LPI 3.64% 26.5¢ lithium power international limited

Lithium News in Chile, page-2

  1. 1,742 Posts.
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    Corfo signed the preferental lithium price with SQM. News came out 1hr ago.

    So the milestone below will get kickoff again quickly. They are anticipated to build the plant and production by 2020.
    I will speculate that we will hear news from Fulin Group pretty soon. ALB probably will be kicked out so Codelco and its partner will probably join SQM to sell Lithium to the group below so they can get processed in Chile.

    March 2018: Chile’s Molymet and China’s Sichuan Fulin Industrial Group, a joint venture between Samsung SDI Co Ltd and South Korea’sPOSCO approved to make investments of around $754M to produce 58,000 tonnes of cathode per year, the main material in lithium batteries. Corfo signed the agreement with Albemarle to provide as much as 25% of its annual production at adiscount (or “preferential price” to companies seeking to produce batterymetals within Chile.
    Last edited by LT_Investor: 21/12/18
 
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