Lithium Power International Ltd uploaded a Presentation
May 4, 2023
Lithium Power Presentation – Chile’s Next Sustainable Lithium Producer
Highlights:
- STRONG ASSET: MARICUNGA PROJECT – The Maricunga project is located within the ‘Lithium Triangle’ in northern Chile, home to the largest and highest quality lithium brine deposits.
- SUSTAINABILITY IN DESIGN – Green producer reflected in the design: 50% of the water is produced by the project and used of renewable solar energy.
- SUPPLIES HAVE BEEN SECURED – Water supply secured and port and logistics assessment have been completed. MOU with a mining company for the use of existing electricity infrastructure. Existing international highway
- HIGHEST QUALITY – Test work has produced battery-grade Li2CO3 samples, achieving 99.92% purity using Maricunga’s brine from the Pilot Evaporation Ponds.
- PROGRESS ON KEY STRATEGIC MILESTONES – The project is being developed with a low-risk strategy with significant expansion potential. Lower risk on Stage One and expansion potential.
- EXCELLENT LOCAL & INDIGENOUS RELATIONSHIPS – New standard for the relationship with Indigenous Communities and other Stakeholders, set on the Maricunga development.
- FULLY PERMITTED FOR STAGE ONE – High technical environment standards reflected on the environmental approval received by the Chilean authorities in February 2020.
- SOLID TEAM – We have highly experienced and proven board, management and technical teams in mining, lithium exploration and strategic transactions. The project has been developed with Tier-1 companies like GEA, Worley, Stantec etc.
- MARICUNGA MINERAL RESOURCE ESTIMATE – The updated resource estimate of 1,905,000 tonnes of lithium carbonate equivalent represents close to double the initial resource of 1,020,000 tonnes in the 2019 Definitive Feasibility Study.
- OUTSTANDING ECONOMICS – Maricunga is among the most efficient producers with an OPEX of US$3,718 per tonne. The project is projected to produce 15,200 tonnes per annum over 20 years with a pre-tax NPV of US$1.97B.