Thanks mate, this is positive and the market should react...

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Arcpro

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02/03/23

04:22

Post #: 66550747
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Originally posted by Photosynthesis: ↑

Article out worth reading. "Mining Minister defends greater State presence in lithium projects" The second half of the article is below and is about comments from LPI about a recent meeting with the Mining Minister.

After the meeting, Cristóbal García Huidobro, CEO of LPI and general manager of Minera Salar Blanco -which maintains a difference with Codelco over the exploitation of the Salar de Maricunga- commented that the minister was "very clear and committed to the development of the industry of lithium and giving the certainties that are essential for foreign investment”.

"We are leaving calm, looking at the development of our project with optimism, not only for us but for the country," he added. For his part, Russell Barwick, director of Lithium Power International and Chairman of MSB, stressed that "mining implies long-term projects and, therefore, trust in the institutional framework, legal certainty and, in particular, respect for to a country's international treaties. 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."

On Tianqi's side, the meeting with Minister Hernando was attended by CEO Tianqi Lithium Energy Australia, Raj Surendran, accompanied by José Hofer, LIB Supply Chain specialist, and executive Paul De Nardi.

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Thanks mate, this is positive and the market should react accordingly.

LPI Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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Thanks mate, this is positive and the market should react...

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