The fall in lithium price is relevant to china prices. ROW...

The fall in lithium price is relevant to china prices. ROW prices however have remained reason
ably stable.


Its high lithium grade and low impurities that means everything. LPI has this. Good luck to other lithium hopefuls out there with lower grades and impurities who think they can get battery grade without a massive CAPEX and larger OPEX with a plant scaled to produce 20kt LCE pa.

According to Benchmark minerals there are 68 lithium ion mega factories in the pipeline totalling 1,450GWh which could make 22mil EVs a year by 2028.

Maricunga is one of the most advanced highest grade brine projects in the world and battery makers will be locking in their supply soon to meet this growing demand. We already have the permits to produce and export lithium from old code tenements which could potentially be doubled if drilled from 200 to 400m depth giving a CEOL for Litio less significance for years to come. This makes way for our environmental approval and finance being our only hurdle to construction. Our extensive 11000 page eia and MSB being only 1 of 4 companies in the world to produce a hydro model of a salar leaves me feeling confident in this space. Yes CAPEX is large but with the assumed profit margins it will be paid off in 3.5 years. Such a small MC and money in the bank. Looks good from here.  DYOR