Lithium Power International Limited (Lithium Power or LPI.AX) is an ASX listed diversified pure-play lithium explorer and developer with its head office in Sydney, Australia and satellite offices in Santiago, Chile and Buenos Aries, Argentina . The Company is focused on development of the world-class, high-grade, pre-production Maricunga Lithium Brine Project in Chile.
Lithium Power offers a diversified exploration and development strategy between lithium brine salars in South America and hard rock spodumene lithium in Australia.
Since mid 2015, the lithium spot price has rallied strongly due to supply being unable to satisfy increasing battery demand.
Lithium Power understands that developing and fast-tracking production of the world-class, high-grade Maricunga Lithium Project will be a key driver to increasing future shareholder value. Together the Board of Directors, management and technical team have over 160 years combined experience across mining, lithium exploration, and strategic transactions.
Square Kilometre Lithium Portfolio covering Australia and South America
USD/t spot in China based (refer Asian Metal website)
% increase in lithium carbonate spot price in China over the last 12mths
% of the world’s lithium supply comes from 5 producers
Electric Vehicles only sold globally in 2015
$ Billion Tesla's Market capitalisation