Lithium Power International Ltd Stock Market Press Releases and Company Profile

Developing Chile's next lithium mine

Deutsche Bank Future Metals Day Presentation
Deutsche Bank Future Metals Day Presentation

Sydney, May 24, 2018 AEST (ABN Newswire) - Lithium Power International Ltd (googlechartASX:LPI) (googlechartLTHHF:OTCMKTS) provides Deutsche Bank Future Metals Day Presentation.

Maricunga: a high-quality asset

- Located within the "Lithium Triangle" - home to the largest and highest quality lithium brine deposits.

- The highest quality pre-production lithium brine project in South America in terms of lithium grade, size and aquifer characteristics.

- The most advanced pre-production lithium project in Chile.

- 100% owned by the JV and not subject to leasehold related negotiations impacting other Chilean operators.

2017 JORC and Ni43-101 Resource Estimate

- 2.15 Mt LCE and 5.7 Mt KCI

- One of the worlds highest-grade lithium brine resources at 1,160 mg/l lithium and 8,500 mg/l potassium

- 80% Measured and Indicated: 1.7 Mt LCE and 4.5 Mt KCI

- 20% Inferred: 0.45 Mt LCE and 1.2 Mt KCI

- Exploration target upper case scenario 2.5 Mt LCE

Lithium Power: a compelling investment opportunity

- Test work has produced the first battery grade Li2CO3 sample, meeting commercial high quality specifications.

- Preliminary Economic Assessment ("PEA") by WorleyParsons completed in Dec 2017 indicates Maricunga to be a low-cost lithium producer with short payback and a long mine life.

- Definitive feasibility study targeted by end of 3Q18.

- Optimization of lithium extraction and potassium production to develop the lowest cost process with highest possible recoveries.

- Port and logistics assessment fully completed.

- All permitting and government approvals targeted 2Q19.

- Awarded by the Australian Embassy for being the company with the largest investment in the lithium sector in Chile.

To view the full presentation, please visit:
http://abnnewswire.net/lnk/QCF1UY54


About Lithium Power International Ltd

Lithium Power InternationalLithium Power International Limited (ASX:LPI) is a pure play lithium company with three distinct project regions to provide diversification. One is located in South America's brine region and three are in Australia's spodumene hard rock areas of Western Australia.

The primary focus is to develop of Chile's next high-grade lithium mine on the Maricunga Salar in an area known as the Lithium Triangle. The Company has also expanded its tenement holdings of lithium exploration prospects in Western Australia.

https://twitter.com/LithiumPowerLPI https://www.linkedin.com/company-beta/17892940?pathWildcard=17892940 abnnewswire.com 


Contact

Martin C Holland - CEO
Lithium Power International
E: info@lithiumpowerinternational.com
T: +61-2-9276-1245
www.lithiumpowerinternational.com
Twitter: @LithiumPowerLPI



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