Lithium Power International

Financials:

Primary ticker: ASX:LPI
Stage of development: Exploration, Development
Primary minerals: Lithium
Project to promote: The Maricunga Project
Project location: Chile
Website: www.lithiumpowerinternational.com

Lithium Power International Limited (ASX.LPI) (‘LPI’ or the ‘Company’) is a pure play lithium company with three distinct regions, one is South America’s brine region and two in Western Australia’s spodumene hard rock, providing diversification in both geography and geology.
 
The company’s primary focus is on the development of Chile’s next high-grade lithium mine – Maricunga Salar in an area know as the Lithium Triangle. The Company has continued the exploration on its lithium tenements in Western Australia.


Cash:
AUD$15.2M
Debt: Nil


Major shareholders:

HSBC Custody Nominees (Australia) Limited – 11.33%
Citicorp Nominees Pty Limited – 6.91%
Chifley Portfolios Pty Limited – 6.16%
ArmaTrust Pty Ltd – 5.18%
Treasury Services Group Pty Ltd – 4.94%
Management ownership – 16.8%

Management Profile

Andrew Phillips – Executive Director/CFO/Company Secretary
Mr Phillips has over 25 years’ international commercial experience previously working in senior financial and commercial management positions with a number of public and multinational companies in Australia and New Zealand with extensive networks throughout Asia. He has served in the past as a director and/or company secretary for a number of ASX listed Companies.

What recent news would you like to highlight to investors attending?

Maricunga Resource Update.

What are your key goals in 3 months, 6 months, 12 months?

3 Months:

Finalise Funding and JV off-take

 

6 Months:

In Construction