203km2 in the Pilbara region of northern Western Australia. The largest granted exploration tenement is at Pilgangoora-Houston Creek is 2-3km west of the Pilbara Minerals (ASX:PLS) and Altura Mining (ASX:AJM) lithium deposits.
3. Greenbushes (Western Australia) – LPI has two granted exploration tenements covering 400km2 in the Greenbushes area of southern Western Australia. The tenements are adjacent to the world’s largest hard rock lithium mine owned & operated by Tianqi/Talison.
4. Centenario (Argentina) –Through its Argentinian subsidiary, Lithium Power holds a total of 6 granted tenements in the Centenario lithium brine salar within the Salta province of the Puna Plateau. In total, the 6 granted tenements cover an area of 61.52km2. In addition, there is 1 further tenement in the grant review stage.
With the exception of the Maricunga JV, all tenements are 100% owned by LPI or LPSA (including rights to the Centenario tenement which is the subject of review by the Argentinian mining authorities).
Lithium Power International Ltd (ASX:LPI) Maricunga Lithium Brine Project Achieves 99.9% Lithium Carbonate Purity
Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) is pleased to advise that the globally recognised chemical company Veolia Water Technologies has produced lithium carbonate samples of 99.9% purity from concentrated brine produced from the Salar de Maricunga.
Lithium Power International Ltd (ASX:LPI) Maricunga Lithium Brine Project Awarded Key Regulatory Export Licence
Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) is pleased to advise that it's 50% owned Chilean joint venture company Minera Salar Blanco has been awarded a key regulatory export licence by the Chilean Nuclear Energy Commission to produce, market and export lithium products from Chile that are extracted from the Maricunga salar.
The directors present their report, together with the financial statements, on the consolidated entity consisting of Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) and the entities it controlled at the end of, or during, the period ended 31 December 2017.
Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) provides clarification from the Maricunga JV Company, Minera Salar Blanco, on a recent press release featured this week in the Chilean media, along with statements made by the outgoing Chilean Mining Minister at the Prospectors & Developers Association of Canada convention in Toronto earlier this week.
Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) is pleased to release an animated video detailing the Maricunga project engineering and design, produced by WorleyParsons.
Lithium Power International Ltd (ASX:LPI) (OTCMKTS:LTHHF) provides the Company's Investor Presentation February 2018.
Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) advised today that it would lift its shareholding in the high grade, low cost Maricunga Lithium Brine Project by up to six months ahead of the agreed joint venture schedule.
Lithium Power International Ltd (ASX:LPI) Maricunga Lithium Brine Project First Lithium Carbonate Samples Produced
Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) is pleased to advise that the first lithium carbonate sample has been produced from Maricunga brine for the Maricunga Joint Venture company using the optimised process being developed by experienced process company GEA of Germany.
Chilean Lithium prospects have been relatively overshadowed in recent years by the rising Argentine Lithium scene. This has been because the Chilean scene was perceived to be locked up between the majors of the now moribund "cartel" and because there were a plethora of undeveloped salares on the Argentine side of the Andes.