Also, the Chilean Finance Minister introduced the long-awaited tax reform Bill last Friday and it is great news for lithium and smaller copper miners. There are only changes for the bigger end of town in the copper industry and higher taxes for wealthy individuals. The lithium sector is untouched. I have been very surprised by the Boric Government and the new Mining Minister. They are sending all the right signals to the global investment community. The proposed tax changes are reasonable and will go along way to sustaining Chile as the number one economy in South America.
LPI Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held