Lithium Power International (ASX:LPI)

Cristobal Garcia-Huidobro
Market Cap (AUD): 73.64M
Sector: Materials
Last Trade (AUD): 0.27 -0.01 (-3.57%)
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1. About

Lithium Power International (ASX:LPI) is a pure-play lithium company focused on the development of Chile’s next high-grade lithium mine.

The Maricunga JV, in which LPI holds a 51% interest, is the highest quality pre-production lithium brine project in South America and has one of the world’s highest-grade lithium resources at 1,167 mg/l lithium and 8,500 mg/l potassium. The 2019 JORC and NI 43-101 compliant resource estimate for the deposit totals 2.07 Mt LCE now all classified as Measured or Indicated & 5.38 Mt KCl from surface to 200m depth. Significant potential for resource expansion lies in an exploration target of 1.0 – 2.5 Mt of LCE and 3 – 6.6 Mt of KCl between 200m and 400m depth. The exploration target has been drilled to 360m and remains lithium enriched and open at depth.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk