Maricunga Project Update
Chile is expected soon to release a new lithium policy that LPI believes will be supportive of private developers and may also involve the option of partial State equity collaborations. Download the full announcement to learn more.
Initial Response to the Chilean National Lithium Policy
LPI is pleased to provide an English translation of two media reports in Chile in response to the initial release of the Chilean National Lithium Policy and the potential effect on the company’s Maricunga lithium brine project. Download the full announcement to learn more.
Chile takes further steps towards constitutional reform
Lithium Power International Limited is pleased to provide an update on the recent vote in Chile over the weekend on the Chilean Constitution reform. Download the full announcement to learn more.
Maricunga Project
The Maricunga JV Project is located within the “Lithium Triangle” in northern Chile, home to the largest and highest quality lithium brine deposits.
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A COMPELLING INVESTMENT OPPORTUNITY
SUSTAINABILITY IN DESIGN
- Green producer reflected in the design
- 30% of the water is produced by the project.
- Use of renewable solar energy.
EXCELLENT LOCAL AND
INDIGENOUS RELATIONSHIPS
New standard for the relationship with Indigenous Communities and other Stakeholders, set on Maricunga development.
RESOURCES AND RESERVES
INTERNATIONAL STANDARDS
Resources and Reserves under NI 43-101 and JORC standards.Updated M+I Resources with 90% increase for Stage One.
TIER-1 COMPANIES
The project has been developed with Tier-1 companies like GEA, Worley, Stantec, etc.
HIGH QUALITY LITHIUM CARBONATE
First high purity and high-quality battery grade Li2CO3 sample (99.4% purity) produced in 2018, using Maricunga’s brine from the Pilot Evaporation Ponds.
FULLY PERMITTED
High technical environment standards reflected on the environmental approval received by the Chilean authorities in February 2020.
SUPPLY
- Water supply secured throughout the mine life and
Port logistics assessment has been completed. - Government approval given for the use of electricity
infrastructure. - Existing international highway.
STAGGERED STRATEGY
Lower risk and excellent expansion potential.
The Movement is Electric
2,150,000
JORC & Ni 43101 Lithium Resource Estimate.
1,160 mg/L
World’s Second Highest grade Lithium Deposit.
45 L/s
One of the highest Lithium Brine flow rates in S.America.