Codelco / Rothschild in advanced talks with LithiumPowerInternational ?, page-4

Funny how Codelco tried for over six years to bully LPI out of existence at Maricunga. Firstly through its failed lithium tender back in 2017 and by its attempt to overturn Chile's mining law regarding the old code concessions. On both occasions they failed. Meanwhile LPI ignored the bully-boy tactics and enhanced its strategic position at Maricunga through astute acquisitions.

Finally, it has realised that LPI is in control at Maricunga and the only way it can take a viable commercial position at that salar is through a buy-in or buy-out of LPI's Maricunga project.

The only problem for Codelco is they are very, very late to the party.

GLTAHs.