LPI 0.00% 56.5¢ lithium power international limited

LPI - The Next Lithium Producer in Chile, page-3148

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    New article out today about NLC and LPI my favorite one yet so far.
    Full link. "Chile will present its National Lithium Policy this Friday: it points to a public-private model"

    The Minister of Mining of Chile, Marcela Hernando, announced that this Friday President **riel Boric will present the National Lithium Policy, where Codelco and Enami will have a leading role and will go hand in hand with a public-private collaboration.

    While the project to create a National Lithium Company would also be sent to Congress this week . However, while it is being discussed in parliament, Codelco and Enami will be the state companies in charge of developing the plan that the Government will present to execute the "white gold".

    "There are some confidentiality agreements that have been signed and each of them have had conversations," said the Minister of Mining.

    It should be noted that Enami and Codelco are authorized by law to carry out mining activities, unlike Corfo, which is currently working the Atacama salt flat, the only deposit in operation in Chile and which is one of the 10 largest lithium operations. of the world.

    In recent weeks there has been intense lobbying by lithium producers to enter the Chilean market. One of them was from Russell Barwick, director of Lithium Power International and Chairman of MSB, who mentioned that "mining implies long-term projects and, therefore, confidence in the institutional framework, in legal certainty and, in particular , respect for the international treaties of a country.

    “These are key aspects in investment decisions. As an Australian company, we believe that Chile brings together all these elements and these authorities have conveyed that confidence to us," said the director of Lithium Power International and Chairman of MSB, about the Chilean authorities.

    Mining & Development with information from the Mining Report.

 
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