LPI 3.64% 26.5¢ lithium power international limited

https://www.redimin.cl/proyecto-de-litio-en-chile-inicia-su-const...

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    https://www.redimin.cl/proyecto-de-litio-en-chile-inicia-su-construccion-en-2020-con-inversion-de-us527m/

    Date: Sep 27, 2018


    The article is more than 5 months old but our CEO could not made such statements without discussions taking place.


    ...On financing, he said that although it has not been defined, options will be evaluated with financial entities, but also "includes the possible entry of a strategic partner in the future."


    The company talks with China's Sichuam Fulin Industrial Group, which outlines the construction of a lithium cathode material plant in Chile with an investment of US $ 100 million in its first phase.


    "The talks between Fulin and MSB point to both Fulin entering the ownership of MSB, and that MSB can participate as a developer and operator of this future plant," he said.


    Fulin, along with other firms, was favored in a state tender to develop investments linked to lithium as part of an agreement with local producers SQM and Albemarle, in order to offer a preferential price to the value-added companies that operate in the region. country.


 
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