LPI 3.64% 26.5¢ lithium power international limited

Mick, CORFO is the economic development agency in Chile and is...

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  1. 1,106 Posts.
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    Mick, CORFO is the economic development agency in Chile and is using its control of the Atacama tenements to kick-start a lithium down-stream processing industry in Chile.  The upshot is that the greater amount of investment in lithium downstream processing in Chile (ultimately a gigafactory and EV manufacture) the greater demand there will be for the EV battery inputs such as lithium which could benefit LPI - it could be a catalyst for an expansion of output at Maricunga.

    You need to separate out Albemarle and SQM's dealings with CORFO as they are unique and dont apply to us.  What I am focussing on is the broader benefits associated with potential development of lithium downstreaming processing industries in Chile - given LPI will be a supplier of a key input to that sector, there could potentially be flow-on benefits for LPI.  Investment in lithium downstream industries is key plank of this Chilean Government and also the previous regime.
 
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