LPI 0.00% 56.5¢ lithium power international limited

LPI - FNN

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    Managing Director and CEO Cristobal Garcia-Huidobro and Executive Director and CFO Andrew Phillips discuss the Environmental Approval for the company's Maricunga lithium brine project in Northern Chile

    "Andy Phillips: We are working towards the funding of the project. We're working with a number of offtake partners or potential partners internationally. And we've had discussions with them for the last 6 to 12 months. We've also been talking to some debt funders, so we're looking at a debt equity kind of mix for the overall project development. And now that we've got the EIA out of the way, it's going to be moving quite quickly ahead."

    Rachael Jones: Thanks, Andy. Now back to you, Cristobal, to the last question, is there anything else you'd like to add?

    Cristobal Garcia-Huidobro: Yes, Rachael, and I think it's something that a lot of people are questioning. It's basically what's going on with the agreement with Codelco. So, to be very clear, we're in the middle of the due diligence with that, and everything's moving forward as expected. And we are again expecting to have that finalised, or to have that definitive agreement ready, by the beginning of the second half of this year.
 
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Currently unlisted public company.

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